OSI SYST NPV : OSI Systems Receives Multimillion Dollar Cargo and Vehicle Inspection Contract Award

06/02/2011 | 08:10 am

OSI Systems, Inc. (NASDAQ: OSIS), a vertically-integrated provider of specialized electronics and services, today announced that its Security division, Rapiscan Systems, was awarded a multimillion dollar contract from an Eastern European customer in its Eagle® cargo and vehicle inspection product line.  

OSI Systems CEO, Deepak Chopra, stated, "We look forward to increasing our installed base of Eagle systems in Eastern Europe, a key growth region that has numerous opportunities for cargo security infrastructure upgrades. Our Eagle CVI product line continues to lead the industry in terms of image quality, throughput and reliability."

Eagle® Cargo and Vehicle Inspection Systems

OSI System's line of Eagle® cargo and vehicle inspection systems are used by customs agencies, military organizations and homeland security worldwide because they provide outstanding image quality and threat detection, while maximizing the operational effectiveness of customers. Eagle cargo and vehicle inspection systems use proprietary transmission X-ray technology which, unlike other inspection technologies, is able to penetrate well beyond the surface of a container or vehicle to provide comprehensive detection of threats.

New tests of U.S. airport scanners find radiation OK

Reuters

| 24 May 2011 | 05:47 PM ET

WASHINGTON - New tests of full-body scanners deployed at airports found that the radiation they emit was within acceptable levels, the Transportation Security Administration said on Tuesday after previous checks found some anomalies in results.

The machines, which have provoked health concerns about excessive radiation exposure, have been deployed at dozens of airports to thwart attacks on the U.S. aviation system which has continued to be a prime target of al Qaeda militants.

"The latest reports confirm previous testing and show that every backscatter unit currently used for passenger screening in U.S. airports is operating well within applicable national safety standards," said TSA spokesman Nicholas Kimball.

There are about 486 full-body scanners in 78 airports in the United States, of which 247 are so-called backscatter machines made by Rapiscan Systems, a unit of OSI Systems Inc. They expose a person to about 0.0025 millirem of radiation.

Test results released by TSA in March showed some anomalies, such as missing data or calculation errors unrelated to safety. The agency ordered new tests for the scanners as well as other X-ray equipment used to screen baggage that had problematic reports.

The machines cannot produce more than 0.005 millirem per scan, according to TSA. In comparison, a chest X-ray will expose someone to 10 millirem of radiation and the maximum recommended exposure to radiation from man-made sources is 100 millirem per year, according to TSA.

TSA posted the new test results on its website: http://www.tsa.gov/research/reading/xray_screening_technology_safety_reports.shtm.

TSA has accelerated deploying full-body scanners and other machines to detect explosives after a Nigerian man tried but failed to detonate a bomb hidden in his underwear on a flight from Amsterdam as it approached Detroit on Christmas Day 2009.

The full-body scanners have also provoked a backlash among some travelers who were upset because they produce revealing body images.

Copyright 2011 Reuters. Click for restrictions.

URL: http://www.cnbc.com/id/43159451/

May 05, 2011

OSI Systems Awarded Multimillion Dollar Contract for Installation of High Speed Rail Inspection Solution in Eastern Europe

 HAWTHORNE, Calif.--(BUSINESS WIRE )--OSI Systems, Inc. (NASDAQ: OSIS), a vertically-integrated provider of specialized electronics and services, today announced that its Security division, Rapiscan Systems, has been awarded a multimillion dollar contract to provide the Eagle® R60 Rail scanner and associated installation and operator training services to an Eastern European country.

 OSI Systems CEO, Deepak Chopra, stated, “We are excited to implement our high energy rail inspection system, the Eagle R60, to another Eastern European customs agency. The Eagle R60 is the only inspection system capable of screening rail cargos at speeds of up to thirty-five miles per hour. This means that our customers can achieve not only superior threat detection but also efficient throughput of cargo.”

 The Rapiscan Eagle R60 Rail scanner is part of Rapiscan’s industry leading cargo and vehicle inspection product line. It uses Rapiscan’s proprietary high-energy transmission X-ray technology and detection platform to comprehensively screen densely packed rail-borne cargos at speeds of up to thirty-five miles or fifty-six kilometers per hour.

DHL to buy Rapiscan security products
Thursday, 28 April 2011

The Rapiscan Systems Security division has been awarded a US$12 million pan-European contract by logistics and air cargo major DHL.

The systems ordered include Rapiscan's high speed MVXR 5000 explosives detection systems, which can screen very high volumes of parcels and Rapiscan's 600 series large tunnel dual view air cargo X-ray scanners, which are designed to screen large parcels and air cargo pallets.

IMPORTANT INFORMATION REGARDING RAPISCAN 620DV WITH TYPE C LIQUID EXPLOSIVE DETECTION (LEDS)

Rapiscan is pleased to announce that the Rapiscan 620DV dual-view advanced baggage scanner has attained Liquid Explosive Detection (LEDS) Type C certification, set by the European Commission for Civil Aviation’s (ECAC) Common Evaluation Process (CEP).

