OSI Systems' Subsidiary, Metorex Security Products, and Imagis Technologies Announce Prototype Walk-Through Metal Detector and Biometric Portal.

Business Editors

HAWTHORNE, Calif.--(BUSINESS WIRE)--Oct. 28, 2002

Will Be Unveiled at AVSEC Conference in Rome, Italy

OSI Systems, Inc.'s (NASDAQ: OSIS) wholly-owned subsidiary Metorex Security Products Oy and Imagis Technologies Inc. (OTCBB: IGSTF) (CDNX: NAB) (Germany: IGY) jointly announced the unveiling of a working, proof-of-concept prototype of a walk-through biometric imaging hardware security solution at the AVSEC World 2002 Conference in Rome, Italy.

The prototype, referred to as "METOR-ID," is a walk-through security system combining Imagis' ID-2000(TM) face recognition technology with Metorex's walk-through metal detection technology. While still only a prototype, the marriage of these powerful technologies has the potential to produce a unique and powerful security system that can be deployed at any choke point to monitor and control entry and exit. Potential markets include airport security, prisons or other correctional facilities, industrial, corporate and government buildings and facilities. In addition METOR-ID should easily work with and complement existing security systems.

The units being demonstrated at AVSEC are early-stage, proof-of-concept prototypes and may undergo substantial design revisions before any production models are ultimately standardized. Customer and/or beta-site feedback will determine the viability of this new security and identification technology. No specific time frame for launch has been determined at this time.

OSI Systems is a strategic partner and significant shareholder in Imagis, having acquired an approximately 6% stake in the company for $1.75 million earlier this year. As part of the investment, OSI Systems and Imagis had entered into an exclusive strategic alliance to develop and market biometric hardware solutions for passenger and package screening applications.

"We are eager to add biometric solutions to our existing portfolio of passenger screening technologies," said Deepak Chopra, Chairman and CEO of OSI Systems. "This portal demonstrates our ability to combine our hardware engineering expertise with Imagis' extensive software capabilities."

"The walk-through metal detector represents a very controlled entry point at most secure locations," continued Chopra. "Our hope is to leverage our significant installed base of walk-through metal detectors and provide those customers with added capabilities."

"METOR-ID represents the first milestone in our relationship with OSI Systems and their Security Group subsidiaries," said Iain Drummond, President and CEO, Imagis Technologies Inc. "We are very pleased to have produced -- in conjunction with Metorex -- this first working prototype in just over two months, and we look forward to our continued cooperation in developing security and identification solutions for a variety of different applications and environments."

About AVSEC World Consortium

AVSEC World 2002 is a joint event which is produced by a consortium of Airports Council International, European Civil Aviation Conference & IATA Conferences & Exhibitions, in co-operation with ICAO.

About Imagis Technologies Inc.

Imagis Technologies Inc. (OTCBB: IGSTF) (CDNX: NAB) (Germany: IGY) is a leading developer of biometric systems using advanced facial and image recognition technology and database management software. This includes identification and security solutions for use in law enforcement and public safety, airports, customs and immigration, driver's licenses and passports, and other government agency and private-sector industries.

The Company, whose Chairman is Oliver "Buck" Revell, the former Associate Deputy Director of the FBI, has over 140 installations of its software located across the United States, the United Kingdom, Canada, Latin America, and Asia-Pacific. This includes one of the UK's national police agencies, more than 50 RCMP detachments and police departments across Canada, over 40 police departments across the U.S., New Zealand Customs, and Toronto's Pearson International Airport.

For more information on Imagis Technologies, please visit http://www.imagistechnologies.com.

About OSI Systems Inc.

OSI Systems Inc. is a diversified global developer, manufacturer and seller of optoelectronic-based components and systems. The company has more than 30 years of optoelectronics experience, and through its family of subsidiaries, competes in four specific growth areas: OEM Manufacturing, Security, Medical and Fiber Optics. OSI Security Group is comprised of Rapiscan Security Products Inc., an X-ray systems developer and Metorex Inc., a leading provider of metal detector solutions. OSI Systems Security Group products have been deployed worldwide for use in airports, customs facilities, courthouses, government buildings, prisons, embassies and other locations.

For more information about OSI Systems Inc., please visit http://www.osi-systems.com.

For more information about Metorex Inc., please visit http://www.metor.net.

"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; and a change in the demand for security systems based upon the ever changing domestic and international political climate.