HAWTHORNE, Calif.--(BUSINESS WIRE)--
OSI Systems, Inc. (NASDAQ: OSIS), a vertically-integrated provider of
specialized electronics and services, today announced that its Security
division, Rapiscan Systems, received an order from the Transportation
Security Administration (TSA) totaling approximately $12 million for the
upgrade of Rapiscan's carry-on baggage X-ray inspection systems. The
upgrades will increase the threat detection capabilities of currently
deployed Rapiscan 620DV Advanced Technology X-ray systems.
Deepak Chopra, CEO of OSI Systems, commented, "We are proud to receive
this award by the TSA to provide our latest detection technology at US
airport checkpoints. Our upgrade kits for the 620DV baggage inspection
systems will provide enhanced threat detection capability and further
improve the speed of baggage screening."
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.
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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, 310-349-2237
Vice President,
Business Development
avashishat@osi-systems.com
Source: OSI Systems, Inc.
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