OSI Systems Receives $11 Million Order from U.S. Government Agency to Provide Maintenance and Support Services for Inspection Systems
OSI Systems, Inc. (NASDAQ: OSIS) today announced that its Security
division, Rapiscan Systems, has received an order for approximately $11
million from a U.S. government agency for maintenance and related
services to support Rapiscan systems that inspect cargo, vehicles,
baggage and parcels.
OSI Systems President and CEO, Deepak Chopra commented, “We are pleased
to support this key U.S. government agency. We offer full life cycle
support for our wide array of inspection systems and that allows
customers to focus their efforts on screening operations while we
provide seamless service and maintenance of the related infrastructure.”
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 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 the Company’s current expectations, beliefs, projections and
similar expressions concerning matters that are not historical facts and
are not guarantees of future performance. Forward-looking
statements involve uncertainties, risks, assumptions and contingencies,
many of which are outside the Company’s control, that may cause actual
results to differ materially from those described in or implied by any
forward-looking statement. All forward-looking statements are
based on currently available information and speak only as of the date
on which they are made. The Company 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 these and other factors that could cause the
Company’s future results to differ materially from any forward-looking
statements, see the section entitled “Risk Factors” in the Company’s
Quarterly Report on Form 10-Q for the quarter ended March 31, 2013 and
other risks described in documents filed by the Company from time to
time with the Securities and Exchange Commission.
Copyright Business Wire 2013