OSI Systems Receives $24 Million Order for Cargo and Vehicle Inspection Systems
OSI Systems (NASDAQ: OSIS) has secured a significant $24 million international order for its Security division to provide multiple units of the Z Portal® drive-through inspection system. The technology will be deployed for international border and security applications, specifically designed to scan large trucks, buses, and cargo containers.
The advanced system specializes in detecting organic threats, including explosives and contraband, enhancing global trade and border security measures. The contract includes follow-on service and support provisions, strengthening the company's relationship with an existing long-term customer.
OSI Systems (NASDAQ: OSIS) ha ottenuto un importante ordine internazionale da 24 milioni di dollari per la sua divisione Sicurezza, destinato a fornire più unità del sistema di ispezione drive-through Z Portal®. La tecnologia sarà utilizzata per applicazioni di sicurezza e controllo alle frontiere internazionali, progettata specificamente per scannerizzare camion di grandi dimensioni, autobus e container merci.
Il sistema avanzato è specializzato nel rilevamento di minacce organiche, inclusi esplosivi e merci di contrabbando, migliorando le misure di sicurezza alle frontiere e il commercio globale. Il contratto prevede anche servizi di assistenza e supporto successivi, rafforzando il rapporto con un cliente a lungo termine già esistente.
OSI Systems (NASDAQ: OSIS) ha asegurado un importante pedido internacional de 24 millones de dólares para su división de Seguridad, para suministrar múltiples unidades del sistema de inspección drive-through Z Portal®. La tecnología se implementará en aplicaciones internacionales de seguridad fronteriza, diseñada específicamente para escanear camiones grandes, autobuses y contenedores de carga.
El sistema avanzado se especializa en detectar amenazas orgánicas, incluidos explosivos y contrabando, mejorando las medidas de seguridad fronteriza y el comercio global. El contrato incluye provisiones de servicio y soporte posteriores, fortaleciendo la relación con un cliente a largo plazo ya existente.
OSI Systems (NASDAQ: OSIS)는 보안 부문을 위해 2,400만 달러 규모의 국제 주문을 확보하여 다수의 Z Portal® 드라이브스루 검사 시스템을 공급할 예정입니다. 이 기술은 대형 트럭, 버스 및 화물 컨테이너를 스캔하도록 특별히 설계된 국제 국경 및 보안 용도로 배치됩니다.
이 첨단 시스템은 폭발물 및 밀수품을 포함한 유기적 위협 탐지에 특화되어 있어 글로벌 무역 및 국경 보안 조치를 강화합니다. 계약에는 후속 서비스 및 지원 조항도 포함되어 있어 기존 장기 고객과의 관계를 더욱 견고히 합니다.
OSI Systems (NASDAQ : OSIS) a obtenu une commande internationale importante de 24 millions de dollars pour sa division Sécurité, afin de fournir plusieurs unités du système d’inspection drive-through Z Portal®. Cette technologie sera déployée pour des applications internationales de contrôle des frontières et de sécurité, spécialement conçue pour scanner les gros camions, bus et conteneurs de marchandises.
Le système avancé est spécialisé dans la détection de menaces organiques, y compris les explosifs et la contrebande, renforçant ainsi les mesures de sécurité aux frontières et le commerce mondial. Le contrat comprend également des dispositions de service et de support ultérieurs, consolidant la relation avec un client existant de longue date.
OSI Systems (NASDAQ: OSIS) hat einen bedeutenden internationalen Auftrag über 24 Millionen US-Dollar für seine Sicherheitsabteilung erhalten, um mehrere Einheiten des Z Portal® Drive-Through-Inspektionssystems zu liefern. Die Technologie wird für internationale Grenz- und Sicherheitsanwendungen eingesetzt und ist speziell darauf ausgelegt, große LKW, Busse und Frachtcontainer zu scannen.
Das fortschrittliche System ist auf die Erkennung organischer Bedrohungen, einschließlich Sprengstoffe und Schmuggelware, spezialisiert und verbessert die globalen Handels- und Grenzsicherheitsmaßnahmen. Der Vertrag beinhaltet auch Folge-Service- und Supportleistungen, wodurch die Beziehung zu einem bestehenden langfristigen Kunden gestärkt wird.
- Secured substantial $24 million order for security systems
- Contract includes additional revenue stream through follow-on service and support
- Expands business relationship with existing customer, indicating strong client retention
- None.
Ajay Mehra, President and CEO of OSI Systems, commented, “We are pleased to receive this order from a long-standing customer. The Z Portal leverages sophisticated technology to deliver remarkable inspection capabilities, efficiently detecting organic threats such as explosives and contraband. By enhancing the ability to recognize infrastructure safety and security risks, this system is a powerful tool for safeguarding global trade and border integrity.”
About OSI Systems
OSI Systems 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. The Company combines more than 40 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 or any of its subsidiary companies, visit www.osi-systems.com. News Filter: OSIS-G
Forward-Looking Statements
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 OSI Systems’ current expectations, beliefs, and projections concerning matters that are not historical facts. Forward-looking statements are not guarantees of future performance and involve uncertainties, risks, assumptions, and contingencies, many of which are outside OSI Systems’ control and which may cause actual results to differ materially from those described in or implied by any forward-looking statements. Undue reliance should not be placed on forward-looking statements, which are based on currently available information and speak only as of the date on which they are made. OSI Systems 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 factors that could cause OSI Systems’ future results to differ materially from any forward-looking statements, see the section entitled "Risk Factors" in OSI Systems’ most recently filed Annual Report on Form 10-K and other risks described therein and in documents subsequently filed by OSI Systems from time to time with the Securities and Exchange Commission.
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OSI Systems, Inc.
Ajay Vashishat
Vice President, Business Development
310-349-2237
avashishat@osi-systems.com
Source: OSI Systems, Inc.
FAQ
What is the value of OSI Systems' (OSIS) recent security systems order?
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What security threats can the OSIS Z Portal® system detect?
Will OSIS provide additional services beyond the initial system installation?
