OSI Systems Receives $14 Million Award for Cargo and Vehicle Inspection Systems

HAWTHORNE, CA. – December 21, 2017 – OSI Systems, Inc. (the “Company” or “OSI Systems”) (NASDAQ: OSIS) today announced that its Security division, through an international competitive tender, was awarded a contract for approximately $14 million from a Pacific Rim region based customer to provide multiple units of its Rapiscan Eagle® M60 mobile high energy X-ray cargo and vehicle inspection system and follow on life cycle maintenance and support.

OSI Systems’ Chairman and CEO, Deepak Chopra, commented, “We are excited to serve this new customer and provide our advanced mobile cargo and vehicle inspection system. The embedded technology in our product enables a high level of threat detection, while its mobility allows for rapid deployment.”

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.


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