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Initial Order from Manchester Airport Group
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Revolutionary Solid State CT Represents Generational Leap
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Provides Significant Improvement in Baggage Screening Efficiency
and Threat Detection
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, received an approximately $20 million order
to provide multiple units of the Real Time Tomography (RTT) Inspection
systems to Manchester Airport Group (MAG) in the U.K., where these
systems will be used to automatically inspect checked passenger baggage
for explosives and other potential threats. The RTT is a revolutionary
solid-state CT system that can achieve speed and operational dynamics
significantly superior to existing CT designs. RTT provides
high-resolution 3-D images at exceptional speeds processing up to 1,800
bags per hour, which equates to the highest throughput available on the
market today. Initial models of the RTT are targeted at the aviation
checked-baggage inspection market.
Rapiscan Systems' President, Ajay Mehra, commented, "Our next generation
CT system, the RTT, allows airports to upgrade their baggage inspection
infrastructure, with minimal modifications, to meet higher standards of
screening required in the EU without sacrificing the operational
throughput required by airports. The unique mix of CT detection
performance and high throughput positions the RTT in a class by itself,
and makes it the first system that truly bridges the gap between EU and
US requirements."
The order by Manchester is the initial commercial sale of the Real Time
Tomography system, which offers airports significant improvement over
existing security screening technologies in threat detection and
operational efficiency.
OSI Systems' CEO, Deepak Chopra, stated, "We are excited about the first
commercial order for the Rapiscan RTT baggage inspection system. We are
especially gratified that Manchester Airports Group, one of the world's
most forward-thinking airport groups, has selected the RTT. RTT's design
and performance will not only address MAG's security requirements — it
is expected to also provide lower overall operational and services costs
than traditional CT based baggage scanners."
Andrew Harrison, Managing Director, Manchester Airport, said: "Our order
for the RTT technology is the latest innovative development in our
approach to aviation security both in terms of improving customer
service and managing potential threats. We have worked closely with
Rapiscan on the development of the RTT including its trial at Manchester
Airport in 2009. With its revolutionary design and unprecedented
performance, Rapiscan's RTT will help us to maintain our reputation as
one of Europe's most passenger friendly airports."
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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