OSI Systems (NASDAQ:OSIS)
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Spacelabs Medical, a division of OSI Systems, Inc.,
(Nasdaq:OSIS), today announced it has received a contract for
approximately $6.3 million from the University of Missouri Hospitals &
Clinics, Missouri Rehabilitation Center and the Columbia Regional
Hospital for advanced patient monitoring and telemetry systems. The
new enterprise-wide patient monitoring and telemetry systems will
enable clinicians to have instant access to complete, real-time
patient and medical data from anywhere in the university healthcare
system. The majority of the systems are expected to be delivered by
the end of the fourth quarter of fiscal 2005.
Spacelabs patient monitoring systems will be installed in
operating rooms and post-acute intensive care units, as well as in
intensive care units for pediatric, adolescent, cardiac, post-surgical
and burn patients and in telemetry areas for cardiovascular
monitoring. The new monitoring system will support rapid, informed
decision-making by providing physicians, nurses and other healthcare
staff with secure access to patients' vital signs, orders, medication
charting, medical records, laboratory reports, test results and other
records right at bedside or via the Internet.
Joe Davin, President, Global Sales and Marketing for Spacelabs,
said, "It is a great privilege to partner with the University of
Missouri Health Care System, one of the Midwest's leading centers for
teaching, research and patient care. We are pleased that Spacelabs can
meet their needs for connectivity and fast, flexible access to patient
information, giving their clinicians the rare gift of more time for
patient care."
About Spacelabs Medical
Spacelabs Medical (www.spacelabs.com), based in Issaquah, Wash.,
U.S., is a global manufacturer and distributor of patient monitoring
systems for critical care and anesthesia, wired and wireless networks
and clinical information connectivity solutions, ambulatory blood
pressure (ABP) monitors and medical data services. It has an installed
base of approximately 100,000 patient monitoring units worldwide,
including around 60,000 in the U.S. and around 10,000 units in Europe.
In addition, there are approximately 30,000 Spacelabs ABP monitors
installed on a worldwide basis. Spacelabs has distribution
partnerships in approximately 80 countries and sales or regional
offices worldwide. Spacelabs employs approximately 800 employees
worldwide. Spacelabs Medical is an OSI Systems Company,
www.osi-systems.com.
About OSI Systems, Inc.
OSI Systems, Inc. is a Hawthorne, Calif.-based diversified global
developer, manufacturer and seller of security and inspection systems,
medical monitoring and anesthesia delivery products, and
optoelectronic-based components, as well as a provider of engineering
and manufacturing services. 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, please 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 our expectations, goals or
intentions about the future, including, but not limited to delivery
times or revenues associated with any particular order. Other
important factors are set forth in our Securities and Exchange
Commission filings. All forward-looking statements speak only as of
the date made, and we undertake no obligation to update these
forward-looking statements.