OSI Systems Awarded Contract from Premier, Inc.
23 January 2015 - 12:00AM
Business Wire
OSI Systems, Inc. (NASDAQ: OSIS) today announced that its
Healthcare Division, Spacelabs Healthcare, has been awarded a group
purchasing contract to provide patient monitoring systems to
Premier, Inc., a leading healthcare improvement company with one of
the largest group purchasing organizations (GPO’s) in the United
States. Effective March 1, 2015, the new agreement makes Spacelabs’
line of patient monitors and connectivity solutions available to
Premier members under the physiological monitoring systems
category.
Deepak Chopra, OSI Systems CEO, commented, “We are pleased to
partner with Premier and look forward to offering its members our
latest patient monitoring and connectivity solutions to enable the
delivery of high-quality care.”
About Premier, Inc.
Premier, Inc. is a leading healthcare improvement company,
uniting an alliance of approximately 3,400 U.S. hospitals and
110,000 other providers to transform healthcare. With integrated
data and analytics, collaboratives, supply chain solutions, and
advisory and other services, Premier enables better care and
outcomes at a lower cost. Premier, a Malcolm Baldrige National
Quality Award recipient, plays a critical role in the rapidly
evolving healthcare industry, collaborating with members to
co-develop long-term innovations that reinvent and improve the way
care is delivered to patients nationwide. Headquartered in
Charlotte, N.C., Premier is passionate about transforming American
healthcare. Please visit Premier’s news and investor sites
on www.premierinc.com; as well as Twitter, Facebook,
LinkedIn, YouTube, Instagram, Foursquare and Premier’s blog for
more information about the company.
About OSI Systems, Inc.
OSI Systems, Inc. is a vertically integrated designer and
manufacturer of specialized electronic system 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 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 statements. 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, 2014 and other risks described in documents filed by
the Company from time to time with the Securities and Exchange
Commission.
OSI Systems, Inc.Ajay Vashishat, 310-349-2237Vice President,
Business Developmentavashishat@osi-systems.com
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