OSI
Systems, Inc. (NASDAQ: OSIS), today announced that, its Security
division, Rapiscan Systems, was selected as winner of the Best Long
Range Detection Product, Service or System in the Government Security
News (GSN) magazine’s 2014 Homeland Security Awards. Rapiscan was
selected as a winner in the Detection Products category for its
CounterBomber, a radar-based threat-detection solution. The
CounterBomber can identify concealed person-borne threats, such as
suicide vests and weapons, at stand-off distances.
OSI Systems CEO, Deepak Chopra, commented, “We are honored to have
received the GSN award recognizing the CounterBomber system, our
premier stand-off threat detection system that has been proven in the
Afghan and Iraq battlefields. The CounterBomber allows operators to
screen persons of interest at a safe distance. CounterBomber is an ideal
security solution for high profile locations such as government
buildings, transit systems, and military installations that can be
targets for terrorist attacks.”
The GSN
Homeland Security Awards commemorate the ongoing public-private
partnership between all branches of federal, state and local government
in the United States and the private sector vendors who provide the most
advanced solutions and technologies.
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.
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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 statements. 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
Annual Report on Form 10-K for the year ended June 30, 2014 and other
risks described in documents filed by the Company from time to time with
the Securities and Exchange Commission.
Copyright Business Wire 2014