OSI Systems Receives $5 Million Order for Patient Monitoring Solutions
Hawthorne, Calif.-- (Business Wire) -- Jan. 15, 2019 -- OSI Systems, Inc. (the “Company” or “OSI Systems”) (NASDAQ: OSIS) today announced that its Healthcare division, Spacelabs Healthcare®, received an order valued at approximately $5 million to provide patient monitoring solutions to a U.S. hospital. The Company’s patient monitoring solutions are expected to be implemented in the hospital’s intensive care units (ICUs), including its adult, pediatric and neonatal ICUs, and emergency room operations.
“We are excited to receive this order and look forward to supporting this hospital’s critical care units with our advanced technology patient monitoring systems and accessories,” 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.
Source: OSI Systems, Inc.
OSI Systems, Inc.
Ajay Vashishat
Vice President, Business Development
310-349-2237
