OSI Systems Begins Shipment of ARKONTM, High Performance Anesthesia Delivery System

  OSI Systems Begins Shipment of ARKONTM, High Performance Anesthesia Delivery
  System

Business Wire

HAWTHORNE, Calif. -- March 26, 2013

OSI Systems, Inc. (NASDAQ:OSIS) today announced that its Healthcare division,
Spacelabs Healthcare, has delivered the first orders for its recently
introduced high performance anesthesia delivery system, ARKON^TM.

“ARKON is the culmination of our strong vision of what anesthesia delivery
systems should be, supported by years of research and interviews with
clinicians from across the globe,” commented Deepak Chopra, OSI Systems CEO.
“It represents a major step forward for the organization and I am proud to
announce that we have delivered our first orders of ARKON in the US. These
revolutionary systems will soon be seen in significant hospital groups around
the world.”

ARKON puts the patient front and center – by offering clinicians optimal
functionality, comfort and control – through a combination of innovative
technology and ergonomics not previously available in the perioperative
environment. ARKON uses advanced concepts in industrial design to improve
operating room workflow and adds novel features such as an expanding work
surface to enable the clinician to get closer to the patient along with
signature lighting to highlight controls that are in an active state.

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
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 to 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, 2012
and other risks described in documents subsequently filed by the Company from
time to time with the Securities and Exchange Commission.

Contact:

OSI Systems, Inc.
Ajay Vashishat
Vice President, Business Development
310-349-2237
avashishat@osi-systems.com