OSI Systems Awarded $5 Million Contract for Patient Monitoring & Connectivity Solutions

HAWTHORNE, Calif.- OSI Systems, Inc. (NASDAQ:OSIS) today announced that its Healthcare division, Spacelabs Healthcare, has been awarded an approximate $5 million contract to provide patient monitoring and connectivity solutions to a prominent hospital group in the Southeast U.S. region.   XPREZZON™ patient monitors, as well as the company’s ICS G2 enterprise connectivity solutions are expected to be implemented throughout the hospitals’ critical care units.

“We are pleased that Spacelabs’ patient monitoring solutions which feature an open architecture allowing easy deployment and remote secure access to critical patient data were again selected by a major hospital group.” commented Deepak Chopra, OSI Systems CEO.

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 www.osi-systems.com.

SOURCE: OSI Systems, Inc.

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

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