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OSI Systems Selected as Security Systems Provider

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Post# of 301275
(Total Views: 98)
Posted On: 03/23/2017 9:00:26 AM
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Posted By: News Desk 2018
OSI Systems Selected as Security Systems Provider for the 2018 Gold Coast Commonwealth Games

HAWTHORNE, Calif., March 23, 2017 (GLOBE NEWSWIRE) -- OSI Systems, Inc . (NASDAQ: OSIS ) today announced that its Security division has been selected to provide screening systems for the Gold Coast 2018 Commonwealth Games which will be held in Queensland, Australia. The Company will provide several products for checkpoint security including its Rapiscan® 600 Series Baggage and Parcel Inspection systems, Metor® Metal Detectors and Detectra® Explosives Trace Detection systems to help secure numerous entry points at the Games. 

OSI Systems CEO, Deepak Chopra, commented, "We are proud to be chosen for this prestigious international sporting event to help ensure the safety of athletes and spectators. Our total security solutions and unparalleled event security experience are an ideal fit for securing multi-day competitions at large venues."

About OSI Systems, Inc.                                                          

OSI Systems, Inc. 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. We combine more than 30 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 Inc. or any of its subsidiary companies, visit www.osi-systems.com . News Filter: OSIS-G

Safe Harbor Statement:

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, projections and similar expressions concerning matters that are not historical facts and are not guarantees of future performance. Forward-looking statements involve uncertainties, risks, assumptions and contingencies, many of which are outside OSI Systems’ control that may cause actual results to differ materially from those described in or implied by any forward-looking statements. All forward-looking statements 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 the OSI Systems’ Annual Report on Form 10-K for the year ended June 30, 2016 and other risks described in documents filed by OSI Systems from time to time with the Securities and Exchange Commission.

OSI Systems Inc. Ajay Vashishat Vice President, Business Development 310-349-2237 avashishat@osi-systems.com



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