OSI Systems Receives $9 Million Order for Advanced Cargo and Vehicle Inspection Technologies from U.S. Government Agency

OSI Systems, Inc. (NASDAQ: OSIS), a vertically-integrated provider of specialized electronics and services, announced today that its Security division, Rapiscan Systems, has received an approximately $9 million order from a U.S. Government Agency for multiple units of the Rapiscan Eagle® T10 cargo and vehicle inspection system and its 638 DV (Dual View) parcel inspection system.

OSI Systems President and CEO, Deepak Chopra commented: “This order demonstrates the benefits of one of Rapiscan's newest products, the Eagle® T10.” Mr. Chopra continued: “The Eagle T10 is a high throughput, high detection vehicle and cargo inspection solution that can be towed by users into a wide range of challenging environments to detect weapons and other threat objects. With its proprietary 1 MeV X-ray technology, the T10 can detect threats hidden deep inside a vehicle that could be missed by lower energy systems. The 638 DV parcel inspection system provides operators with two perpendicular views of an item being scanned and can automatically highlight potential threats for the system operator.”

The Rapiscan Eagle® T10 is a rugged, all-weather unit that can be towed to an inspection site and deployed in less than 10 minutes. The solution inspects the vehicle and its cargo for contraband such as explosives, weapons and narcotics. As a result of the Eagle® T10's unique 1 MeV energy source, it offers a small operational footprint while being able to inspect the entire vehicle or cargo container, making it ideal for customers that need security, mobility and flexibility.