The Rapiscan 620DV is now a Type C Standard 1 LEDS system under the ECAC CEP. This allows customers to deploy the Rapiscan 620DV with LEDS for compliance with the April 2011 EU regulatory deadline. The purpose of this communication is to provide Rapiscan sales channels and distributors with the following information regarding the 620DV with Type C LEDS:

• Regulatory Summary
• 620DV Features and Benefits
• Competitive Positioning
• How to order your LEDS package
• Important notes regarding software functionality

Regulatory Summary

• April 2011 EU regulatory deadline: At the end of April 2011, transit passengers who fly from non-EU nations into EU airports for connections will be able to carry liquids purchased at the departure airport or in-flight in their hand luggage, as long as the liquid is in a clear tamper-proof bag with a receipt attached AND the liquid has been screened using an EU LEDS Standard 1 certified system. Therefore, to meet this deadline, airports will have to deploy approved LEDS certified systems. The Rapiscan 620DV is an approved LEDS Standard 1 certified system.

• 2013 LEDS compliance: From 29th April 2013 the liquids ban will be lifted completely, for all passengers and all carry-on liquids at EU airports. As of April 2013, all liquids will have to be screened with LEDS that are approved to Type C Standard 2.

• Update on Type C Standard 2 LEDS Software Development. Our development team is planning to submit the 620DV system for Type C Standard 2 LEDS certification well in advance of the April 2013 deadline. NOTE: FOR MORE INFORMATION REGARDING SPECIFIC DIFFERENCES BETWEEN STANDARD 1 AND STANDARD 2, please contact Ken Mann.

620DV Features and Benefits

• Upgradeability: With its advanced software platform, the 620DV automatic threat detection algorithms can be upgraded to meet other international threat detection requirements. This is important because when regulators harmonize their detection regulations, your customers will need to purchase systems that meet all standards. The 620DV is 1 of only 3 systems that have been certified to both the EU LEDS standard and the TSA Advanced Technology X-ray standard.

• Dual-View threat detection generates 2 high-definition images at perpendicular angles, increasing the operator’s ability to identify potential threat items.

• Modular and ergonomic design for easy integration into existing checkpoint facilities. The 620DV has the smallest footprint and lowest energy consumption of any internationally approved advanced cabin baggage screening system.

• Dual view screening improves checkpoint efficiency because it reduces the number of secondary checks and  the processing time of image review associated with complex, densely packed cabin baggage.

• Cost effective: The 620DV has the lowest total cost of ownership of any internationally regulatory approved dual view advanced technology system.

OSI Systems Receives Approximately $2.8 Million Contract from Asian Civil Aviation Authority for Advanced Baggage Inspection Systems

04/13/2011 | 08:15 am

OSI Systems, Inc. (NASDAQ:OSIS), a vertically-integrated provider of specialized electronic products for critical applications in the Security and Healthcare industries, today announced that its security division, Rapiscan Systems, has been awarded orders for approximately $2.8 million to provide state of the art baggage and parcel X-ray inspection systems to a civil aviation authority in Asia. The systems to be provided include Rapiscan's high speed MVXR 5000 Explosives Detection System for screening of checked passenger baggage and Rapiscan's 600 series X-ray scanners, used for screening of carry-on passenger baggage.

OSI Systems' CEO, Deepak Chopra, stated, "We are excited about the opportunity to provide the latest screening solutions for airport and passenger security. Rapiscan's broad portfolio allows for optimal configurations to accommodate the most demanding customer requirements."

The Rapiscan MVXR 5000 is capable of screening up to 1,500 bags per hour and features advanced matrixing and networking capabilities. The Rapiscan 600 series carry-on baggage screening solution has been deployed at airports worldwide and features Rapiscan's proprietary TARGET threat detection software for rapid detection of potential threats.

Rapiscan 620DV Checkpoint Baggage Scanner Achieves European “Type C” Certification for Detection of Liquid Explosives

Advanced Threat Detection Technology Allows Airports to Meet Upcoming 2011 Deadline to Ease Current Ban on Liquids

Press Release Source: Rapiscan Systems, Inc. On Thursday March 17, 2011, 8:00 am EDT

TORRANCE, Calif.--(BUSINESS WIRE)-- Rapiscan Systems, a leading supplier of security inspection systems, today announced that its 620DV multi-view advanced baggage scanner has passed the “Type C” standard set by the European Commission for Civil Aviation (ECAC) for detection of liquid explosive threats, as well as other potential threats. As a result, airports, aviation regulators and other customers can purchase the Rapiscan 620DV with the assurance that the system fully meets the latest EU regulations for liquid threat detection. Furthermore, deploying the 620DV will allow European airports to meet the upcoming EU deadline to relax current restrictions on the ability of passengers to carry-on liquids onto airplanes.

Rapiscan President Ajay Mehra commented: “This is a major milestone for Rapiscan and European aviation passengers and airports. The Rapiscan 620DV has been proven in aviation checkpoints around the world. Now European aviation customers can deploy the 620DV to meet the upcoming European deadline for the easing of restrictions on carry-on liquids.” Mr. Mehra continued: “The 620DV AT not only meets worldwide regulatory standards for threat detection, it has significant operational benefits including smaller footprint, greater energy efficiency, and reduced weight loading.”

The Rapiscan 620DV has also been approved for use by the US Transportation Security Administration for both aviation checkpoint screening and air cargo screening. With approximately 1000 systems ordered by major airports worldwide, the 620DV AT is one of the most widely deployed multi-view checkpoint X-ray screening systems. It can also be used for critical non-aviation applications such as air cargo screening, military checkpoints, customs inspection and protection of national infrastructure. Specifically, the 620DV:

<·  Generates multiple views of scanned items, which allows operators to identify threats faster, improving checkpoint throughput.

<·  Minimizes hand searches by allowing cluttered bags to be cleared on screen.

