Rapiscan Systems Receives a Contract from DHL to provide Pan-European Air Cargo
April 27, 2011 Torrance, CA
Rapiscan Systems, has been awarded a pan-European contract valued at approximately $12 million by DHL, one of the world’s leading logistics and air cargo companies. The systems to be provided include Rapiscan’s high speed MVXR5000 Explosives Detection Systems, which are used for screening of very high volumes of parcels, as well as Rapiscan’s 600 series large tunnel dual view air cargo X-ray scanners, which are designed to screen large parcels and air cargo pallets. The Rapiscan screening solutions will enable DHL to further enhance their robust security capabilities.
OSI Systems' CEO, Deepak Chopra, stated, “We look forward to providing these screening solutions to DHL. With a broad range of qualified inspection platforms for air cargo screening, OSI stands to benefit as companies handling air cargo continue to upgrade their security infrastructure.”
Rapiscan Systems, Inc., a division of OSI Systems, Inc., is a leading global supplier of 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 70,000 security and inspection systems. The Rapiscan Systems product line is manufactured at four locations and supported by a global support service network. As the world's leading security screening provider, Rapiscan Systems provides state of the art products, solutions and services that meet our customers' most demanding threat detection needs --- while improving their operational efficiency.
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 performance of the Company's 620DV product. 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.
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