Spacelabs receives $4 million order for patient monitoring solutions

HAWTHORNE, Calif., September 28, 2017 — OSI Systems, Inc. (the “Company” or “OSI Systems”) (NASDAQ: OSIS) today announced that its Healthcare division, Spacelabs Healthcare, Inc., received an order valued at approximately $4 million to provide patient monitoring solutions and related accessories to a prominent U.S. hospital in the Southeast. The Company expects to install its Xhibit® Central Stations with XTR Telemetry, Xprezzon®, Qube® and Qube® Mini patient monitoring products.

“We are excited to provide this customer with our broad array of compatible patient monitoring solutions that are designed to deliver critical patient data throughout the hospital while facilitating the mobility of patients during their stay,” commented Deepak Chopra, OSI Systems’ Chairman and CEO.