Be careful of the security implications of using os.system or any other process-spawning method in the os module that takes a string if you're passing user input on as parameters or something. You don't want to give the user of the script access to a shell, do you?
And you're better off using the subprocess module if you're using Python 2.4:
import subprocess
subprocess.call(["program-name", "--param1", "--param2"])