OSI Systems (OSIS) Receives $4 Million Award for Patient Monitoring Systems

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Summary

OSI Systems, Inc. (the \xe2\x80\x9cCompany\xe2\x80\x9d or \xe2\x80\x9cOSI Systems\xe2\x80\x9d) (NASDAQ: OSIS) today announced that its Healthcare division, Spacelabs Healthcare\xc2\xae, has received an order valued at approximately $4 million to provide patient monitoring solutions and related accessories to a U.S. based hospital. The Company expects to install its Xhibit\xc2\xae Central Stations with XTR Telemetry, and Qube\xc2\xae bedside patient monitors.Deepak Chopra, OSI Systems CEO, commented, \xe2\x80\x9cWe are glad to team up with this hospital and are ready to deploy our advanced patient monitoring solutions to support thorough patient care.\xe2\x80\x9d

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