OSI Systems Receives $10 Million in Orders for Patient Monitoring Systems and Accessories

HAWTHORNE, Calif.--(BUSINESS WIRE)--Jul. 24, 2019-- OSI Systems, Inc. (the “Company” or “OSI Systems”) (NASDAQ: OSIS) today announced that its Healthcare division, Spacelabs® Healthcare (“Spacelabs”), received orders valued at approximately $10 million to provide patient monitoring solutions and related accessories to a U.S. hospital. Spacelabs will provide central stations, high-acuity bedside and transport monitors, as well as ambulatory patient monitors and related telemetry solutions.

“We are pleased to receive these orders and look forward to broadening our offering to this customer with our advanced patient monitoring technology and telemetry solutions,” commented Deepak Chopra, OSI Systems’ Chairman and CEO.

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 any of its subsidiary companies, visit www.osi-systems.com. News Filter: OSIS-G

OSI Systems, Inc. 

Ajay Vashishat 

Vice President, Business Development 
310-349-2237 
avashishat@osi-systems.com

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