<·  Pinpoints potential threats so the item can be found immediately.

<·  Allows screeners to divert potentially threatening items to a separate inspection area, so passengers can continue through lines uninterrupted.

<·  Uses a software based threat detection platform that can be upgraded in response to changing customer requirements, reducing the need for hardware changes.

March 14, 2011 08:00 AM Eastern Daylight Time 

OSI Systems Receives Contract Worth up to Approximately $29 Million from U.S. Department of Homeland Security for Next Generation Cargo Screening Systems

HAWTHORNE, Calif.----OSI Systems, Inc. (NASDAQ:OSIS), today announced that its security division, Rapiscan Systems, a leading provider of advanced detection and imaging solutions has been awarded a contract by the U.S. Department of Homeland Security (DHS) Science and Technology Directorate (S&T) to develop two separate systems as part of S&T’s CanScan Program. Rapiscan Laboratories, the R&D arm of Rapiscan Systems, secured the competitively bid contract worth up to approximately $29 million with a combined initial funding obligation of $3.6 million for the first phases of the two development efforts.

 The US Department of Homeland Security awarded Rapiscan the contract based on Rapiscan’s innovative development approach, which combines separate inspection technologies and advanced threat detection software to significantly improve the current state of cargo screening so that threats are identified faster and more comprehensively. Rapiscan intends to leverage its extensive and innovative R&D expertise and that of its partners across various inspection modalities to develop the next generation non-intrusive mobile and air cargo inspection systems. As a part of the development program, the systems are expected to be capable of automatically detecting and identifying multiple threats, including but not limited to explosives, narcotics and chemical weapons in cargoes entering the U.S. at land border crossings, air and maritime ports of entry.

 Ajay Mehra, President of Rapiscan Systems, stated, “These contracts will leverage the unique combination of our team’s experience and capability in high-energy x-ray imaging and developing critical inspection solutions. These systems along with the automatic detection algorithms are expected to have threat detection and identification capabilities that are significantly better than the current state of the art systems. The innovative research at Rapiscan Laboratories continues to be at the forefront of combating some of our country’s most difficult security challenges which threaten our national security.”

OSI Systems Awarded Contract Worth Approximately $ 31 million as the Official Security Solution Provider for 2012 Summer Games

OSI Systems, Inc. (NASDAQ:OSIS), a vertically-integrated provider of specialized electronic products for critical applications in the Security and Healthcare industries, today announced that its security division, Rapiscan Systems, has been appointed to be the exclusive supplier of security screening solutions for the London 2012 Summer Olympic and Paralympic Games and has been awarded a contract with a value of up to $31 million. The decision was made by the London Organising Committee of the Olympic Games and Paralympic Games (LOCOG). Rapiscan Systems has also been recognized by LOCOG as a tier three sponsor of the London 2012 Olympics.

Ajay Mehra, President of Rapsican Systems, commented: “The importance of this award goes far beyond its commercial value. The confidence that LOCOG has exhibited in Rapiscan demonstrates our leadership in security screening solutions. Our security screening technology allows for both superior non-intrusive threat detection and extremely high throughput, so we will be able to not only improve security but also enhance visitor satisfaction.”

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 the Company's contracts to provide solutions to the Security industry.The actual results may differ materially from those described in or implied by any forward-looking statement.

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

OSI Systems Receives Approximately $11 Million in Orders for Cargo and Baggage Inspection Systems
HAWTHORNE, Calif., Jan 24, 2011 (BUSINESS WIRE) –

OSI Systems, Inc. (NASDAQ: OSIS | PowerRating), a vertically-integrated provider of specialized electronic products for critical applications in the Security and Healthcare industries, today announced that its security division, Rapiscan Systems, has been awarded contracts for approximately $11 million to provide state of the art parcel, cargo and vehicle inspection systems for international customers. Two of the platforms being delivered are the Rapiscan Eagle(R) P60 portal and Eagle M60 mobile X-ray inspection systems which will be utilized to scan for a comprehensive range of threats in cargo. In addition, the 638XR and 620DV series, our advanced checkpoint screening solutions for cargo and baggage, are also being provided to fulfill these orders.

The Eagle P60 achieves fast, accurate and efficient cargo screening by automatically scanning trucks as they drive through the system. Eagle portal scanners, like the Eagle P60, deliver high scanning throughput along with superior X-ray imaging quality, which enables inspectors to find contraband in cargo. The Eagle M60 is the most powerful cargo inspection system available in a mobile configuration capable of driving on public roads. With the Eagle M60, customers are able to quickly respond to operational requirements for cargo screening at locations, such as seaports, borders and checkpoints.

OSI Systems' CEO, Deepak Chopra, stated, "Our broad product offering allows us flexibility in configuring the most comprehensive solution to meet our customer's threat detection requirements. We look forward to these deployments which will increase our customers' operational effectiveness."

Eagle(R) Cargo and Vehicle Inspection Systems

OSI System's line of Eagle(R) cargo and vehicle inspection systems are used by customs agencies, military organizations and homeland security worldwide because they provide outstanding image quality and threat detection, while maximizing the operational effectiveness of customers. Eagle cargo and vehicle inspection systems use proprietary transmission X-ray technology which, unlike other inspection technologies, is able to penetrate well beyond the surface of a container or vehicle to provide comprehensive detection of threats. Over 150 Eagle cargo and vehicle inspection systems have been deployed worldwide by customers including the US government, UK Customs, Abu Dhabi Customs and the European Union, among others.

