OSI Systems Receives $6 Million Order for Service and Maintenance of Inspection Systems
March 27 2013 - 8:00AM
Business Wire
OSI Systems, Inc. (NASDAQ: OSIS) today announced that its
Security division, Rapiscan Systems, has received an order of
approximately $6 million for service and maintenance of Rapiscan
baggage inspection systems utilized at U.S. airports.
OSI Systems CEO, Deepak Chopra, stated, “We look forward to
servicing this key customer and supporting our widely installed
base at U.S. airports. Rapiscan is increasingly relied upon to
provide comprehensive service and on site support for its wide
range of inspection platforms.”
Rapiscan Systems operates a 24x7 global service and support team
that provides expert support to customers, from pre-installation
operations analysis, to operator training, to installation and
on-going maintenance.
About OSI Systems, Inc.
OSI Systems, Inc. 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. 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. News Filter:
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This press release contains forward-looking statements within
the meaning of the Private Securities Litigation Reform Act of
1995, Section 27A of the Securities Act of 1933, as amended, and
Section 21E of the Securities Exchange Act of 1934, as amended.
Forward-looking statements relate to the Company’s current
expectations, beliefs, projections and similar expressions
concerning matters that are not historical facts and are not
guarantees of future performance. Forward-looking statements
involve uncertainties, risks, assumptions and contingencies, many
of which are outside the Company’s control, that may cause actual
results to differ materially from those described in or implied by
any forward-looking statement. All forward-looking statements are
based on currently available information and speak only as of the
date on which they are made. The Company assumes no obligation to
update any forward-looking statement made in this press release
that becomes untrue because of subsequent events, new information
or otherwise, except to the extent it is required to do so in
connection with its ongoing requirements under Federal securities
laws. For a further discussion of these and other factors that
could cause the Company’s future results to differ materially from
any forward-looking statements, see the section entitled “Risk
Factors” in the Company’s Annual Report on Form 10-K for the year
ended June 30, 2012 and other risks described in documents
subsequently filed by the Company from time to time with the
Securities and Exchange Commission.
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