OSI Systems Receives $3 Million Order for Patient Monitoring Equipment
December 21 2010 - 8:00AM
Business Wire
OSI Systems, Inc. (NASDAQ: OSIS), a vertically integrated
provider of specialized electronic products for critical
applications in the Security and Healthcare industries, today
announced that the Spacelabs Healthcare division has received an
order for approximately $3 million from Swedish Medical Center to
provide advanced patient monitoring solutions, which will be
utilized at the non-profit health system’s new hospital in
Issaquah, WA.
“Swedish and Spacelabs have come together on the delivery of
healthcare in the Seattle area and beyond. We are committed to
improving the way care is delivered and our partnership supports
this goal. I congratulate Spacelabs on their technology, which is
designed to meet the dynamic challenges of healthcare,” said Cal
Knight, President and COO of Swedish.
Deepak Chopra, President and CEO of OSI Systems, stated, “We are
excited about this effort with Swedish. OSI has a broad array of
patient monitoring solutions that can be well matched to the unique
needs of each hospital.”
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:
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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 contracts to deliver a broad range of
solutions to customers in the healthcare industry. The actual
results may differ materially from those described in or implied by
any forward-looking statement.
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