HAWTHORNE, Calif.--(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 its Healthcare
division, Spacelabs Healthcare, has been awarded a three-year contract
to provide its complete line of patient monitoring solutions to VHA Inc,
University HealthSystem Consortium (UHC) and Provista members served by
Novation, a leading healthcare Group Purchasing Organization (GPO). VHA
Inc., UHC, and their jointly owned subsidiary, Provista, represent
approximately 5,500 members, who use the GPO's contracts to procure
nearly $40 billion annually.
Deepak Chopra, OSI Systems CEO, commented, "We are excited about the
contract award from Novation and look forward to offering our latest
solutions for patient monitoring and connectivity to its members. Our
recently released products such as the XPREZZON patient monitoring
system and the ICS XPREZZ solution for mobile connectivity are designed
to help healthcare providers improve response time, advance patient
care, and enhance patient safety."
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.
OSI Systems, Inc
Ajay Vashishat
Vice President,
Business Development
310-349-2237
avashishat@osi-systems.com
Source: OSI Systems, Inc.
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