Spacelabs receives $3M U.S. hospital contracts for patient monitoring, connectivity products

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 received approximately $3 million in orders from US hospitals in the Southeast region. Under the terms of these contracts, Spacelabs will provide a wide range of patient monitoring and connectivity products including the recently launched XPREZZON™ line of patient monitors.

OSI Systems CEO Deepak Chopra, commented, "We are proud of the opportunity to provide healthcare solutions utilizing our latest technology for patient monitoring and telemetry data, including our newly released Spacelabs' XPREZZON™ patient monitors."

Source: OSI Systems, Inc.