OSI Systems Receives $6 Million Award for Patient Monitoring Solutions

Hawthorne, Calif.--(Business Wire)--Mar. 16, 2021-- OSI Systems, Inc. (the “Company” or “OSI Systems”) (NASDAQ: OSIS) today announced that its Healthcare division, Spacelabs Healthcare®, received orders valued at approximately $6 million from a U.S. hospital to provide patient monitoring solutions and related accessories. These products are expected to be installed in several critical care areas, including operating rooms and intensive care units for post anesthesia, neonatal, and pediatrics.

“We are pleased to work with this customer and look forward to delivering our advanced patient monitoring solutions to help provide comprehensive care,” 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.

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

Source: OSI Systems, Inc.

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