OSI Systems, Inc. (NASDAQ:OSIS), today announced that its Healthcare
division, Spacelabs Healthcare, has been awarded an approximate $2.3
million order from a prominent U.S. hospital to provide the Company’s
Xhibit central stations, the new XTR telemetry system and related
accessories.
“We are pleased that this customer selected our recently introduced
telemetry system, XTR and Xhibit central station platform for use
throughout their Intensive Care Units. Spacelabs provides hospitals an
opportunity to easily upgrade to new products that utilize an open
architecture and common hardware thereby simplifying integration and
maintenance,” 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.
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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.
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