RNS Number:4444K
Spacelabs Healthcare Inc.
20 December 2007


OSI Systems, Inc.: Spacelabs Healthcare Merger Announcement


HAWTHORNE, CA--(Marketwire - December 20, 2007) - OSI Systems, Inc. announces
today that pursuant to previously published plans it has effected a Delaware
short-form merger of Spacelabs Healthcare (LSE: SLAB). As a result, Spacelabs
Healthcare is now a wholly owned subsidiary of OSI Systems. Within the next 10
days, notification of the merger, together with details regarding procedures for
claiming the 100p consideration per share, and related information, will be sent
to Spacelabs' pre-merger stockholders.


This press release contains forward-looking statements within the meaning of
Section 27A of the Securities Act of 1933, as amended, and Section 21E of the
Securities Exchange Act of 1934, as amended. Such statements include information
regarding the Company's expectations, goals or intentions about the future,
including the Company's predictions with regard to the prospective performance
of, and market acceptance of, its products. The actual results may differ
materially from those described in or implied by any forward-looking statement.
Other important factors are set forth in our Securities and Exchange Commission
filings. All forward-looking statements speak only as of the date made, and we
undertake no obligation to update these forward-looking statements.



Enquiries:

OSI Systems, Inc.
Tel: +1 310 349 2372
Jeremy Norton



                      This information is provided by RNS
            The company news service from the London Stock Exchange

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