OSI Systems Receives $6 Million Order for Patient Monitoring Solutions

Hawthorne, Calif., January 9, 2019 (Business Wire) -- OSI Systems, Inc. (the “Company” or “OSI Systems”) (NASDAQ: OSIS) today announced that its Healthcare division, Spacelabs Healthcare®, received an order valued at approximately $6 million to provide patient monitoring solutions and related accessories to a U.S. based hospital. The Company expects to install its Xhibit® Central Stations with XTR Telemetry, Qube® and Qube® Mini patient monitoring products, and SafeNSound patient management software, that assists hospitals in providing value-based care, helping to ensure that patients are monitored effectively, streamlining workflows, and improving communications.

“We are pleased to receive this award and look forward to utilizing our multiple patient monitoring offerings to facilitate the delivery of high quality patient 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. News Filter: OSIS-G

Source: OSI Systems, Inc.

OSI Systems, Inc.

Ajay Vashishat

Vice President, Business Development

310-349-2237

avashishat@osi-systems.com

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