OSI Systems Receives $22 Million Order to Provide Services for Border Inspection Systems

OSI Systems, Inc. (the “Company” or “OSI Systems”) announced that its Security division has received an order valued at approximately $22 million to provide comprehensive service, maintenance, and spare parts support for various Rapiscan cargo and vehicle inspection (CVI) systems deployed internationally.

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“We are pleased to provide service and support on our existing cargo inspection systems in the field and look forward to supporting this customer’s continuing mission to secure borders”

“We are pleased to provide service and support on our existing cargo inspection systems in the field and look forward to supporting this customer’s continuing mission to secure borders,” said Deepak Chopra, OSI Systems’ Chairman and CEO.

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OSI Systems 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. The Company combines more than 40 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.

OSI Systems’ current expectations, beliefs, and projections concerning matters that are not historical facts. Forward-looking statements are not guarantees of future performance and involve uncertainties, risks, assumptions, and contingencies, many of which are outside OSI Systems’ control and which may cause actual results to differ materially from those described in or implied by any forward-looking statements. Undue reliance should not be placed on forward-looking statements, which are based on currently available information and speak only as of the date on which they are made. OSI Systems assumes n************ 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.

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