OSI Systems (NASDAQ:OSIS)
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OSI Systems, Inc. (Nasdaq:OSIS), today announced that
its Audit Committee had appointed Moss Adams LLP to be the company's
independent registered public accountants, effective April 20, 2006.
OSI's Chairman and CEO, Mr. Deepak Chopra, stated, "We would like
to welcome Moss Adams as our independent accountants. The appointment
of Moss Adams was decided upon after our Audit Committee carefully
evaluated all submitted proposals, including that of a 'big four'
firm. Moss Adams fills our need for a quality audit firm with a track
record of exemplary service on reasonable terms. The Committee also
considered the fact that Moss Adams is headquartered on the West
Coast, making them a perfect geographic fit, while still being able to
provide the service we require worldwide through their strong
international relationships. We're extremely pleased with the
appointment."
About OSI Systems, Inc.
OSI Systems Inc. is a Hawthorne, California based diversified
global developer, manufacturer and seller of security and inspection
systems, medical monitoring and anesthesia products, and
optoelectronic devices and value-added subsystems. The company has
more than 30 years of experience in electronics engineering and
manufacturing and maintains offices and production facilities located
in more than a dozen countries. OSI Systems implements a strategy of
expansion by leveraging its electronics and contract manufacturing
capabilities into selective end product markets through organic growth
and acquisitions. For more information on OSI Systems Inc. or any of
its subsidiary companies, visit www.osi-systems.com.
This press release contains forward-looking statements within the
meaning of Section 27A of the Securities Act of 1933, as amended, and
Section 21E of the Securities Exchange Act of 1934, as amended. Such
statements include information regarding the company's expectations,
goals or intentions about the future. The actual results may differ
materially from those described in or implied by any forward-looking
statement. Other important factors are set forth in the Securities and
Exchange Commission filings of OSI Systems, Inc. All forward-looking
statements speak only as of the date made, and we undertake no
obligation to update these forward-looking statements.