Rapiscan Systems Wins Queens Award, Recognition of Companys’ Continued Success in EMEA Region
April 30, 2008 Redhill, Surrey
Rapiscan Systems Ltd, a market-leading supplier of high quality security inspection solutions utilizing X-ray and gamma-ray imaging and advanced threat identification techniques, has received The Queens Awards for Enterprise. This prestigious award, in the International Trade category, recognises Rapiscan Systems sustained business growth in the Europe, Middle East and Africa (EMEA) region.
The Queens Award for International Trade is awarded annually to very select UK companies that have demonstrated outstanding overseas commercial success, sustained over several years.
Rapiscan Systems UK has grown tremendously over the last three years, tripling its revenue during 2005-2007. This impressive growth is driven by demand across the EMEA region for advanced security technology solutions, particularly from border security and customs authority customers.
Rapiscan Systems Managing Director Frank Baldwin expressed his delight at the companys award:
This is a tremendous honour for Rapiscan Systems. The Queens Award is testimony to the dedication and talent of our team and the innovative approach of our company. I am proud that a British company is enhancing security worldwide and has had its efforts recognised by Her Majesty, said Baldwin.
Rapiscan Systems is determined to continue our success of the last three years. Our UK operations will remain a driver for overall company growth and I am keen for us to meet our potential, added Baldwin.
For further information please contact:
Director, Government Affairs, Europe
Tel: +32 2 649 9151
Note to Media:
About Rapiscan Systems: Rapiscan Systems, a division of OSI Systems Incorporated, is a leading supplier of high quality security inspection solutions. Rapiscan products utilise X-ray and gamma-ray imaging, along with 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 installed in excess of 50,000 security and inspection systems globally. Rapiscan Systems offer an array of cutting edge products which, are manufactured at four state of the art locations and supported by a global support service network. For more information on Rapiscan Systems, please visit www.rapiscansystems.com
About the Queens Award: The Queens Awards are bestowed each year by Her Majesty the Queen based on recommendations from the Prime Minister. The Prime Ministers recommendations are based on advice received from an Advisory Committee composed of leading figures from government, industry and commerce. The awards were developed to recognise Britains most outstanding companies and pay tribute to innovation that is vital to the countrys economy. Diverse in nature, past winners include Aston Martin, Dyson and Herman Miller Limited.
Safe Harbor Statement
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 ability to continue to grow in the EMEA region as previously demonstrated. 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 mobile cargo and vehicle inspection 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.