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OSI Systems Receives $1.1M in Orders from Methodist Health System for Medical Telemetry Solution

Dépèche transmise le 5 avril 2011 par Business Wire

OSI Systems Receives $1.1M in Orders from Methodist Health System for Medical Telemetry Solution

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 Healthcare division, Spacelabs Healthcare, received orders totaling $1.1 million from Methodist Health System. The award-winning hospital has chosen to replace its existing medical telemetry system with 140 channels of Spacelabs telemetry over five care areas on its main campus in Dallas, Texas.

OSI Systems CEO, Deepak Chopra, stated, “Spacelabs pioneered medical telemetry more than 50 years ago, working with NASA to monitor the vital signs of orbiting astronauts, and was first to introduce this technology to hospitals. We are pleased that Methodist Hospital has chosen to convert to Spacelabs Healthcare’s medical telemetry, and benefit from decades of innovation and experience.”

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 deliver a broad range of solutions to customers in the healthcare industry. The actual results may differ materially from those described in or implied by any forward-looking statement.