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HAWTHORNE, CA--(BUSINESS WIRE)-- OSI Systems, Inc. (NASDAQ: OSIS), a vertically-integrated provider of specialized electronics and services, today announced that its Security division, Rapiscan Systems, has received orders totaling approximately $7 million for the service and maintenance of several Rapiscan inspection platforms, including Baggage and Parcel Inspection systems and Cargo and Vehicle Inspection systems. All orders are in support of U.S. Government security and defense programs.
OSI Systems President and CEO, Deepak Chopra commented: "These wins recognize our capabilities to provide full life cycle service and support to our customers, many of whom utilize our products in very harsh environments. Rapiscan's global service network can provide a range of service options for depot or field maintenance of our broad screening system portfolio."
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: OSIS-G
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Such statements include information regarding the company's expectations, goals or intentions about the future, including the Company's contracts to provide solutions to the Security industry. The actual results may differ materially from those described in or implied by any forward-looking statement.
OSI Systems Inc
Vice President, Business Development
Source: OSI Systems, Inc.