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OSI Systems Receives $20 Million Order for RTT® Hold Baggage Screening Systems
HAWTHORNE, Calif.--(BUSINESS WIRE)-- OSI Systems, Inc. (the “Company” or “OSI Systems”) (NASDAQ: OSIS) today announced that its Security division received an
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 received an order for approximately $20 million from ANA Aeroportos de Portugal to provide multiple units of its RTT® 110 (Real Time Tomography) explosive detection system. The units are expected to be installed at various airports throughout Portugal to screen passengers’ hold (checked) baggage, and the Company has been engaged to provide ongoing maintenance, service, and support for these installations.\n\nOSI Systems’ Chairman and CEO, Deepak Chopra, commented, \"We are excited to support this customer with our leading CT checked baggage screening solution that is widely deployed at major international airports. As airports continue to upgrade and expand their infrastructure to meet the latest screening standards, improve baggage throughput and air passenger safety, we continue to invest in innovative solutions and technology to meet the evolving needs of the aviation industry.\"\n\nThe RTT® employs a proprietary stationary gantry approach to provide high resolution 3-D imaging, and its unique design allows the efficient inspection of hold baggage and air cargo while maintaining the capability to meet recent threat detection standards. RTT® 110 has met the European Civil Aviation Conference's (ECAC) HBS EDS Standard 3 threat detection requirements and has been deployed by numerous airports and air logistics providers.\n\nAbout OSI Systems\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\nForward-Looking Statements\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 amende...