• Rapiscan Systems Classic Birdies for Charity Campaign Raises $1.6 million for Coastal Mississippi Charities

OSI Systems, Inc. (the “Company” or “OSI Systems”) (NASDAQ: OSIS) congratulates Steven Alker, the winner of the 2022 Rapiscan Classic. The PGA TOUR event was held April 1-3 in Biloxi, Mississippi and Steven Alker won with an 18 under score, a record for the event.

The Company’s Rapiscan Systems Classic Birdies for Charity also raised a total of $1.6 million for its 2022 campaign bringing the tournament’s philanthropic program total to approximately $4 million since 2018.

“The Rapiscan Systems Classic is a favorite of the coastal community and a great place for us to showcase our capabilities to our customers,” said OSI Systems’ Chairman and Chief Executive Officer, Deepak Chopra. “This year we again hosted our Accelerate Conference where trade and events partners engaged with industry leaders who support our efforts to share screening information across land, sea and air borders.”

Two of the Rapiscan Systems Classic players Padraig Harrington and Bernard Langer will participate at the Masters Tournament this week.

For more information, please visit the official tournament website, www.rapiscansystemsclassic.com.

Rapiscan Systems and S2 Global are subsidiaries of OSI Systems, Inc. Rapiscan is a leading global provider of security inspection solutions, equipment and services for aviation, ports, rail, customs and border protection, event security, critical infrastructure, public facilities, and law enforcement customers. S2 Global provides state-of-the-art, turnkey screening services that are designed and developed to suit these customers’ requirements. Along with a proprietary integration platform and world class training system, an S2 Global solution combines the best in technology and operations to achieve efficient screening programs.

About OSI Systems

OSI Systems 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. The Company combines more than 40 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 or its subsidiary companies, visit www.osi-systems.com. News Filter: OSIS-G

Forward-Looking Statements

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, and projections concerning matters that are not historical facts. Forward-looking statements are not guarantees of future performance and involve uncertainties, risks, assumptions, and contingencies, many of which are outside OSI Systems’ control and which may cause actual results to differ materially from those described in or implied by any forward-looking statements. Undue reliance should not be placed on forward-looking statements, which 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 OSI Systems’ most recently filed Annual Report on Form 10-K and other risks described therein and in documents subsequently 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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