OSI Systems (NASDAQ:OSIS)
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OSI Systems, Inc. (Nasdaq:OSIS), a vertically-integrated provider of
specialized electronic products for critical applications in the
security and healthcare industries, announced today that its Security
division, Rapiscan Systems, has received ‘approval
for use’ from the United Kingdom’s
Department for Transport (DfT) for its Rapiscan 620DV (Dual View)
Advanced Technology Baggage and Parcel X-ray system –
one of only two checkpoint solutions worldwide to have achieved this
status.
The Rapiscan 620DV system is a checkpoint screening solution designed
specifically to detect aviation-based threats while improving checkpoint
operations. The system represents one of the most advanced checkpoint
inspection systems in the world with multiple views and dual energy
X-ray sources for material discrimination. With these varying angles,
screeners can more readily identify potential threat objects –
leading to increased throughput, fewer delays and less hassle during the
passenger screening process.
Rapiscan Systems President, Ajay Mehra, stated, “The
DfT is recognized as one of the world’s
leading regulatory agencies, so we are particularly pleased that it has
approved the Rapiscan 620DV for use at aviation checkpoints in the
United Kingdom. We believe that the Rapiscan 620DV offers an unsurpassed
combination of threat detection and lower total cost of ownership, while
at the same time meeting one of the world’s
most stringent regulatory standards.”
About OSI Systems, Inc.
OSI Systems, Inc. and its subsidiaries is a vertically integrated
designer and manufacturer of specialized electronic systems and
components for critical applications. The Company sells its products in
diversified markets, including homeland security, healthcare, defense
and aerospace. 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.
News Filter: OSIS-G
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, including, the
company’s contract with the Department for
Transport. The actual results may differ materially from those
described in or implied by any forward-looking statement. In particular,
the timing, and delivery of 620DV inspection systems may not ultimately
remain in line with the company’s current
expectations. Other important factors are set forth in the
Securities and Exchange Commission filings OSI Systems, Inc. All
forward-looking statements speak only as of the date made, and the
company undertakes no obligation to update these forward-looking
statements.