OSI Systems Receives $4 Million Order for Patient Monitoring Solutions
HAWTHORNE, Calif., June 20, 2018 (BUSINESS WIRE) -- OSI Systems, Inc. (the “Company” or “OSI Systems”) (NASDAQ: OSIS) today announced that its Healthcare division, Spacelabs Healthcare®, received an order for approximately $4 million to provide patient monitoring solutions and related accessories to a prominent U.S. hospital group. The Company expects to install in Fiscal 2019 its Xhibit® Central Stations, Qube®, Qube mini, and XTR Telemetry solutions for intensive care units (ICUs) at a new children’s hospital currently under construction. The Company did not disclose further details, citing end-user confidentiality obligations. “We look forward to providing this customer with our broad array of compatible patient monitoring solutions that are designed to facilitate the mobility of patients during a hospital stay,” stated 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
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