OSI Systems Receives $1.6 Million Contract for Patient Monitoring Solutions

HAWTHORNE, Calif. - 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 contract valued at approximately $1.6 million from a leading New Jersey based hospital system. The award-winning medical center will install Spacelabs patient monitoring & connectivity solutions across dual campuses and satellite facilities.

Deepak Chopra, OSI Systems CEO remarked, "We are honored that this prestigious healthcare organization has chosen Spacelabs' patient monitoring solutions, a system that is efficient and enables virtual access to vital patient information - over multiple campuses - utilizing just one central database."

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.

SOURCE: OSI Systems, Inc.

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