CHANDLER, Ariz. — April 29, 2024 — VirTra, Inc. (Nasdaq: VTSI) (“VirTra”), a global provider of judgmental use-of-force training simulators and firearms training simulators for the law enforcement and military markets, announced its participation at the International Association for Healthcare Security & Safety (IAHSS) Conference and Exhibition in Orlando from April 29 to May 1, 2024. As a first-time vendor, VirTra will introduce its new V-XR headset training solution at the event, highlighting its advanced functionality and ability to meet diverse training demands, particularly in healthcare settings.
The IAHSS Annual Conference and Exhibition is a key event for healthcare’s top security, safety, and emergency management leaders to network, meet with vendors, and find solutions for their challenges. This year, VirTra joins the expo to demonstrate the effectiveness of its new V-XR training solution, a compact, lightweight headset training simulator with a focus on de-escalation scenarios. The headset features hyper-realistic characters created using volumetric video capture and pass-through to reduce motion sickness for the user.
VirTra’s recent entry into the healthcare market began last month when it partnered with Ascension St. John Hospital (“Ascension”) to equip its team with advanced training simulators. VirTra’s V-180 was a practical application of Ascension’s grant funds.
Darrel Long, Director of Security for Ascension Oklahoma, noted the impact, stating, “We can implement frequent training in scenarios representing our environment. The V-180 is a tremendous asset and allows all security officers within the Ascension St. John Health System to ensure patient and associate safety.”
Ascension also reported the system’s success in a recent case study, available to download on VirTra’s website. The study highlights the simulator’s wide range of training scenarios and how it allows the entire staff, not just the security team, to practice skills that keep them safe.
As VirTra’s role in healthcare security expands, multiple other healthcare organizations have already adopted its technologies. Ohio Healthcare PD, TriHealth Cincinnati, Marion Hospital in Indiana, Indiana University Hospital, Health First Security in Florida, and several VA locations have begun training their teams using VirTra simulators.
John Givens, CEO of VirTra, stated, “Every day, medical providers around the country go beyond the call of duty for their patients. VirTra supports every initiative within our capabilities to ensure the security of hospital staff while on the job. With our V-XR training solution, we are not only enhancing safety in healthcare environments but also demonstrating its cross-market functionality, allowing us to begin expansion beyond our core law enforcement and military markets. I’m confident that the training provided by our simulators will instill a renewed sense of safety among hospital staff, patients, and their visitors.”
VirTra’s entry into healthcare security coincides with an increase in unruly and sometimes violent behavior directed at healthcare providers. A 2022 report from the American College of Emergency Physicians revealed a significant increase in healthcare violence, with 55% of physicians surveyed saying they had been physically assaulted while at work. With the increased demand for hospital security, VirTra is stepping up to provide advanced use-of-force, de-escalation, and other forms of simulator-based training to its healthcare partners.
About VirTra, Inc.
VirTra (Nasdaq: VTSI) is a global provider of judgmental use of force training simulators and firearms training simulators for the law enforcement, military, educational and commercial markets. The company’s patented technologies, software, and scenarios provide intense training for de-escalation, judgmental use-of-force, marksmanship, and related training that mimics real-world situations. VirTra’s mission is to save and improve lives worldwide through practical and highly effective virtual reality and simulator technology. Learn more about the company at www.VirTra.com.
Forward-Looking Statements
The information in this discussion contains forward-looking statements and information within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, which are subject to the “safe harbor” created by those sections. The words “anticipates,” “believes,” “estimates,” “expects,” “intends,” “may,” “plans,” “projects,” “will,” “should,” “could,” “predicts,” “potential,” “continue,” “would” and similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain these identifying words. We may not actually achieve the plans, intentions or expectations disclosed in our forward-looking statements and you should not place undue reliance on our forward-looking statements. Actual results or events could differ materially from the plans, intentions and expectations disclosed in the forward-looking statements that we make. The forward-looking statements are applicable only as of the date on which they are made, and we do not assume any obligation to update any forward-looking statements. All forward-looking statements in this document are made based on our current expectations, forecasts, estimates and assumptions, and involve risks, uncertainties and other factors that could cause results or events to differ materially from those expressed in the forward-looking statements. In evaluating these statements, you should specifically consider various factors, uncertainties and risks that could affect our future results or operations. These factors, uncertainties and risks may cause our actual results to differ materially from any forward-looking statement set forth in the reports we file with or furnish to the Securities and Exchange Commission (the “SEC”). You should carefully consider these risks and uncertainties described and other information contained in the reports we file with or furnish to the SEC before making any investment decision with respect to our securities. All forward-looking statements attributable to us or persons acting on our behalf are expressly qualified in their entirety by this cautionary statement.
