Dépêches

OSI Systems Receives Approximately $3 Million Contract to Provide Advanced Inspection Systems at a Middle East International Airport

Dépèche transmise le 3 octobre 2011 par Business Wire

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.

“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.”

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.

Business Wire

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