To: Johnny Canuck who wrote (25636 ) 3/17/2000 8:51:00 AM From: xcr600 Read Replies (1) | Respond to of 68399
Hi Harry, have you heard of this co?biz.yahoo.com Friday March 17, 5:59 am Eastern Time Company Press Release OSI Systems Announces Breakthrough 2.5 Gigabit Per Second Silicon-Based Fiber Optic Detector HAWTHORNE, Calif.--(BUSINESS WIRE)--March 17, 2000--OSI Systems Inc. (Nasdaq:OSIS - news), a worldwide provider of optical components, pressure-sensitive electronic subsystems, and security solutions, today announced that its UDT Sensors division has developed a 150 micron diameter silicon-based fiber optic detector which can achieve 2.5 Gigabit per second data rates when operated at a 3.3 volt power supply. The addition of the new 2.5 Gigabit per second high-speed silicon detector to UDT's line of products now gives UDT a solution for voice and data transmission over fiber-optic based local area networks, or LANs. Deepak Chopra, CEO of OSI Systems, stated: ``Our recent breakthroughs are very exciting. By overcoming previous limitations in silicon processing, we are able to provide a cost-effective alternative to Gallium Arsenide and Indium Gallium Arsenide, the predominant materials currently used in fiber optic detectors. ``Silicon provides considerable benefits over Gallium Arsenide and Indium Gallium Arsenide, since it is significantly lower in cost, and is easier to connect to the fiber due to a large active area. We feel that our new detectors should gain wide market acceptance as a very compelling alternative to Gallium Arsenide and Indium Gallium Arsenide.' UDT's product portfolio includes large area (250 micron to 400 micron diameter) silicon detectors, and small area (150 micron diameter) silicon detectors, both of which operate at 3.3 and 5 volt power supplies. Assembly and interconnection to fiber is easier due to the large active area diameter, which can eliminate the very labor intensive manufacturing step called ``active alignment.' These detectors are suitable for the following applications: ATM OC-12 (622Mb/s), Fast Ethernet (100Mb/s), Fibre Channel (1.06 & 2.12Gb/s), Gigabit Ethernet (1.25Gb/s), and ATM OC-48 (2.5Gb/s). About OSI Systems Inc. OSI Systems Inc. is a worldwide manufacturer and seller of X-ray inspection and metal detection systems under the trade names Rapiscan(TM), Metor(TM) and Secure(TM). OSI also sells complete life science applications systems, including X-ray and ultrasound products for detecting osteoporosis under the trade names UltraSure(TM) and DexaCare(TM). In addition, OSI designs, manufactures and sells optical and pressure-sensitive electronics systems and subsystems worldwide through its global network of sales and manufacturing facilities in Singapore, Malaysia, Norway, Finland, the United Kingdom and the United States. OSI customers include many of the leading Fortune 1000 companies. OSI's products are used in a broad range of applications in the security, medical, fiber-optics, communications, aerospace, oil exploration and automotive industries. ``Safe Harbor' Statement Under the Private Securities Litigation Reform Act of 1995: The statements contained in this release that are not historical facts are forward-looking statements that are subject to risks and uncertainties including those risks detailed in the company's Securities and Exchange Commission filings that could cause actual results to differ materially from those set forth in or implied by forward-looking statements. In addition to the factors discussed in the filings with the Securities and Exchange Commission, among the other factors that could cause actual results to differ materially are the following: adverse changes in the business conditions and the general economy; competitive factors, such as rival companies' pricing and marketing efforts; availability of third-party material products at reasonable prices; the financial condition of the customer; risks of obsolescence due to shifts in market demand and litigation involving product liabilities and consumer issues. -------------------------------------------------------------------------------- Contact: OSI Systems Inc., Hawthorne Ajay Mehra, 310/978-0516 or Venture Catalyst Inc., Santa Monica Sanjay Sabnani, 310/399-4059