20, 2011 08:00 AM Eastern Time 

OSI Systems Awarded Contract for High Speed Rail Inspection Systems from Customs Agency

HAWTHORNE, Calif.--OSI Systems, Inc. (NASDAQ: OSIS), a vertically-integrated provider of specialized electronics and services, today announced that its Security division, Rapiscan Systems, has been awarded a multimillion dollar contract from a prominent customs agency based in Europe for high speed rail inspection solutions using the Rapiscan Eagle® R60 Rail scanner platform. The high energy rail inspection system will allow cargo trains to be screened as they travel at speeds of up to thirty five miles per hour.

OSI Systems CEO, Deepak Chopra, stated, “We are especially pleased to have been awarded a contract from this key customer.” Mr. Chopra continued: “With its high speed throughput and superior threat detection capabilities, the Eagle R60 is an example of our technical leadership and ability to meet our customers’ most demanding requirements.”

Rapiscan Systems President, Ajay Mehra commented, “Rapiscan Systems is the only security screening company that offers ultra-high speed comprehensive inspection of rail borne commerce, which is an increasingly important part of today’s global supply chain.” Mr. Mehra continued: “We look forward to this implementation in an identified growth region.”

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

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 the Company's contracts to provide solutions to the Security industry. The actual results may differ materially from those described in or implied by any forward-looking statement.

OSI Systems Receives $9 Million Order for Advanced Cargo and Vehicle Inspection Technologies 
September 24, 2010

OSI Systems Inc., Hawthorne, Calif. a vertically-integrated provider of specialized electronics and services, has announced that its Security division, Rapiscan Systems, has received an approximately $9 million order from a US Government Agency for multiple units of the Rapiscan Eagle T10 cargo and vehicle inspection system and its 638 DV (Dual View) parcel inspection system.

The Rapiscan Eagle T10 is a rugged, all-weather unit that can be towed to an inspection site and deployed in less than 10 minutes. The solution inspects the vehicle and its cargo for contraband such as explosives, weapons and narcotics. As a result of the Eagle T10's unique 1 MeV energy source, it offers a small operational footprint while being able to inspect the entire vehicle or cargo container, making it ideal for customers that need security, mobility and flexibility.

Press Release

Rapiscan Systems Receives IDIQ Contract For Up To $325 Million From TSA

September 16, 2010

Rapiscan Systems, a leader in advanced security screening solutions, today announced that it has been awarded an Indefinite Delivery, Indefinite Quantity (IDIQ) contract by the U.S. Transportation Security Administration (TSA) for the Rapiscan 620DV AT (Advanced Technology) checkpoint x-ray baggage inspection system.  The contract is valued at up to $325 million in potential future orders.

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 expectations relating to the amount of the Company's potential revenues under the indefinite-delivery/indefinite-quantity contract referenced above.  The actual results may differ materially from those described in or implied by any forward-looking statement

Press Release

 Rapiscan Systems Receives Contracts Worth up to $12M from U.S. Domestic Nuclear Detection Office; Awards mark Company's Ability to Enable Next Generation WMD Detection

Torrance, CA
8/31/2010

 Rapiscan Systems, a leader in advanced security screening solutions, today announced that it has been awarded multiple Exploratory Research Program (ERP) contracts by the U.S. Department of Homeland Security (DHS) Domestic Nuclear Detection Office (DNDO). By conducting transformational research and development initiatives, DNDO's objective is to enlist thought leaders to advance the country’s nuclear materials detection capabilities. With its leading scientists and engineers, Rapiscan has secured contracts that are incrementally funded for a total obligated value of $2 million with additional options that could be exercised for a total value of up to $12 million.

All of the contracts focus specifically on detecting shielded nuclear material. Specifically, the company has been charged with developing a Liquefied Noble gas detector (in collaboration with Yale University), a threshold activation detector, a human portable system and an aircraft inspection solution.

Ajay Mehra, President of Rapiscan Systems, stated, "These contracts require the unique combination of our team's experience in high-energy X-ray imaging, and nuclear, mechanical and electrical engineering. When successfully completed, these threat detection and verification technologies will provide additional inspection capabilities in protecting our nation from weapons of mass destruction being smuggled into the country. The innovative research at Rapiscan Laboratories, our R&D arm, continues to be at the forefront of combating some of this country's most serious security threats."

About Rapiscan Laboratories

Rapiscan Laboratories, based in Sunnyvale, California, is the research and development arm of Rapiscan Systems and focuses on leading-edge government research and development programs in the area of non-intrusive inspection (NII) of people, baggage and cargo for contraband such as explosives, drugs, chemicals and nuclear material. Employing such technologies as X-ray radiography, X-ray computed tomography, neutron- and photon-based threat material detection and identification, many of the developments at Rapiscan Laboratories are incorporated into Rapiscan Systems security products.

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 the Company's contracts to provide solutions to the Security industry. The actual results may differ materially from those described in or implied by any forward-looking statement.

For Further Information:
Andrew Goldsmith
Vice President, Marketing
Rapiscan Systems
Tel: (703) 812-0322
E:agoldsmith@rapiscansystems.com agoldsmith@rapiscansystems.com

Rapiscan Systems Receives $1.6 Million Order for Eagle® Cargo and Vehicle Inspection Systems from Eastern European Government Agency

Company receives significant order to provide cargo and vehicle inspection systems to Eastern European customs agency.

