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, was awarded a contract for approximately $3
million to provide state of the art baggage, parcel and checkpoint
inspection systems to an international airport in the Middle East
region. The systems ordered include Rapiscan's high-speed explosives
detection system, which is capable of screening up to 1,500 bags per
hour and features advanced matrixing and networking capabilities.
OSI Systems' CEO, Deepak Chopra, stated, "We are proud to play a role in
improving this country's airport security infrastructure. We offer a
wide range of inspection systems that are approved by the world's
preeminent aviation authorities and allow international airports to
rapidly comply with the latest international standards for air passenger
and cargo transportation."
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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