OSI Systems Announces Receipt of Approximate $2.2 Million Contract from Delhi Metro Rail Company for Baggage X-Ray Scanning S...
20 November 2009 - 12:00AM
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 Security division, Rapiscan Systems, has been
awarded a contract by the Delhi Metro Rail Corporation, the mass
transit system set up by the Government of India and the Government
of the National Capital Territory of Delhi, valued at approximately
$2.2 million to provide advanced security screening systems for the
inspection of passengers' baggage.
Under the terms of the contract, the Delhi Metro Rail
Corporation has purchased multiple Rapiscan Systems 600 series
checkpoint X-ray baggage scanners to deploy in underground metro
corridor and surface rail corridor stations throughout Delhi. The
procurement is part of a multi-phase effort by the Delhi Metro Rail
Corporation to upgrade its security screening processes as its
transit network expands, and was awarded following a competitive
tender.
OSI Systems CEO, Deepak Chopra, stated, “We are pleased that the
Delhi Metro Rail Corporation has chosen Rapiscan Systems technology
to help it improve security for the traveling public. The Rapiscan
600 series combination of outstanding detection performance,
reliability and throughput makes it an excellent solution for mass
transit security applications worldwide. This award demonstrates
our commitment to the Indian market and we look forward to
continued growth in the region.”
The Rapiscan Systems 600 series is one of the world’s most
widely deployed high performance X-ray scanning systems and is used
for aviation, mass transit, event security and other mission
critical security applications. Its large tunnel dimensions allow
it to efficiently scan the bags of passengers travelling by train.
It is capable of quickly distinguishing organic and inorganic
threats. As with all systems in Rapiscan’s 600 series, the systems
are built on a standardised platform which makes it easy to install
and maintain, and it benefits from features such as dual-energy
detection, advanced image archiving, Rapiscan’s user-friendly
software and a streamlined and ergonomic design.
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.
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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 its baggage and
parcel inspection systems. 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 cargo
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.
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