 Arlington, VA (Vocus) August 18, 2010

Rapiscan Systems, a leader in advanced security screening solutions, today announced that it has been awarded a $1.6 million contract to provide a Eagle® transmission X-ray cargo and vehicle inspection systems to a Eastern European customs agency.

 OSI Systems’ CEO (Rapiscan’s parent company), Deepak Chopra, stated, "This most recent order builds on the momentum of our Eagle cargo inspection product line. Customers are choosing Eagle systems because our proprietary technology offers both extremely high resolution imaging of both organic and inorganic threats, while also detecting threats that are shielded or in the center of a cargo container and that could be missed by other detection technologies.

 Eagle® Cargo and Vehicle Inspection Systems:
Rapiscan Systems’ line of Eagle® cargo and vehicle inspection systems are used by customs agencies, military organizations and homeland security worldwide because they provide outstanding image quality and threat detection, while maximizing the operational effectiveness of customers. Eagle cargo and vehicle inspection systems use proprietary transmission X-ray technology which, unlike other inspection technologies, is able to penetrate well beyond the surface of a container or vehicle to provide comprehensive detection of threats. Over 100 Eagle cargo and vehicle inspection systems have been deployed worldwide by customers including the US government, UK Customs, Abu Dhabi Customs and the European Union.

press release
Aug. 3, 2010, 8:00 a.m. EDT

OSI Systems Receives $9 Million Order for Eagle(R) Cargo and Vehicle Inspection Systems from European Customs Agency

HAWTHORNE, Calif., Aug 03, 2010 (BUSINESS WIRE) -- OSI Systems, Inc. /quotes/comstock/15*!osis/quotes/nls/osis (OSIS 27.90, -0.13, -0.46%) , a vertically-integrated provider of specialized electronic products for critical applications in the Security and Healthcare industries, today announced that its security division, Rapiscan Systems, has been awarded a $9 million contract to provide multiple Eagle(R) transmission X-ray cargo and vehicle inspection systems to a European customs agency.

 OSI Systems CEO, Deepak Chopra, stated, "Eagle transmission X-ray cargo and vehicle inspection systems are the premier non-intrusive inspection solution for customs agencies who value high-performance, high-throughput security systems. Unlike some detection technologies that have limited penetration capabilities, Eagle transmission X-ray systems can detect contraband, weapons, narcotics and other threat items even at the center of densely packed containers or vehicles." Mr. Chopra continued, "We look forward to implementing our cargo solutions for this critical security application. With the broad technology base at Rapiscan, we continue to expand our screening options available to port, border, and air cargo security customers."

 Eagle(R) Cargo and Vehicle Inspection Systems

 OSI System's line of Eagle(R) cargo and vehicle inspection systems are used by customs agencies, military organizations and homeland security worldwide because they provide outstanding image quality and threat detection, while maximizing the operational effectiveness of customers. Eagle cargo and vehicle inspection systems use proprietary transmission X-ray technology which, unlike other inspection technologies, is able to penetrate well beyond the surface of a container or vehicle to provide comprehensive detection of threats. Over 100 Eagle cargo and vehicle inspection systems have been deployed worldwide.

OSI Systems Awarded Approximate $3 Million Contract from U.S. Government Agency for Newly Launched Rapiscan Secure 1000 Portable Body Scanner

HAWTHORNE, Calif.--(BUSINESS WIRE)--OSI Systems, Inc. (NASDAQ: OSIS), a vertically-integrated provider of specialized electronic products for critical applications in the Security and Healthcare industries, today announced that its Security division, Rapiscan Systems, was awarded an approximate $3 million order from an undisclosed United States Government Agency for its newly released Rapiscan Secure 1000MP (modular and portable).

The Rapiscan Secure 1000MP was developed specifically for applications that require rapid deployment, mobility and durability, as well as superior threat detection. The system provides the same detection capabilities as the Rapiscan Secure 1000 Single Pose solution that is being deployed by airports worldwide, but in a portable configuration. The system produces high-resolution images that enable detection of concealed threats and contraband items. The Rapiscan Secure 1000MP is ideal for high security environments because both organic (i.e. solid and liquid explosives, narcotics, ceramic weapons, etc.) and inorganic (i.e. metal) materials are easily identified in the resulting image.

Rapiscan Systems President, Ajay Mehra stated, “We are excited to announce that the U.S. Government has chosen the Rapiscan Secure 1000MP for its security needs. The Rapiscan Secure 1000MP lightweight and modular design makes it a truly “man-portable” solution for military, police, corrections, event security and protection of critical infrastructure. The Rapiscan Secure 1000MP is an important addition to the Rapiscan Secure product family and will significantly expand our opportunities to provide customers with its superior threat detection technology.”

Combating the threat of international terrorism
June 11, 2010
By Peter Kant, Vice President of Global Government Affairs at Rapiscan Systems, looks to the future of checkpoint security…

The recent car bombing attempt in New York’s Times Square was just the latest of more than 30 terrorist plots against the US since 9/11.  On the first of May 2010, Times Square was packed with tourists and theatre goers when the alarm was raised.  Following the discovery of the car bomb, the area was shut down for 10 hours as detectives took to the stage at the end of Broadway musicals to ask for witnesses to any suspicious activity.  Thousands of tourists were prevented from returning to their hotels in the densely crowded district.

Airport detainment - On the following Monday, a suspect was detained at John F Kennedy Airport in New York as he attempted to leave for Dubai.  Meanwhile, Emirates Airlines said that the US authorities had removed two other people from a flight to Dubai, whilst immediate international security measures were taken to screen aircraft, passengers, and baggage even more thoroughly.

