We have been getting an engine out audio and light on an H60 when taking the #1 engine out of fly, the engine is still at 96% when we get the warning. This does not happen every time we fly. Any avionics or engine guys with ideas why this is happening? We checked all the fuses, all the wires seem normal too. This is just really wierd not of the MTP's have heard of it, wondering if anyone has. Even on other airframes.