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| [April 23, 2012] |
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OSI Systems' RTT® Ultra-High Speed Hold Baggage Scanner Sets New Bar for Aviation Screening Technology with EU Security Certification
HAWTHORNE, Calif. --(Business Wire)--
OSI
Systems, Inc. (NASDAQ: OSIS), a vertically-integrated provider of
specialized electronics and services, today announced that the Rapiscan
RTT® (Real Time Tomography) hold baggage screening system has
passed the European Civil Aviation Conference's (ECAC) Standard 3 threat
detection test, the highest standard set by ECAC for the detection of
explosive threats in passenger baggage.
RTT® is the only Hold Baggage Screening (HBS) system to
achieve ECAC Standard 3 performance while also screening bags at up to
1800 bags per hour, which is significantly faster than the CT based HBS
systems currently installed at airports. The RTT's unique design allows
the processing speed of baggage screening to be at the same rate of
speed as airport baggage handling systems, allowing RTT® to
be installed "in-line" in airports' existing baggage handling systems
without the need to slow down the baggage handling systems.
OSI Systems (News - Alert) CEO, Deepak Chopra, commented, "After achieving ECAC
Standard 3 certification, we look forward to offering the RTT®
to airports in approximately 43 countries that are ECAC members. RTT®,
with its unique stationary gantry design, delivers industry-leading
throughput,quieter operation, a lighter and smaller footprint, superior
reliability, and lower operating and maintenance costs when compared to
other HBS products currently available in the marketplace." Mr. Chopra
continued, "RTT's high resolution enables more accurate threat
detection, while the high speed feature of the RTT® provides
the opportunity to reduce the footprint of screening infrastructure at
airports, effectively creating extra room to handle the ever increasing
aviation passenger traffic."
About OSI Systems, Inc.
OSI Systems, Inc. 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. 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.
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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 the Company's current expectations, beliefs, projections and
similar expressions concerning matters that are not historical facts and
are not guarantees of future performance. Forward-looking
statements involve uncertainties, risks, assumptions and contingencies,
many of which are outside the Company's control, that may cause actual
results may differ materially from those described in or implied by any
forward-looking statement. All forward-looking statements are
based on currently available information and speak only as of the date
on which they are made. The Company 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 these and other factors that could cause the
Company's future results to differ materially from any forward-looking
statements, see the section entitled "Risk Factors" in the Company's
Annual Report on Form 10-K for the year ended June 30, 2011 and other
risks described in documents subsequently filed by the Company from time
to time with the Securities and Exchange Commission.

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