HAWTHORNE, Calif.--(BUSINESS WIRE)--
OSI
Systems, Inc. (NASDAQ:OSIS), a vertically-integrated provider of
specialized electronic products for critical applications in the
Security and Healthcare industries, today announced that its security
division, Rapiscan Systems, has been awarded a pan-European contract
valued at approximately $12 million by DHL, one of the world's leading
logistics and air cargo companies. The systems to be provided include
Rapiscan's high speed MVXR 5000 Explosives Detection Systems, which are
used for screening of very high volumes of parcels, as well as
Rapiscan's 600 series large tunnel dual view air cargo X-ray scanners,
which are designed to screen large parcels and air cargo pallets. The
Rapiscan screening solutions will enable DHL to further enhance their
robust security capabilities.
OSI Systems' CEO, Deepak Chopra, stated, "We look forward to providing
these screening solutions to DHL. With a broad range of qualified
inspection platforms for air cargo screening, OSI stands to benefit as
companies handling air cargo continue to upgrade their security
infrastructure."
About OSI Systems, Inc.
OSI Systems, Inc. is a vertically integrated designer and manufacturer
of specialized electronic systems and components for critical
applications in the homeland security, healthcare, defense and aerospace
industries. We combine more than 30 years of electronics engineering and
manufacturing experience with offices and production facilities in more
than a dozen countries to implement a strategy of expansion into
selective end product markets. For more information on OSI Systems Inc.
or any of its subsidiary companies, visit www.osi-systems.com.
News Filter: OSIS-G
This press release contains forward-looking statements within the
meaning of Section 27A of the Securities Act of 1933, as amended, and
Section 21E of the Securities Exchange Act of 1934, as amended. Such
statements include information regarding the company's expectations,
goals or intentions about the future, including the Company's contracts
to provide solutions to the Security industry. The actual results
may differ materially from those described in or implied by any
forward-looking statement.
OSI Systems, Inc.
Ajay Vashishat
Vice President,
Business Development
310-349-2237
avashishat@osi-systems.com
Source: OSI Systems, Inc.
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