Why PRP - Alan Edrick
Alan Edrick, CFO/EVP of OSI Systems, Inc. discusses why he chose to work with PRP.
Executive Vice President & Chief Financial Officer, Osi
Search every verified Alan Edrick interview, podcast appearance, and on-the-record quote β each transcript cross-checked by AI and human review to confirm speaker identity. In a 2012 Bloomberg interview, Alan Edrick discussed the growing adoption of full-body scanners following the Christmas Day terror attack. He stated that OSI Systems had received a $25 million order from the TSA as part of a $173 million IDIQ contract and was one of only two certified companies to sell the scanners. Edrick said the company's advantage was its "imaging resolution" and that it was making money on the product with "reasonable margins." He noted that the security division was approaching 35 to 40% of total revenues and that he expected it to become about half of the company. Edrick also expressed the view that "security is trumping privacy," saying most people are more concerned about personal safety than privacy concerns. In a 2016 testimonial, Edrick said he chose to work with PRP after an "impressive sales presentation" that presented a "no-lose proposition" with potential cost savings and minimal risk. He stated that PRP saved the company "quite a bit of money" and that he had been a "very satisfied client" who continued to work with them year after year.
“I chose to work with PRP following a very impressive sales presentation.”
“From our perspective, it could represent a tremendous amount of cost savings, and the only real risk we had was in the terms the time of gathering some data.”
“As we proceeded to work with PRP, we found that they truly did save us quite a bit of money, and that's why we've continued to work with them year after year.”
“We feel extremely comfortable and I've been a very satisfied client.”
Alan Edrick, CFO/EVP of OSI Systems, Inc. discusses why he chose to work with PRP.
Dec. 30 (Bloomberg) -- Alan Edrick, chief financial officer of OSI Systems Inc., talks with Bloomberg's Matt Miller and Zahra BurtonΒ ...
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