Investor Relations Contact:
Matt Glover and Alec Wilson
Gateway Group, Inc.
949-574-3860
CHANDLER, Ariz. — March 7, 2023 — VirTra, Inc. (Nasdaq: VTSI) (“VirTra”), a global provider of judgmental use of force training simulators and firearms training simulators for the law enforcement and military markets, will be attending the 36th Annual ROTH Conference being held March 17-19, 2024 at The Ritz Carlton, Laguna Niguel located in Dana Point, CA.
VirTra management will hold one-on-one meetings with institutional investors and analysts throughout the conference. For additional information or to schedule a one-on-one meeting with VirTra management, please contact your Roth representative or VirTra’s investor relations team at VTSI@gateway-grp.com.
About VirTra
VirTra (Nasdaq: VTSI) is a global provider of judgmental use of force training simulators and firearms training simulators for the law enforcement, military, educational and commercial markets. The company’s patented technologies, software, and scenarios provide intense training for de-escalation, judgmental use-of-force, marksmanship, and related training that mimics real-world situations. VirTra’s mission is to save and improve lives worldwide through practical and highly effective virtual reality and simulator technology. Learn more about the company at www.VirTra.com.
Investor Relations Contact:
Matt Glover and Alec Wilson
Gateway Group, Inc.
949-574-3860
Expansion of Scenario and Character Libraries, Coupled with Recoil Kit Enhancements, Highlights VirTra’s Active Drive to Elevate Realism in Training
CHANDLER, Ariz. — January 18, 2024 — VirTra, Inc. (Nasdaq: VTSI) (“VirTra” or the “Company”), a global provider of judgmental use of force training simulators, firearms training simulators for the law enforcement and military markets, today announced new video-based scenarios for its training simulators and unveiled its True-Fire™ recoil kit, which is designed to minimize false firing incidents. Alongside this, the Company is expanding its V-Author® library by adding 27 new characters, including hospital and corrections workers, as well as community members, patients, and inmates. The new content and True-Fire™ recoil kits are set to launch at SHOT Show on January 23-26 at the Venetian Expo in Las Vegas, Booth #20535.
The newest video-based scenarios encompass a variety of situations such as active shooters, suspicious subjects, disturbances, duty to intervene, traffic stops, and more. Available in 4K resolution, these scenarios give law enforcement members a crystal-clear, highly immersive view of the action. Each scenario is crafted using top-tier cinematic equipment and professional actors, enhancing the realism of the training experience. Furthermore, the entire production process – from writing and filming to quality assurance – involves subject matter experts at each stage to ensure each scenario is accurate and effective for learning.
VirTra CEO John Givens stated: “Training content needs to align with the specific mission that individuals and teams are trying to accomplish, which is why we’re producing content that closely mirrors real-world scenarios. VirTra is hyper-focused on the production of superior scenarios and character, tailored for the unique needs of law enforcement, corrections, and hospital staff. We’ve invested in state-of-the-art equipment, skilled personnel, and subject matter experts, and we regularly survey our customers to ensure that our content is effective and of the highest quality. Every piece of content we produce is crafted to ensure our clients are trained effectively no matter what their state or agency policies require.”
One notable scenario equips officers and security personnel to handle active threats at places of worship. In this immersive simulation, officers respond to multiple reports of an active shooter. They must navigate the scenario by engaging threats while simultaneously being aware of fleeing innocents, testing their ability to make split-second decisions about potential threats. The scenario also incorporates elements of de-escalation and hostage negotiation, further diversifying the training experience and providing situational awareness that is challenging to replicate outside this immersive environment. To address various training objectives, the multiple incidents within this single scenario have been divided into three sections, each focusing on different training points.
V-Author® is VirTra’s scenario authoring tool that allows users to create their own scenarios using just a panoramic image. This user-friendly tool lets instructors drag and drop characters into the scene and assign them specific actions. Enhancing this capability, VirTra has added 27 new characters to the V-Author® library. This includes 18 characters tailored for the hospital industry and 9 designed specifically for the jails and corrections industry. Each character comes with a range of actions, providing instructors with the flexibility to tailor scenarios to specific training objectives. The expanded roster of V-Author® characters reflects VirTra’s commitment to supporting training needs in various sectors, especially for hospital staff, security personnel, and corrections officers.
