Spacelabs Healthcare, Inc.


Spacelabs Healthcare, Inc.
12525 Chadron Ave
Hawthorne CA 90250
(310) 349 2237
Contact: Jeremy Norton - Director of Investor Relations

Spacelabs Healthcare, Inc., (LSE: SLAB) an international medical equipment
company listed on the London AIM market, announced today that it has expanded
its patient monitoring product portfolio with the launch of the MCare 300 low
acuity patient monitor.

The MCare 300 is a stand alone low acuity patient monitor as compared to the
Company's successful UltraviewSL patient monitor product line which is fully
networked within the hospitals IT infrastructure. The MCare 300 can be
customized to meet the customers' specifications for patient parameters to be
monitored. Standard configuration includes 3 and 5 lead electrocardiogram
("ECG"), respiration, SPO2, temperature and non-invasive blood pressure
monitoring. The monitor utilizes the same touch screen interface as the
UltraviewSL product line and is equipped with internal default alarms that can
be configured for adult, pediatric and neonatal patients.

The product is ideally suited for day surgery centers and also traditional
hospitals where it could be used as a step down unit bridging the gap between
their high-end networked monitoring systems and stand alone monitoring. The
monitor will be available in nineteen languages and distributed internationally
through the Company's distributors and direct sales force. Distribution within
the U.S. follows receipt earlier of 510(k) approval from the U.S. Food and Drug
Administration ("FDA") permitting the MCare 300 to be distributed in the United
States market.

Deepak Chopra, Spacelabs' CEO, stated, "The launch of the new MCare 300 low
acuity patient monitor is an important step in growing our patient monitoring
business internationally, especially in the emerging markets of India and China.
The product was designed and developed to specifically address the opportunity
in the growing day surgery center market while also enabling us to provide a
stand alone patient monitor to our traditional customer base. While the day
surgery center market is a new market for us, we intend to utilize our strong
global brand recognition and extensive international distribution channels to
make the launch a success."

About Spacelabs Healthcare, Inc.

Spacelabs Healthcare, Inc. (www.spacelabshealthcare.com) is an international
developer, manufacturer and distributor of medical equipment and services
including patient monitoring solutions, anesthesia delivery and ventilation
systems, diagnostic cardiology solutions and supplies and accessories selling to
hospitals, clinics and physicians offices. Additionally, the company provides
ECG laboratory services to pharmaceutical companies undertaking clinical trials,
whereby patient ECG data is recorded, analyzed, tabulated and interpreted. The
company has established brand names in both medical devices and medical services
such as "Spacelabs," "Blease," "Del Mar Reynolds" and "Dolphin." It employs
approximately 1,500 personnel in its offices located in the United States, UK,
Canada, France, Germany, Finland, India and Singapore.

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, but not limited to, statements regarding the launch of the MCare 300,
locations where it will be used by customers, languages in which it will
operate, and the resources that the Company will utiliz in the launch of this
product. The actual results may differ materially from those described in or
implied by any forward-looking statement. Other important factors are set forth
in the Securities and Exchange Commission filings of OSI Systems, Inc. All
forward-looking statements speak only as of the date made, and we undertake no
obligation to update these forward-looking statements.


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