This latest attack highlighted the ongoing need for security measures that combine intelligence and police work – and that take full advantage of the new security technologies to detect potential threats.

Today’s security measures are mainly experienced at check-points, typically to inspect bags and people.

But in the evolving world of international terrorism, future security measures must utilise technologies that can routinely screen vehicles and large numbers of people.

Combined screening
For example, it is now possible to combine the screening of cars and vehicles for concealed threats such as explosives and weapons as they enter a public area or facility – without requiring passengers to leave their vehicles.

Increasingly used, new “standoff” detection technologies make it possible to detect threats concealed in crowds of people as they move through an area.

One of the most important aspects of the future security checkpoint is that it will enhance operational efficiency (eg. faster customer screening and lower staffing requirements) even as it improves security.

It will also help the general public feel more secure and calm as they pass through strict security checkpoints rather than creating stress and confusion. Leading-edge checkpoint security designs use advanced gating and signage systems that guide people through a security checkpoint.

They feature ergonomically designed people screening and re-composure areas, as well as systems that facilitate the handling and inspection of baggage.

Live trial
In one live airport trial in Manchester, England, the use of these types of systems, together with advanced security screening technologies, dramatically increased customer satisfaction, whilst reducing checkpoint manpower costs.

Due to the large numbers of people passing through airports and the ongoing desire to allow space for commercial features such as shops and restaurants, the security checkpoints of the future are also designed to be compact.

In addition, the design will offer advanced personnel management and staff optimisation tools – technology that allows checkpoint operators to utilise the optimal number of staff, which in turn reduces the amount of physical space needed to accommodate the checkpoint.

The integration of a variety of people, baggage, and cargo screening systems with the latest software solutions will provide a comprehensive and reliable security solution.

Threat recognition
In the near future, security scanners will use automatic threat recognition, rather than images analysed by security personnel, to identify potentially dangerous items.

These new systems will automatically indicate the presence of hazardous materials and contraband, including liquid explosives and other dangerous material.

By adding newly developed automatic bag and bin handling systems, the general public will see fully automated security aviation checkpoints at their airports.

Traditional airport, port and border security checkpoints have been seen to provide the vital protection against would be attackers, preventing the transportation of weapons and bombs into airports and across borders.

Innovative technology
As the UK considers new methods of people screening to further improve airport security, innovative technology such as advanced X-ray machines that provide a 360-degree view of passengers are rapidly being introduced.

Installing advanced inspection and screening systems at critical security checkpoints provides a first line of defence in protecting the country as a whole.

Threat awareness coupled with threat detection can help prevent people like the 2001 shoe bomber on American Airlines Flight 63 and most recently in December 2009, the ‘Pants Bomber’, from ever boarding a plane.

Government, police and security officials must be equipped with the best detection equipment available in order to combat whatever current and future threats arise.

The on-going threat of international terrorism is one that we are likely to have to face for many years.

Every new terrorist threat brings new challenges. The security measures of the future not only have to anticipate and contend with these emerging threats, but need to combine the best screening technologies with advanced integrated solutions to strengthen the first line of defence.

AUSA Member of the Month Profile: Rapiscan Systems

June 2010
tp://wwwausa.org/membership/sustaining/members/Pages/RapiscanSystems.aspx
One of the most difficult challenges facing military forces is the detection of Improvised Explosive Devices (IEDs).

These lethal and indiscriminate weapons pose a serious and continual threat to defense forces and the safety and stability of local populations. Detecting IEDs and preventing their deadly results is critical to the force protection and the local security missions of the armed forces. 

Since the beginning of the wars in Iraq and Afghanistan, Rapiscan has worked tirelessly to invent and deploy new, advanced technologies specifically designed to detect IEDs and to operate reliably in the most extreme environments. Defense forces that rely on Rapiscan equipment have been highly successful in attacking the IED threat, but we know that the enemy continues to challenge us with new and more lethal threats.

In order to continually help defend and protect our forces, we have proactively sought to:

    * Develop (with DoD agencies like JIEDDO and TSWG) the most innovative inspection approaches at our Rapiscan Laboratories located in the heart of Silicon Valley;

    * Continue to put Rapiscan technology in the field to get the “Voice of the Soldier” so we can design better technologies that continue to meet field requirements;

    * Establish a strong deployed field service team to ensure Rapiscan technologies are reliable and ready for use anytime, anywhere; and

    * Develop and deploy new “ruggedized” and re-locatable systems allowing for IED detectors and scanners to move with troops and survive harsh environments.

With thousands of systems deployed around the world, we remain vigilant in quickly innovating and deploying the best technology to meet ever-changing defense requirements. Whether the need is detection of threats at a checkpoint, an entry-control point or a people screening station, our IED solutions are ruggedized, mobile and proven reliable. And thanks to innovations such as our MobileCheck containerized inspection system, individual Rapiscan technologies can be rapidly configured to form a layered, resilient and interoperable force protection capability.

 Flagship products include:

Rapiscan Eagle T10 – delivering Rapiscan’s proven Eagle high quality X-ray imaging on a towable trailer for mobile, rapidly deployed cargo and vehicle inspection. This rugged, all-weather unit is easily towed to an inspection site and ready to begin scanning in 10 minutes.

Rapiscan Eagle M45 – uses unsurpassed imaging quality to inspect for IED’s and can easily be driven to a site and readied to scan an unoccupied parked truck or line of trucks.

