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OSI SYSTEMS OSI Systems, Inc. (NASDAQ: OSIS) is a worldwide company based in California that develops and markets security and inspection systems such as airport security X-ray machines and metal detectors, medical monitoring and anesthesia systems, and optoelectronic devices.  INC inc - /ink/ increment, i.e. increase by one. Especially used by assembly programmers, as many assembly languages have an "inc" mnemonic.

Antonym: dec.
.

Symbol: OSIS OSIS Open Source Information System (now Intelink-U; US DOD)
OSIS Ocean Surveillance Information System
OSIS One-Stop Internet Shop (European Union)
OSIS Open Scriptural Information Standard
  Exchange: NASDAQ NASDAQ
 in full National Association of Securities Dealers Automated Quotations

U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on
  Close: $17.58 1-WK % Chg: -7.2%

Business Overview

OSI Systems inc. designs, manufactures and markets security and inspection systems to end users under the Rapiscan, Secure, Ancore and Metor brand names. These products are used to inspect people, baggage, cargo, vehicles and other objects for weapons, explosives, drugs and other contraband. These systems are also used for the safe, accurate and efficient verification of cargo manifests for the purpose of assessing duties and monitoring the export and import of controlled materials. The company also provides optoelectronic devices and value-added subsystems that are used in a range of applications, including aerospace and defense electronics, security and inspection systems, medical diagnostics, fiber optics fiber optics, transmission of digitized messages or information by light pulses along hair-thin glass fibers. Each fiber is surrounded by a cladding having a high index of refractance so that the light is internally reflected and travels the length of the fiber , telecommunications, gaming, office automation, computer peripherals and industrial automation. In the medical field, OSI (1) (Open System Interconnection) An ISO standard for worldwide communications that defines a framework for implementing protocols in seven layers. Control is passed from one layer to the next, starting at the application layer in one station, proceeding to the  designs, manufactures and markets bone densitometers, which are used to provide bone density measurements in the diagnosis of osteoporosis, and to provide an early-stage detection of potential development of osteoporosis.
Income Statement               LTM *   2003 **

Revenue (millions)            $202.2    $182.6
Operating Income (millions)     16.6      22.0
Net Income (millions)           13.0      15.8
EPS                            $0.87     $1.09

Summary

Headquarters: Hawthorne
Market Cap: $284.2 million
Dividend Yield: None
P/E Ratio: 19.5

* Latest twelve months ended March 2004

** Fiscal year ended June 2003


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Title Annotation:The LABJ stock index: tracking 200 selected Los Angeles county-based companies
Publication:Los Angeles Business Journal
Article Type:Brief Article
Geographic Code:1USA
Date:Aug 16, 2004
Words:223
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