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Stock impact report

Viken Detection Issues Statement on AS&E Lawsuit

OSI Systems, Inc. (OSIS) 
Last osi systems, inc. earnings: 4/30 04:00 pm Check Earnings Report
US:NASDAQ Investor Relations: investors.osi-systems.com
Company Research Source: Business Wire
BURLINGTON, Mass.--(BUSINESS WIRE)--Viken Detection, pioneer of x-ray imaging handheld devices and vehicle scanners, today commented on a lawsuit recently filed by AS&E, a division of Rapiscan and OSI Systems (NASDAQ: OSIS).Viken Detection issued the following statement:Last week AS&E filed a groundless lawsuit against Viken Detection and its CTO, Dr. Peter Rothschild, based on concocted allegations of events that supposedly took place over six years ago, when Dr. Rothschild left AS&E to start Viken. The timing of their lawsuit comes just prior to impending large government tenders for new vehicle scanning equipment to be used to thwart high-volume drug trafficking at the U.S. southern border.Viken and AS&E are the only two providers that use backscatter X-ray for vehicle scanners, an essential technology for drug interdiction. In fact, Viken’s recently launched Opsrey-UVXTM is the only under-vehicle scanner using this technology, which helps officers quickly, safely and effective Show less Read more
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