Rapiscan Eagle M10 – inspects cargo in vehicles and allows the operator to detect items that include explosives, narcotics, currency, agricultural products, weapons, and other contraband. The system is road-worthy, all weather and can be operated in most countries without any specialized drivers licensing.

Rapiscan Eagle C02 – performs safe and effective inspection (less than five seconds) of occupied vehicles at sites such as border crossings and facility entrances.

Rapiscan Secure 1000 – built upon the most widely deployed people screening technology, it is easy to use with a durable, modular design for fast set-up and tear-down in one hour or less. The system is ideal for high security environments because both organic (i.e. solid and liquid explosives, narcotics, ceramic weapons) and inorganic (i.e. metal) materials are apparent in the image.

Rapiscan MobileCheck – a complete checkpoint that integrates people screening and hand luggage screening in a single easily relocated, rugged ISO container.

Metor 300 Portable – is a reliable, durable and versatile security solution for both temporary and permanent security checkpoints. With enhanced discrimination features, it is well suited for the security screening of large groups of people and ideal for outdoor use.

All of these products are available and supported through Rapiscan Systems extensive global sales and distributor network.

Rapiscan Systems Receives Approximately $3 Million in Initial Contract Awards

Wed May 26, 3:00 am ET

 Two Major International Airlines Select Company to Provide Air Cargo Inspection Equipment.

 (Vocus) May 26, 2010 -- Rapiscan Systems, a leading supplier of security inspection systems, today announced that it has received initial contract awards to supply air cargo inspection systems to two major international airlines. The contracts have a combined value of approximately $3 million.

 “We are pleased that both these airlines have selected Rapiscan Systems as their security screening solution provider. With over 15 years of experience serving the aviation market, we believe we offer air cargo companies the broadest range of TSA approved screening systems and the deepest expertise in the industry.”

 Under the terms of the agreements, Rapiscan will be the primary supplier of air cargo screening systems to both major international airlines. Delivery of the inspection systems will be expedited in order to help the companies meet the Transportation Security Administration’s (TSA) Certified Cargo Screening Program (CCSP), which requires 100 percent inspection of all cargo carried in passenger aircraft.

 OSI Systems (Rapiscan’s parent company) Chairman and CEO, Deepak Chopra, stated, “We are pleased that both these airlines have selected Rapiscan Systems as their security screening solution provider. With over 15 years of experience serving the aviation market, we believe we offer air cargo companies the broadest range of TSA approved screening systems and the deepest expertise in the industry.”

Rapiscan Systems is a leader in the air cargo security screening market, having built successful relationships with both commercial firms and government agencies around the world. The Company has a number of X-ray based systems that have already been named to the TSA’s Air Cargo Qualified Technology List (ACQTL) for Air Cargo Inspection, including the Rapiscan 620DV, Rapiscan 627DV, Rapiscan 632DV, Rapiscan 638DV, Rapiscan 620XR, Rapiscan 627XR and Rapiscan 628XR.

 Rapiscan is providing many of its TSA approved air cargo inspection technologies under these contracts. The systems, including the Rapiscan 632DV, 620DV-AT and Rapiscan 627XR, are specifically tailored for the high volume inspection requirements of the air cargo industry. The solutions provide best in class imaging and additional software features that enable fast and secure inspection of various cargo commodities and sizes ranging from “per piece” inspection to scanning skids and netted cargo.

May 13, 2010

 Rapiscan Systems Receives Approximately $6 Million in New Orders for Advanced Personnel Screening Solution; New Contracts Raise Total Value of Fiscal 2010 Orders for Secure 1000 People Screening Solution to Approximately $50 Million

Rapiscan Systems, a leading supplier of security inspection systems, today announced that is was awarded multiple customer contracts with a combined value of approximately $6 million for its Rapiscan Secure 1000 personnel screening system. The value of these orders raises the total value of orders received for the Rapiscan Secure 1000 system in the Company’s fiscal year ending June 30, 2010, to approximately $50 million.

Ajay Mehra, President of Rapiscan Systems, stated, “Following on from our recently announced order from the US Transportation Security Administration, these most recent contract awards from multiple customers demonstrate the growing demand for the Secure 1000 product line globally. We are seeing significant customer interest in the Rapiscan Secure 1000, not only in aviation but for other security applications due to the systems proprietary technology which offers customers the best combination of security and operational efficiency, as it can detect small, non-metallic concealed threats very quickly and with excellent image resolution. This means that there is better threat detection, fewer false alarms and a reduced need for physical patdown searches.”

Used by aviation authorities, military organizations, homeland security, and police and correctional facilities, the Rapiscan Secure 1000 family of body scanners is one of the world’s most widely deployed advanced people screening solutions. The Rapiscan Secure 1000 family of technologies has been approved by regulators worldwide and is being deployed at airports globally. Its proprietary backscatter technology and image processing software enables the system to produce high-resolution images that allow an operator to easily identify concealed threat and contraband items. It is ideal for high security environments because unlike traditional metal detectors, it can detect organic and non-metallic items (e.g. plastic explosives, liquids, narcotics, ceramic weapons), as well as metallic threat items. Using the Rapiscan Secure 1000’s imaging capability, security screeners can detect concealed objects without a physical patdown search. By reducing false alarms and by making it easier to pinpoint the location of concealed items, the Rapiscan Secure 1000 also significantly improves checkpoint throughput and staffing efficiency.

