Press release

OSI Systems Amends Credit Facility

Sponsored by Businesswire

OSI Systems, Inc. (NASDAQ: OSIS) (the “Company” or “OSI Systems”) today
announced that it has entered into an amendment to its senior secured
credit facility that increases the amount available to borrow to $535
million, lowers borrowing costs, increases the flexibility of certain
restrictive provisions, including those related to permitted
acquisitions and dispositions, and extends the maturity from December
2021 to April 2024.

Alan Edrick, Executive Vice President and Chief Financial Officer,
stated, “We are pleased to successfully complete this amendment, which
includes many additional favorable terms that enhance our financial
flexibility to support continued growth while simultaneously reducing
our borrowing costs. This transaction highlights not only the strength
of our business, but also the continued strong support from our lenders.”

Wells Fargo Securities, LLC, Merrill Lynch, Pierce, Fenner & Smith
Incorporated (formerly known as Banc of America Securities LLC) and
JPMorgan Chase Bank, N.A. served as Joint Lead Arrangers and Joint

Wells Fargo Bank, National Association, will serve as the Administrative
Agent on the facility.

About OSI Systems

OSI Systems 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.
The Company combines more than 40 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 or
any of its subsidiary companies, visit OSI
. News Filter: OSIS-G

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. Undue reliance should not be placed on
forward-looking statements, which 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.