Thomas Memorial Hospital Completes Contract with Spacelabs Healthcare for Multi-Department Patient Monitoring Solutions

ISSAQUAH, Wash. & CHARLESTON, W. Va.--(BUSINESS WIRE)--Thomas Memorial Hospital has completed the purchase to equip its critical care, perioperative, telemetry and outpatient surgery areas with the latest technology from Spacelabs Healthcare, a leader in patient monitoring and other healthcare products and services for over 50 years.

“We are proud to be part of the Thomas Memorial Hospital vision. The hospital's purchase of patient monitoring products and the ICS G2 suite of applications will give clinicians access to timely and comprehensive patient information at the point of care throughout the hospital.”

For Thomas Memorial, this $1.3 million purchase represents a shift from another medical equipment supplier to Spacelabs. According to Jason Duffy, Director of Supply Chain Operations for Thomas Memorial System, “After careful evaluation, we are pleased to bring the Spacelabs products to our clinicians and patients. Spacelabs’ reputation for reliable, easy-to-use equipment was a critical part of our decision and the clinical benefits are second-to-none. This purchase continues Thomas Memorial’s dedication to staying at the forefront of the latest technology for superior patient care.”

Joe Davin, Group President, North America, for Spacelabs said, “We are proud to be part of the Thomas Memorial Hospital vision. The hospital's purchase of patient monitoring products and the ICS G2 suite of applications will give clinicians access to timely and comprehensive patient information at the point of care throughout the hospital.”

About Spacelabs Healthcare, Inc.

Spacelabs Healthcare, Inc. (www.spacelabshealthcare.com), a wholly-owned subsidiary of OSI Systems, Inc., is an international developer, manufacturer and distributor of medical equipment and services including solutions for patient monitoring and connectivity, anesthesia delivery and ventilation, diagnostic cardiology and supplies and accessories selling to hospitals, clinics and physician offices. The Company has offices in the United States, United Kingdom, Canada, France, Germany, Italy, China, India and Singapore.

This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Such statements include information regarding the Company’s expectations, goals or intentions about the future, including, but not limited to, statements regarding the Thomas Memorial Hospital contract to purchase patient monitoring systems from Spacelabs Healthcare. The actual results may differ materially from those described in or implied by any forward-looking statement. Other important factors are set forth in the Securities and Exchange Commission filings of OSI Systems, Inc. All forward-looking statements speak only as of the date made, and we undertake no obligation to update these forward-looking statements.