Posted on : 2009-02-12 | Author : OSI Systems, Inc.
News Category : PressRelease

Press Releases

Rapiscan Systems Receives Two Advanced Technology Contracts from the U.S. Domestic Nuclear Detection Office

• Thursday December 4, 2008, 8:00 am EST

Rapiscan Systems  Andrew Goldsmith  Vice President, Global Marketing  

OSI Systems Gets $4.4 Million Order for TSA's Advanced Technology Program
Saturday, May 10, 2008; Posted: 07:35 PM

OSIS | news | PowerRating | PR Charts -- OSI Systems, a provider of electronic products for critical applications in the security and healthcare industries, announced that its Security division, Rapiscan Systems, has been awarded a follow on order for $4.4 million from the United States Transportation Security Administration (TSA) for its 620DV Advanced Technology X-ray systems.

The order was placed under the company's previously announced Indefinite Delivery Indefinite Quantity (IDIQ) Contract with the TSA that included follow on options of up to $97 million.

The order will be used to fulfill the deployment of Advanced Technology (AT) Passenger Carry-On Bag Screening Systems at select U.S. airport locations.

Rapiscan Systems President Ajay Mehra stated, "We are committed to supporting the TSA's efforts to deploy advanced technology systems at hundreds of airport checkpoints by year's end. Under the terms of the program we will provide production, field service and program management support to the U.S. government."

Rapiscan Systems, a division of OSI Systems, is a supplier of security inspection solutions utilizing X-ray and gamma-ray imaging, and threat identification techniques such as neutron and diffraction analysis.

OSI Systems Awarded $7.3 Million Contract for Multiple Relocatable Cargo Inspection Systems

HAWTHORNE, Calif.(BUSINESS WIRE)--OSI Systems, Inc. (NASDAQ:OSIS), a vertically integrated provider of specialized electronic products for critical applications in the Security and Healthcare industries, announced today that its Security division, Rapiscan Systems, had been awarded a $7.3 million contract from the United States Army for multiple relocatable Gamma Radiographic Detection Systems (“GaRDS”). The systems are to be deployed in multiple undisclosed international locations.

Ajay Mehra, President of Rapiscan Systems, stated, “We are pleased to continue our expansion in the DoD cargo and vehicle inspection market. Our GaRDS product line was developed specifically for customers that need to detect a wide range of threats in challenging operational environments. This award demonstrates the growing demand within DoD for this type of solution and underscores our position as one of the leading providers of critical force protection equipment to U.S. forces overseas."

The Rapiscan GaRDS product line detects hidden contraband, including weapons, explosives, weapons of mass destruction, drugs and undeclared goods. The systems, available in fixed, mobile, relocatable and gantry configurations, have an intrinsically lower radiation field when compared to equivalent X-ray systems. They require a smaller operational area and exclusion safety zone than other inspection systems. Rapiscan Systems has deployed numerous GaRDS units to other parts of the United States and other government customers around the world.

About OSI Systems, Inc.

OSI Systems, Inc. is a diversified global developer, manufacturer and seller of security and inspection systems, medical monitoring and anesthesia delivery products, and optoelectronic-based components, as well as a provider of engineering and manufacturing services. 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. OSI Systems 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.

About Rapiscan Systems

Rapiscan Systems, a division of OSI Systems, Inc. is a leading supplier of high quality security inspection solutions utilizing X-ray and gamma-ray imaging, and advanced threat identification techniques such as neutron and diffraction analysis. The company’s products are sold into four market segments; Baggage and Parcel Inspection, Cargo and Vehicle Inspection, Hold Baggage Screening and People Screening. The company has an installed base globally of more than 50,000 security and inspection systems. The Rapiscan Systems product line is manufactured at four locations and supported by a global support service network. For more information on Rapiscan Systems, please visit www.rapiscansystems.com.

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, the company’s contract to deliver its Gamma Radiographic Detection System to the U.S. Government. The actual results may differ materially from those described in or implied by any forward-looking statement. In particular, the performance, timing, and delivery of the systems may not ultimately remain in line with the company’s current expectations. Other important factors are set forth in the Securities and Exchange Commission filings OSI Systems, Inc. All forward-looking statements speak only as of the date made, and the company undertakes no obligation to update these forward-looking statements.

Jan 01, 2007

Shri VH Ron joined ECIL-RAPISCAN LIMITED as Managing Director on 01st January 2007. Earlier, Shri Ron was Chairman & Managing Director of M/s Electronics Corporation Of India Limited, Hyderabad.

Shri Ron had a brilliant academic carrier and graduated in Electronics and Telecommunication from the University of Pune with distinction and was the recipient of the gold medal for academic excellence having stood first in the University.

The exemplary leadership abilities demonstrated by Shri Ron, during his tenure at ECIL, brought all round recognition and a number of prestigious awards for ECIL as well for himself. The SCOPE Award for Excellence and Outstanding Contribution to the Public Sector in the Turnaround Category for ECIL in a testimony to the exemplary leadership Shri Ron provided under trying circumstances to effect not merely an incredible turnaround but to take the company to higher levels of growth and performance. This brilliant comeback story has now become a case study for Management Institutes and an inspiration for those Public Enterprises who are endeavoring to achieve similar success. Shri Ron was awarded 'Life Time Achievement Award' from Industrial Automation, India's Leading Industrial Electronics Magazine and the 'Udyog Rattan' Award from the Institute of Economic Studies are a true recognition for the inimitable leadership abilities.

Very widely traveled, Shri Ron has clear perception regarding global businesses and the issues involved. Shri Ron is a Senior Member of IEEE.