OSI Systems Awarded $1.3 Million Contract for Patient Monitoring and Connectivity Solutions

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, has received a $1.3 million contract to provide patient monitoring and connectivity solutions to an Oklahoma based healthcare system. Spacelabs solutions include the Xprezzon™ and Ultraview SL patient monitors, as well as ICS G2 software applications.

"We value our long-term partnerships and are delighted to continue to provide our state of the art solutions to increase efficiencies and improve patient care," said Deepak Chopra, OSI Systems CEO.

About OSI Systems, Inc.

OSI Systems, Inc. is a vertically integrated designer and manufacturer of specialized electronic system 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.



CONTACT:

OSI Systems, Inc.
Ajay Vashishat, 310-349-2237
Vice President, Business Development
[email protected]

KEYWORDS:   United States  North America  California  Oklahoma

INDUSTRY KEYWORDS:   Technology  Hardware  Software  Health  Hospitals  Medical Devices  Medical Supplies  Managed Care

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