Healthcare Industry News: Spacelabs Healthcare
News Release - June 27, 2011
New Jersey Hospital Awards $3M Contract to OSI Systems for Patient Monitoring & Connectivity Solutions
HAWTHORNE, Calif.--(Healthcare Sales & Marketing Network)-- 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 its Healthcare division, Spacelabs Healthcare, has been awarded a contract for approximately $3 million by a prominent New Jersey health system. The hospital is expected to install Spacelabs Healthcare’s new XPREZZONTM patient monitors and UltraviewTM SL patient monitors throughout their care facility. Spacelabs’ acclaimed ICS G2 clinical tools provide hospital clinicians with anytime/anywhere access to patient information.“Beyond patient monitoring, Spacelabs Healthcare delivers connectivity,” said Deepak Chopra, OSI Systems CEO. “By design, the newly launched XPREZZONTM is compatible with Spacelabs’ established UltraviewTM SL family, as well as ICS G2 clinical tools. Whether ensuring compatibility between product platforms or enabling easy access to patient info, Spacelabs’ expertise in connectivity is recognized by hospitals and sets us apart.”
About OSI Systems, Inc.
OSI Systems, Inc. is a vertically integrated designer and manufacturer of specialized electronic system 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: 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 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.
Source: OSI Systems
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