OSI Systems Awarded $4 Million Contract to Provide Explosives and Narcotics Trace Detection Systems
HAWTHORNE, CA. – March 18, 2019 – OSI Systems, Inc. (the “Company” or “OSI Systems”) (NASDAQ: OSIS) today announced that its Security division was awarded a contract valued at approximately $4 million by an international airport to provide multiple units of its Itemiser® 4DX explosives and narcotics detection system and follow-on service and spare parts support.
OSI Systems’ Chairman and CEO, Deepak Chopra, stated, “We are pleased that this prominent customer selected the Itemiser 4DX trace detection system to enhance its checkpoint security at one of the busiest airports in the world.”
The Itemiser® 4DX can detect a broad range of current market threat explosives and narcotics without the use of a radioactive source, thereby potentially eliminating shipping restrictions and related licensing requirements. The portable, ergonomic desktop unit features automated internal calibration to help decrease consumable cost and optimize ongoing equipment operation.
About OSI Systems
OSI Systems 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. The Company combines more than 40 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 or its subsidiary companies, visit www.osi-systems.com.
OSI Systems, Inc.
Ajay Vashishat
Vice President, Business Development
310-349-2237
avashishat@osi-systems.com
