Tempe, Arizona (September 22, 2014) — VirTra Systems (OTC Pink: VTSI), a leading provider of use of force training and shooting simulators to military, law enforcement agencies and other organizations, today announced the Company recently received an award from the U.S. Department of Homeland Security totaling $5.96 million.
Ryan Bray, VirTra’s Regional Manager, said, “We are proud to add the U.S. Customs and Border Protection to our growing list of customers who’ve selected VirTra to provide them with the most effective simulator training systems available. The safety of the officers who protect our borders as well as those they encounter on a daily basis is very important to VirTra and we look forward to a long-term relationship with Customs and Border Protection.”
The award contains multiple units of VirTra’s industry leading V-300™ simulator system. The contract also includes the VirTra V-Author™ software package and other accessories. Multiple systems will be deployed within the Customs and Border Protection network of facilities for training of field agents and officers responsible for the protection of our nation’s borders.
Jason Mulcahy, VirTra’s General Manager, commented, “VirTra’s dedication to enhancing the capabilities of our products to meet the ever-changing real world scenarios for our customers is unequaled in the industry. VirTra’s objective is to continue to utilize cutting edge technology coupled with the latest training techniques to prepare for the challenges our customers will face in the field.”
Bob Ferris, VirTra’s Chief Executive Officer, stated, “We are honored by the contract award to VirTra by U.S. Department of Homeland Security. It is our plan to exceed their expectations and thus further our goal of providing the most effective simulators to an ever growing list of customers.”
About VirTra Systems
VirTra is a global leading provider of the world’s most realistic and effective use of force and firearm shooting simulators. VirTra is the higher standard in firearms training simulators, offering a variety of simulator platforms, powerful gas-powered recoil kits and the patented Threat-Fire™ simulated hostile return fire system. VirTra’s products provide the very best simulation training available for personnel that are entrusted with lethal force and critical missions. The Company’s common stock is not registered under the Securities Exchange Act of 1934 and the Company does not currently file periodic or other reports with the Securities and Exchange Commission.
This news release includes certain information that may constitute forward-looking statements made pursuant to the safe harbor provision of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are typically identified by terminology such as “will,” “expects,” “anticipates,” “future,” “intends,” “plans,” “believes,” “estimates,” “proposed,” “planned,” “potential” and similar expressions, or are those, which, by their nature, refer to future events. All statements, other than statements of historical fact, included herein, including statements about VirTra’s beliefs and expectations, are forward-looking statements. Forward-looking information is necessarily based upon a number of assumptions that, while considered reasonable, are subject to known and unknown risks, uncertainties and other factors which may cause the actual results and future events to differ materially from those expressed or implied by such forward-looking information. Although VirTra believes that such statements are reasonable, it can give no assurance that such forward-looking information will prove to be accurate. VirTra cautions investors that any forward-looking statements by the Company are not guarantees of future results or performance, and that actual results may differ materially from those in forward-looking statements as a result of various factors. Accordingly, due to the risks, uncertainties and assumptions inherent in forward-looking information, readers and prospective investors in the Company’s securities should not place undue reliance on forward-looking information. All forward-looking information contained in this press release is given as of the date hereof, is based upon the opinions and estimates of management and information available to management as at the date hereof and is subject to change. The Company assumes no obligation to revise or update forward-looking information to reflect new circumstances, whether as a result of new information, future events or otherwise, except as required by law.
TEMPE, AZ, Sep 15, 2014 (Marketwired via COMTEX) — VirTra Systems (pinksheets:VTSI), a leading provider of use of force training and shooting simulators to military, law enforcement agencies and other organizations, today announced the Company generated a record amount of sales orders in the month of August.
These purchases were made by a variety of customers including municipalities at the city and county level, local and federal law enforcement, military, international, security and other private sector companies.
Jason Mulcahy, VirTra’s General Manager, stated, “Customers are demanding the most effective training possible regarding use of force scenarios. VirTra’s strong industry track record as an innovator and leader in realistic shooting simulators has been a key to our successful sales activities in posting the strongest August purchase orders in the history of our Company. We look forward to winning more new customers and expanding services and products to our existing clients in the future.” Read more…
Tempe, Arizona (August 15, 2014) — VirTra Systems (OTC Pink: VTSI), a leading provider of firearms simulators to military, law enforcement agencies and other organizations, today announced the release of its 2014 second quarter financial statements. The financial statements are available on VirTra’s website and here. Read more…
VirTra’s New and Enhanced Products Receive Factory Acceptance Tests Approval from International Customer
Tempe, Arizona (July 23, 2014) — VirTra Systems (PINKSHEETS: VTSI), a leading provider of firearms simulators to military, law enforcement agencies and other organizations, today announced that it successfully passed all factory acceptance tests (FAT) for an international contract exceeding $2 million (announced April 2013). The testing was conducted by fifteen individuals from the international customer, who carefully verified the performance of hardware and software over a five day period at VirTra’s headquarters in Tempe, Arizona.
The success is a critical milestone as it represents the culmination of many man years of work by VirTra’s engineers and software developers resulting in a host of new capabilities. The new features both enhance VirTra’s current line of products as well as expand VirTra’s reach to a broader worldwide audience of customers who require a range of training capabilities. Read more…
Letter from the CEO
Ten years ago, VirTra engineers put the finishing touches on the world’s first multi-screen simulator capable of using photorealistic video across multiple screens, the V-300™. At the same time, VirTra engineers also created the world’s first electric return fire training tool – the patented Threat-Fire™. Individually, these were incredible advances in realistic simulation training, but when combined, they were a giant leap forward for the simulation industry.
VirTra defined a whole new class of superior situational awareness and judgmental use of force simulation, led by our immersive 300-degree, V-300™ Simulator. I am eternally grateful and deeply humbled by the contributions of VirTra’s employees, customers and stakeholders who cared enough about trainees to invest in pushing the standard of effective training to higher and higher levels. Thank you!
As our list of talented employees and customers grows, and we continue to build on the foundation of 21 years in the simulation industry, our promise of improving effective simulation training has never been greater!
Bob Ferris – CEO, VirTra