Rapiscan Systems Announces Inclusion of Four Products on TSA Technology List
September 21, 2009 Torrance, CA
Rapiscan Systems, Inc., a leading global supplier of security inspection systems, today announced that the Rapiscan 620DV, Rapiscan 632DV, Rapiscan 638DV and Rapiscan MVXR5000 have been included on the Transportation and Security Administration's ("TSA") Candidate Technology List for Air Cargo Inspection.
Rapiscan Systems President, Ajay Mehra, stated, "The Rapiscan 632DV and Rapiscan 638DV were developed and launched this year specifically for the emerging air cargo market. Their inclusion on the TSA Candidate Technology List along with the previously introduced Rapiscan 620DV and Rapiscan MVXR5000 underscores our ability to develop solutions that meet the evolving needs of our customers. Our innovation and expertise make us highly qualified to serve the global air cargo community. We look to continue to expand our screening options available to air cargo companies globally."
The TSA's Certified Cargo Screening Program requires 100% inspection of air cargo carried on passenger airplanes by August 2010. To date the Company's air cargo products have been deployed by a range of air cargo companies, including Indirect Air Carriers (IACs), passenger and cargo-only airlines, freight forwarders and other commercial freight companies.
About Rapiscan Systems
Rapiscan Systems, a division of OSI Systems, Inc. is a leading supplier of security inspection solutions utilizing X-ray and gamma-ray imaging, and advanced threat identification techniques such as neutron and diffraction analysis. The companys products are sold into four market segments; Baggage and Parcel Inspection, Cargo and Vehicle Inspection, Hold Baggage Screening and People Screening. The company has sold more than 70,000 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 companys expectations, goals or intentions about the future, including, the companys contracts for air cargo inspection products. The actual results may differ materially from those described in or implied by any forward-looking statement. In particular, the timing, and delivery of the air cargo inspection systems may not ultimately remain in line with the companys 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.
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