HAWTHORNE, Calif.--(BUSINESS WIRE)--Oct. 23, 2018--
OSI
Systems, Inc. (the “Company” or “OSI Systems”) (NASDAQ: OSIS) today
announced that its Optoelectronics and Manufacturing division has
received an order for approximately $10 million to provide electronic
sub-assemblies for use in devices of a leading medical technology
original equipment manufacturer (OEM).
OSI Systems’ Chairman and Chief Executive Officer, Deepak Chopra,
commented, "We are pleased to receive this order and look forward to
continue supporting this customer’s advanced medical devices."
About OSI Systems
OSI Systems 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. The Company combines more
than 40 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 or its subsidiary companies, visit www.osi-systems.com.
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Forward-Looking Statements
This press release contains
forward-looking statements within the meaning of the Private Securities
Litigation Reform Act of 1995, Section 27A of the Securities Act of
1933, as amended, and Section 21E of the Securities Exchange Act of
1934, as amended. Forward-looking statements relate to OSI Systems’
current expectations, beliefs, and projections concerning matters that
are not historical facts. Forward-looking statements are not guarantees
of future performance and involve uncertainties, risks, assumptions, and
contingencies, many of which are outside OSI Systems’ control and which
may cause actual results to differ materially from those described in or
implied by any forward-looking statements. Undue reliance should not be
placed on forward-looking statements, which are based on currently
available information and speak only as of the date on which they are
made. OSI Systems assumes no obligation to update any forward-looking
statement made in this press release that becomes untrue because of
subsequent events, new information, or otherwise, except to the extent
it is required to do so in connection with its ongoing requirements
under Federal securities laws. For a further discussion of factors that
could cause OSI Systems’ future results to differ materially from any
forward-looking statements, see the section entitled "Risk Factors" in
OSI Systems’ most recently filed Annual Report on Form 10-K and other
risks described therein and in documents subsequently filed by OSI
Systems from time to time with the Securities and Exchange Commission.
SOURCE: OSI Systems, Inc.
View source version on businesswire.com: https://www.businesswire.com/news/home/20181023005498/en/
Source: OSI Systems, Inc.
OSI Systems, Inc.
Ajay Vashishat
Vice President,
Business Development
310-349-2237
avashishat@osi-systems.com
