HAWTHORNE, Calif.--(BUSINESS WIRE)--OSI Systems, Inc. (NASDAQ: OSIS) today announced that screening operations have commenced at initial sites under its multiyear agreement with the Mexican government. Since being awarded the program, OSI’s security division, Rapiscan Systems, has managed the design and build of screening checkpoints and related data management infrastructure throughout Mexico.
Deepak Chopra, OSI Systems’ President and CEO, stated, “We are extremely pleased with the progress in this critically important program. The implementation is proceeding well and we are excited to be in the operational phase in Mexico. The rapid progress is a testament to our ability to manage large scale security initiatives, our depth of experience in delivering integrated solutions, the versatility of our products and the flexibility of our service offering. We expect significant revenues from this program in the second half of our current fiscal year.”
Rapiscan Systems was awarded a six-year contract from Mexico’s tax and customs authority to provide inspection services by implementing a wide-ranging program of cargo and vehicle security screening systems and services throughout Mexico. Under the program, Rapiscan Systems expects to provide complete operations of inspection sites utilizing x-ray screening technology. Rapiscan Systems plans to incorporate staffing, systems integration, data management, and maintenance support at these sites networked throughout Mexico, including ports of entry as well as inland checkpoints and airports.
About OSI Systems, Inc.
OSI Systems, Inc. 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. 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
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