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OSI Systems Receives $10 Million Order for Mobile Cargo and Vehicle Inspection Systems
HAWTHORNE, Calif.--(BUSINESS WIRE)-- OSI Systems, Inc. (the “Company” or “OSI Systems”) (NASDAQ: OSIS) today announced that its Security division was awarded
About this update from Osi Systems, Inc.
[{"type":"text","content":" HAWTHORNE, Calif.--(BUSINESS WIRE)--\nOSI Systems, Inc. (the “Company” or “OSI Systems”) (NASDAQ: OSIS) today announced that its Security division was awarded an order valued at approximately $10 million to provide multiple units of the Eagle® M60 mobile high-energy cargo and vehicle inspection system and the Z Backscatter® Van (ZBV®) cargo and vehicle inspection system, including follow on maintenance, training and support. These inspection systems are expected to be deployed for international security requirements.\n\n\nOSI Systems’ Chairman and CEO, Deepak Chopra, stated, “We are pleased to receive this award and look forward to supporting our valued customer’s efforts to further enhance border and infrastructure security.”\n\n\nAbout OSI Systems\n\n\nOSI 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. For more information on OSI Systems or any of its subsidiary companies, visit www.osi-systems.com. News Filter: OSIS-G\n\n\nForward-Looking Statements\n\n\nThis 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 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 no obligation to update any forward-looking statement made in this press release that becomes un...