New Jersey Hospital Awards $3M Contract to OSI Systems for Patient Monitoring & Connectivity Solutions

HAWTHORNE, Calif. - OSI Systems, Inc. (NASDAQ:OSIS), a vertically-integrated provider of specialized electronic products for critical applications in the Security and Healthcare industries, today announced that its Healthcare division, Spacelabs Healthcare, has been awarded a contract for approximately $3 million by a prominent New Jersey health system. The hospital is expected to install Spacelabs Healthcare's new XPREZZON(TM) patient monitors and Ultraview(TM) SL patient monitors throughout their care facility. Spacelabs' acclaimed ICS G2 clinical tools provide hospital clinicians with anytime/anywhere access to patient information.

"Beyond patient monitoring, Spacelabs Healthcare delivers connectivity," said Deepak Chopra, OSI Systems CEO. "By design, the newly launched XPREZZON(TM) is compatible with Spacelabs' established Ultraview(TM) SL family, as well as ICS G2 clinical tools. Whether ensuring compatibility between product platforms or enabling easy access to patient info, Spacelabs' expertise in connectivity is recognized by hospitals and sets us apart."

About OSI Systems, Inc.

OSI Systems, Inc. is a vertically integrated designer and manufacturer of specialized electronic system and components for critical applications in the homeland security, healthcare, defense and aerospace industries. We combine more than 30 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 Inc. or any of its subsidiary companies, visit

OSI Systems, Inc.

Ajay Vashishat

Vice President, Business Development


Source: OSI Systems, Inc.

OSI Systems, Inc.

12525 Chadron Avenue , Hawthorne, CA 90250

All Topics