Saturday, November 20, 2010
Friday, November 19, 2010
Rapiscan Systems Receives Orders for $35M for Advanced Aviation Checkpoint X-Ray Systems
Rapiscan Systems, a leader in advanced security screening solutions, today announced that it has received orders from the Transportation Security Administration (TSA) totaling $35 million for the Rapiscan 620DV Advanced Technology (AT) checkpoint X-ray baggage inspection system. The delivery orders are among the first to be placed by TSA under the terms of a five year Indefinite Delivery, Indefinite Quantity (IDIQ) contract. The 620DV AT systems will be deployed by TSA at airport checkpoints in the United States, where they will be used to screen passengers' carry-on baggage.
Deepak Chopra, CEO of OSI Systems, commented: "TSA is widely regarded as one of the most demanding customers in terms of advanced threat detection, product reliability and operational performance. This order from TSA confirms that the Rapiscan 620DV is truly a state-of-the-art aviation threat detection solution that also improves checkpoint efficiency and the experience of passengers."
The Rapiscan 620DV is an advanced checkpoint screening system that uses advanced technology to automatically indicate potential threats while improving checkpoint efficiency. The 620DV's proprietary multiple view X-ray technology provides systems operators with a more comprehensive view of the items screened, which in turn reduces the need for time consuming re-scanning of bags as they go through a checkpoint. To date, Rapiscan has received orders for approximately 1,000 620DV systems which have been deployed to airports worldwide.
Ajay Mehra, President of Rapiscan Systems commented: "We are very pleased that TSA has selected the 620DV for deployment at U.S. airports. The system?s flexibility, along with its outstanding technical and operational capabilities, ensures that it will remain a key contributor to aviation security for years to come."
About Rapiscan Systems
Rapiscan Systems, 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. The company was recognized for its market leadership with one of the United Kingdom's most prestigious distinctions, The Queen's Awards for Enterprise, and named by Frost & Sullivan as the 2008 North American Homeland Security Inspection and Screening Company of the Year. 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 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.
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Wednesday, November 17, 2010
TSA Places $16 Million Order for Multiple Units of OSI Systems' Secure 1000 Single Pose Advanced Imaging Technology (AIT) Systems
Systems Purchased with American Recovery and Reinvestment Act (ARRA) Funds Second Order Placed under $173 Million IDIQ Contract
Total Orders Received To Date Are Approximately $40M
HAWTHORNE, Calif., Apr 29, 2010 (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 it has received an approximate $16 million order from the U.S. Transportation Security Administration (TSA) for multiple units of its Secure 1000 Single Pose Advanced Imaging Technology (AIT) systems--funded under the American Recovery and Reinvestment Act. This is the second order to be placed under Rapiscan's Indefinite Delivery, Indefinite Quantity (IDIQ) contract received from TSA in September 2009 for up to $173M.
The Secure 1000 Single Pose is on the Transportation Security Administration's Qualified Products List and is currently being deployed at airports throughout the U.S. The systems will be manufactured at the company's Ocean Springs, Mississippi facility.
About OSI Systems, Inc.
OSI Systems, Inc. is a vertically integrated designer and manufacturer of specialized electronic systems and components for critical applications. The Company sells its products in diversified markets, including homeland security, healthcare, defense and aerospace. 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. It 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. 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, order that may be placed under the IDIQ contract issued to Rapiscan Systems. The actual results may differ materially from those described in or implied by any forward-looking statement. In particular, because the contract is an IDIQ arrangement, the Government may not ultimately place orders with Rapiscan Systems for the full contract amount. 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.
SOURCE: OSI Systems, Inc.
OSI Systems Inc
Vice President, Investor Relations
Copyright Business Wire 2010
FLASHBACK: Did President George W. Bush Acquire Over 98,000 Acres in Paraguay near Acuifero Guaraní? (2006)
The land grab project of US President George W. Bush in Chaco, Paraguay, has generated considerable discomfort both politically and environmentally.
The news circulating the continent about plans to buy 98,840 acres of land in Chaco, Paraguay, near the Triple Frontier (Bolivia, Brazil, Paraguay) is the talk of the town in these countries...
Argentinean Adolfo Perez Esquivel warned that the real war will be fought not for oil, but for water, and recalled that Acuifero Guaraní is one of the largest underground water reserves in South America, running beneath Argentina, Brazil, Paraguay and Uruguay (larger than Texas and California together).
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Source: Archive.org (Prensa Latina)
Call me skeptical, but I don't believe that this young woman committed suicide by cyanide. I just do not believe it.
A University of South Florida molecular biologist died Monday night in an apparent suicide by cyanide at a Temple Terrace hotel, police said.
Something is quite fishy especially considering that Dr. Chitra Chauhan earned her doctorate from the Institute of Genomics and Integrative Biology in New Delhi, India, in 2005, then studied mosquitoes and disease transmission at the University of Notre Dame. Dr. Chauhan also collaborated on the 2009 research paper piggyBac is an effective tool for functional analysis of the Plasmodium falciparum genome. Based on the current Notre Dame page, Dr. Chauhan was working on microarray studies of dengue infections.
In the last few years, numerous microbiologists have died under strange and mysterious circumstances and I sense a connection to this latest suicide. The powers-that-be will eventually go for broke at some point in near future with a man-made pandemic that will allow the centralized governments to take full control of the respective countries through martial law and mandatory vaccinations. If there was a "fake" pandemic, a trained and experienced microbiologist is someone who could potentially verify the origin of said pandemic.
It is well-known that there has been a recent outbreak of dengue fever in the Caribbean. It is also documented that genetically modified mosquitoes have been used in Malaysia and the Cayman Islands to fight dengue fever. University of Arizona scientists have even created so-called "malaria-proof" mosquitoes.
If the technology exists to genetically modify mosquitoes to fight disease, the technology also exists to genetically modify mosquitoes to spread disease. Alleged eugenicist Bill Gates has stated that he has no problem killing nearly a billion people through various medical procedures and practices, and Mr. Gates has also released mosquitoes in a public forum to prove his point about allegedly fighting malaria in developing countries (click the picture below to watch the YouTube video of this event).
Source: St. Petersburg Times
Tuesday, November 16, 2010
OSI Systems Chief Executive Officer Joins US Presidential Visit to India
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 Deepak Chopra, Chairman and CEO, was selected to accompany US President, Barack Obama, to Mumbai and attended the US India Business Entrepreneurship meeting, which was held by the US India Business Council (US IBC). The goal of the meeting was to promote further trade between US and India.
Deepak Chopra, OSI Systems President and Chief Executive Officer, stated, "I am honored to be selected to play a role in this very important cause. Currently the trade between US and India is only one tenth of the amount of trade between US and China. There is substantial opportunity to improve the trade relations with India for mutual economic gain."
The US India Business Council is a business advocacy organization representing America's top companies investing in India, joined by global Indian companies, with an aim to deepen trade and strengthen commercial ties.
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
OSI Systems Inc
Vice President, Business Development
Source: OSI Systems, Inc.
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