OSI Systems Receives $10 Million Order for RTT® Hold Baggage Screening Systems

HAWTHORNE, Calif.--(BUSINESS WIRE)--Apr. 8, 2019-- OSI Systems, Inc. (the “Company” or “OSI Systems”) (NASDAQ: OSIS) today announced that its Security division received a follow-on order for approximately $10 million to provide additional units of its RTT® 110 (Real Time Tomography) explosive detection system, related maintenance, and spares support. These systems are expected to be installed at a prominent international airport in Europe.

OSI Systems’ Chairman and CEO, Deepak Chopra, commented, "We are excited to continue supporting this customer’s upgrade of its checked baggage screening systems to ECAC’s latest aviation threat detection standards."

The RTT employs a proprietary solid-state approach to provide high-resolution 3-D imaging, and its unique design allows the efficient inspection of hold baggage and air cargo. RTT has passed the European Civil Aviation Conference's (ECAC) HBS EDS Standard 3 threat detection requirement and has been deployed by numerous airports and air logistics providers.

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

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