OSI Systems Receives $59 Million Contract to Provide Security Inspection Systems to Hamad International Airport

HAWTHORNE, CA. – September 24, 2020 – OSI Systems, Inc. (the "Company" or "OSI Systems") (NASDAQ: OSIS) today announced that its Security division was awarded a contract from the Qatar Company for Airports Operation and Management (“MATAR”) for approximately $59 million to provide hold (or checked) baggage screening systems, trace detection systems, and related services for the Hamad International Airport (“HIA”) in Qatar. Under the terms of the award, the Company will supply its high-speed Rapiscan® RTT®110 for baggage screening along with its Itemizer® 4DX desktop trace detection system and has commenced deliveries. 

OSI Systems’ Chairman and CEO, Deepak Chopra, commented, "We are honored to be selected by MATAR for the supply of hold baggage and trace detection systems as part of the process to upgrade its security screening facilities ahead of the planned FIFA World Cup in 2022. We believe these systems will enhance overall passenger safety while helping to improve the flow of passengers at HIA.”

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 its subsidiary companies, visit www.osi-systems.com.

OSI Systems, Inc.
Ajay Vashishat
Vice President, Business Development
310-349-2237
avashishat@osi-systems.com

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