OSI Systems Receives Follow-on Contract from Major U.S. Regional Hospital for Approximately $2 Million
29 September 2009 - 10:00PM
Business Wire
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
received a follow-on contract for a broad range of patient
monitoring products from a major U.S. regional hospital totaling
approximately $2 million. The systems are to be installed
throughout the hospital including the critical care, preoperative,
OR and outpatient surgery areas to provide comprehensive monitoring
of patients throughout the care cycle.
OSI Systems CEO Deepak Chopra stated, “We are excited to
announce this significant contract award within the U.S. market.
The award highlights our broad product offering encompassing
portable, bed-side and central patient monitors. Our comprehensive
monitoring solution allows patient data to be monitored and
collected in a variety of critical care environments while
providing clinicians with better and more accessible information in
order to facilitate informed clinical decisions.”
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 contract to deliver a broad range of
monitoring solutions. The actual results may differ materially from
those described in or implied by any forward-looking statement. In
particular, the timing, and delivery of the inspection systems may
not ultimately remain in line with the company’s current
expectations. Other important factors are set forth in the
Securities and Exchange Commission filings OSI Systems, Inc. All
forward-looking statements speak only as of the date made, and the
company undertakes no obligation to update these forward-looking
statements.
OSI Systems (NASDAQ:OSIS)
Historical Stock Chart
From Jun 2024 to Jul 2024
OSI Systems (NASDAQ:OSIS)
Historical Stock Chart
From Jul 2023 to Jul 2024