OSI Systems Receives $3 Million Order for Critical Hardware Components

  OSI Systems Receives $3 Million Order for Critical Hardware Components

Business Wire

HAWTHORNE, Calif. -- March 28, 2013

OSI Systems, Inc. (NASDAQ: OSIS) today announced that its Optoelectronics
division has received an order of approximately $3 million from a major OEM in
the medical equipment industry to provide critical hardware components.

OSI Systems Chief Executive Officer, Deepak Chopra commented, "We are excited
to support this key customer with our optoelectronic components. In addition
to serving medical customers, our Optoelectronics division is a leading
supplier to OEM’s that provide systems for aerospace, defense, safety,
security and industrial applications.”

About OSI Systems, Inc.

OSI Systems, Inc. is a vertically integrated designer and manufacturer of
specialized electronic systems and components for critical applications. The
Company sells its products in diversified markets, including homeland
security, healthcare, defense and aerospace. The Company has more than 30
years of experience in electronics engineering and manufacturing and maintains
offices and production facilities located in more than a dozen countries. It
implements a strategy of expansion by leveraging its electronics and contract
manufacturing capabilities into selective end product markets through organic
growth and acquisitions. 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