OSI Systems Receives $7 Million Order for Medical Technology Components
HAWTHORNE, Calif.–OSI Systems, Inc. (NASDAQ: OSIS) has announced that its Optoelectronics and Manufacturing division has secured an order worth approximately $7 million. The order is to supply crucial components to a prominent healthcare innovator specializing in patient diagnostic and care applications.
Ajay Mehra, President and Chief Executive Officer of OSI Systems, expressed enthusiasm about capturing this order from a long-term customer. “We are thrilled to capture this order from this long-term customer and look forward to supporting their leading medical solutions,” Mehra stated.
About OSI Systems
OSI Systems is a vertically integrated designer and manufacturer of specialized electronic systems and components for critical applications across various industries, including homeland security, healthcare, defense, and aerospace. With over 40 years of experience in electronics engineering and manufacturing, the company has established offices and production facilities in more than a dozen countries. This extensive background enables OSI Systems to implement a strategy of expansion into selective end product markets effectively.
For more information on OSI Systems or its subsidiary companies, visit www.osi-systems.com.
Forward-Looking Statements
This press release contains forward-looking statements as defined by the Private Securities Litigation Reform Act of 1995. These statements reflect OSI Systems’ current expectations, beliefs, and projections about future events. Forward-looking statements involve uncertainties and risks, and actual results may differ materially from those described or implied. Readers are cautioned not to place undue reliance on these forward-looking statements, which are based on information available at the time of writing and are subject to change without notice, except as required by federal securities laws.
For a detailed discussion of factors that could cause actual results to differ from forward-looking statements, refer to the “Risk Factors” section in OSI Systems’ most recent Annual Report on Form 10-K and subsequent SEC filings.
