OSI Systems Receives $4 Million Order for Patient Monitoring and Diagnostic Cardiology Solutions

The Company will provide Xhibit Central Stations with XTR Telemetry, Qube Patient Monitors, Spacelabs SafeNSoundTM patient management software, and Xprezzon Central Stations including the Sentinel Cardiology Information Management System.

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Business Wire, Inc.Business Wire, Inc.
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Monday, February 22, 2021
Information
Tags: 
Aerospace, Manufacturing, Defense, Other Defense, Engineering, Spacelabs Healthcare, Health, Medicine, OSI Systems, Telemetry, Monitoring, OSI, Objective Systems Integrators, Patient management software
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United States, California
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OSI SYSTEMS
Summary
Key Points: 
  • The Company will provide Xhibit Central Stations with XTR Telemetry, Qube Patient Monitors, Spacelabs SafeNSoundTM patient management software, and Xprezzon Central Stations including the Sentinel Cardiology Information Management System.
  • We are pleased to receive this order and proud to provide our advanced patient monitoring and diagnostic cardiology products to this prominent medical center, commented Deepak Chopra, OSI Systems Chairman and CEO.
  • 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.
  • Forward-looking statements relate to OSI Systems current expectations, beliefs, and projections concerning matters that are not historical facts.


OSI Systems, Inc. (the “Company” or “OSI Systems”) (NASDAQ: OSIS) today announced that its Healthcare division, Spacelabs Healthcare®, received an order valued at approximately $4 million to provide a suite of healthcare products and related accessories to a U.S. based hospital. The Company will provide Xhibit® Central Stations with XTR Telemetry, Qube® Patient Monitors, Spacelabs SafeNSoundTM patient management software, and Xprezzon® Central Stations including the Sentinel® Cardiology Information Management System.

“We are pleased to receive this order and proud to provide our advanced patient monitoring and diagnostic cardiology products to this prominent medical center,” commented Deepak Chopra, OSI Systems’ Chairman and CEO.

About OSI Systems

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. For more information on OSI Systems or any of its subsidiary companies, visit www.osi-systems.com. News Filter: OSIS-G

Forward-Looking Statements

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 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 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 factors that could cause OSI Systems’ future results to differ materially from any forward-looking statements, see the section entitled "Risk Factors" in OSI Systems’ most recently filed Annual Report on Form 10-K and other risks described therein and in documents subsequently filed by OSI Systems from time to time with the Securities and Exchange Commission.

SOURCE: OSI Systems, Inc.

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