OSI Systems Receives $3 Million Order for Patient Monitoring Equipment

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 the Spacelabs Healthcare division has received an order for approximately $3 million from Swedish Medical Center to provide advanced patient monitoring solutions, which will be utilized at the non-profit health system's new hospital in Issaquah, WA.

"Swedish and Spacelabs have come together on the delivery of healthcare in the Seattle area and beyond. We are committed to improving the way care is delivered and our partnership supports this goal. I congratulate Spacelabs on their technology, which is designed to meet the dynamic challenges of healthcare," said Cal Knight, President and COO of Swedish.

Deepak Chopra, President and CEO of OSI Systems, stated, "We are excited about this effort with Swedish. OSI has a broad array of patient monitoring solutions that can be well matched to the unique needs of each hospital."

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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