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OSI Systems, Inc. (the "Company" or "OSI Systems") (NASDAQ:OSIS) today announced that its latest computed tomography (CT) solution for cabin baggage screening, the 920CT, has received Standard C2 approval by the European Civil Aviation Conference (ECAC) for airport checkpoints.
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ECAC has established the Standard C2 under the Explosives Detection Systems for Cabin Baggage (EDScb). This standard establishes that large electronics such as laptops no longer need to be removed for screening.
"Evolving global threats to public safety have made regulatory board-certified solutions, like the 920CT, a critical path to establishing enhanced security at the checkpoint. We are proud that this system has achieved ECAC Standard C2 approval and look forward to working with airports in international markets to deploy this solution," said Deepak Chopra, OSI Systems' Chairman and CEO.
The Rapiscan® Systems 920CT, powered by Analogic, was designed to increase the security and efficiency of checkpoint operations. The advanced threat detection software embedded within the system is capable of quickly identifying and highlighting potential threats. The 920CT has also been engineered to work in conjunction with the Company's Rapiscan Tray Return System (TRS™) to improve checkpoint flow and passenger throughput.
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Forward-Looking Statements
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements relate to OSI Systems' current expectations, beliefs, and projections concerning matters that are not historical facts. Forward-looking statements are not guarantees of future performance and involve uncertainties, risks, assumptions, and contingencies, many of which are outside OSI Systems' control and which may cause actual results to differ materially from those described in or implied by any forward-looking statements. All forward-looking statements are based on currently available information and speak only as of the date on which they are made. OSI Systems assumes no obligation to update any forward-looking statement made in this press release that becomes untrue because of subsequent events, new information, or otherwise, except to the extent it is required to do so in connection with its ongoing requirements under Federal securities laws. For a further discussion of factors that could cause OSI Systems' future results to differ materially from any forward-looking statements, see the section entitled "Risk Factors" in OSI Systems' most recently filed Annual Report on Form 10-K and other risks described therein and in documents subsequently filed by OSI Systems from time to time with the Securities and Exchange Commission.
View source version on businesswire.com: https://www.businesswire.com/news/home/20180618005409/en/
Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.