Micro Identification Technologies, Inc. today announced that it has signed an Agreement with OSI Optoelectronics (OSIO), a subsidiary of OSI Systems (NASDAQ: OSIS) to manufacture its microbial rapid identification system, the MIT 1000. Providing complete solutions and services from concept to design to production, OSIO has manufacturing facilities in California, Malaysia and India.
“All of OSIO’s world class facilities are ISO 9001:2000 certified and FDA registered and GMP compliant making them a perfect company to fabricate MIT’s systems for its current food safety applications and its planned pharmaceutical and clinical diagnostic applications,” stated John Ricardi, MIT’s Executive Vice President and Chief Operating Officer.
OSIO currently fabricates the photodiode detectors that are used in the MIT 1000 and has the ability to supply other components. The company’s vast experience in MIT’s targeted markets will also enable them to assist MIT in future product designs to both accelerate and ensure those products meet the stringent requirements of those industries.
“We are pleased to work with MIT as we feel their innovative product will become a valuable tool to help prevent widespread bacterial contamination,” stated Manoocher Mansouri, OSIO’s President.
MIT currently produces the MIT 1000 Rapid Microbial Identification (NYSE:ID) System. The system has been designed to be extremely fast and easy to use while not relying on conventional chemical or biological processing, fluorescent tags, gas chromatography or DNA analysis. MIT’s technology has the potential to revolutionize the $5 billion rapid microbial test market by annually saving thousands of lives and tens of millions of dollars.
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