OSI Systems Announces ISO 9001 Certification for Rapiscan Facility

16 February 2000

OSI Systems Announces ISO 9001 Certification for Hawthorne, Calif., Rapiscan Facility and Launch of Corporate Web Site

    HAWTHORNE, Calif.--Feb. 16, 2000--OSI Systems Inc. , a worldwide provider of comprehensive security solutions, optical and pressure-sensitive electronics systems and subsystems and photodiodes for use in various applications including fiber-optics, today announced that its wholly-owned Rapiscan subsidiary has received ISO 9001 certification for its site in Hawthorne.
    Deepak Chopra, chairman and chief executive officer of OSI Systems stated, "Rapiscan continues to build its name worldwide as a complete source for security products, and this ISO 9001 certification of our Hawthorne facility furthers Rapiscan's global reputation for quality, reliability and technological advancement."
    Additionally, OSI Systems announced the official launch of its new corporate Web site, created to deliver information about OSI Systems' product lines, subsidiary companies and broad range of abilities, to both clients and investors. The Web site can be accessed at www.osi-systems.com.

    About OSI Systems Inc.

    OSI Systems Inc. is a worldwide manufacturer and seller of X-ray inspection and metal detection systems under the trade names Rapiscan(TM), Metor(TM) and Secure(TM). OSI also sells complete life science applications systems, including X-ray and ultrasound products for detecting osteoporosis under the trade names UltraSure(TM) and DexaCare(TM).
    In addition, OSI designs, manufactures and sells optical and pressure-sensitive electronics systems and subsystems worldwide through its global network of sales and manufacturing facilities in Singapore, Malaysia, Norway, Finland, the United Kingdom and the United States. OSI customers include many of the leading Fortune 1000 companies. OSI's products are used in a broad range of applications in the security, medical, fiber-optics, communications, aerospace, oil exploration and automotive industries.

    "Safe Harbor" Statement Under the Private Securities Litigation Reform Act of 1995: The statements contained in this release which are not historical facts are forward-looking statements that are subject to risks and uncertainties including those risks detailed in the company's Securities and Exchange Commission filings that could cause actual results to differ materially from those set forth in or implied by forward-looking statements. In addition to the factors discussed in the filings with the Securities and Exchange Commission, among the other factors that could cause actual results to differ materially are the following: adverse changes in the business conditions and the general economy; competitive factors, such as rival companies' pricing and marketing efforts; availability of third-party material products at reasonable prices; the financial condition of the customer; risks of obsolescence due to shifts in market demand and litigation involving product liabilities and consumer issues.