These characters are created using VirTra’s state-of-the-art Volumetric Capture Studio, which captures the true likeness of real actors. Thanks to this innovative technology, the video-based characters seamlessly integrate into various training formats. They can drag and drop the characters to be readily incorporated into both traditional video scenarios and VirTra’s headset-based virtual reality product, V-XR®.
In addition to the new training content, VirTra is introducing True-Fire™, a mechanical enhancement to its recoil kits. This feature, designed to minimize false firing incidents, is a significant advancement in training realism. True-Fire™ includes upgraded materials and firmware/software improvements to prevent unintentional shot registration when a weapon is slid, tapped, or dropped during simulations. Many tetherless recoil kits on the market typically register false fire which skew the results in the final training evaluations, and VirTra has created a proprietary solution that will debut at SHOT Show.
If you would like to have a demonstration of VirTra’s newest technology and content, email sales@virtra.com or stop by Booth #20535 at SHOT Show.
About VirTra, Inc.
VirTra (Nasdaq: VTSI) is a global provider of judgmental use of force training simulators and firearms training simulators for the law enforcement, military, educational and commercial markets. The company’s patented technologies, software, and scenarios provide intense training for de-escalation, judgmental use-of-force, marksmanship, and related training that mimics real-world situations. VirTra’s mission is to save and improve lives worldwide through practical and highly effective virtual reality and simulator technology. Learn more about the company at www.VirTra.com.
Forward-Looking Statements
The information in this discussion contains forward-looking statements and information within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, which are subject to the “safe harbor” created by those sections. The words “anticipates,” “believes,” “estimates,” “expects,” “intends,” “may,” “plans,” “projects,” “will,” “should,” “could,” “predicts,” “potential,” “continue,” “would” and similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain these identifying words. We may not actually achieve the plans, intentions or expectations disclosed in our forward-looking statements and you should not place undue reliance on our forward-looking statements. Actual results or events could differ materially from the plans, intentions and expectations disclosed in the forward-looking statements that we make. The forward-looking statements are applicable only as of the date on which they are made, and we do not assume any obligation to update any forward-looking statements. All forward-looking statements in this document are made based on our current expectations, forecasts, estimates and assumptions, and involve risks, uncertainties and other factors that could cause results or events to differ materially from those expressed in the forward-looking statements. In evaluating these statements, you should specifically consider various factors, uncertainties and risks that could affect our future results or operations. These factors, uncertainties and risks may cause our actual results to differ materially from any forward-looking statement set forth in the reports we file with or furnish to the Securities and Exchange Commission (the “SEC”). You should carefully consider these risks and uncertainties described and other information contained in the reports we file with or furnish to the SEC before making any investment decision with respect to our securities. All forward-looking statements attributable to us or persons acting on our behalf are expressly qualified in their entirety by this cautionary statement.
Investor Relations Contact:
Matt Glover and Alec Wilson
Gateway Group, Inc.
949-574-3860
VirTra will be at SHOT Show 2024 to demonstrate our simulators and accessories that help train law enforcement and military all around the globe.
All this is happening at Booth #20535 at The Venetian Expo – Level 2 on January 23-26:
- The V-300® 4K Simulator
- The NEW extended reality goggles – V-XR®
- New TASER® training cartridges for simulator use
- New Multi-incident Active Shooter scenarios and skill drills
- The latest recoil kits and CO2 magazines
- V-Threat-Fire® consequence device
You can also find our V-100® at Action Target – Booth #12816 where a Marksmanship Challenge will be hosted! It will be open all four days during the exhibit hours of the show, and each day there will be a winner. Winners will receive amazing prizes such as a Vortex Red Dot Pistol Optic and a Goat Gun!
If you would like to reserve a 15-minute demo, contact us so we can put you on the schedule!
SHOT Show LEEP Presentation
We also welcome you to attend a LEEP presentation by VirTra’s Lon Bartel and Force Science’s Von Kliem. Hear about the best practices for law enforcement training and gain valuable insight on adult learning.
At I/ITSEC, we will introduce you to not only our most sought-after technology, but a brand-new extended reality training program to support your unit. The V-XR® is our most portable simulation tool yet, and its self-driven properties allow it to be used without constant monitoring by an instructor.
This flexible, lightweight training system has multiple learning modules to tackle many military training objectives at once. The unique use of volumetric capture allows humans to be captured as 3D characters, eliminating the uncanny valley that often goes along with CGI graphics.
Some of the other advanced tools for military training you can experience at Booth #641 at the Orange County Convention Center in Orlando, FL include:
- V-300® 4K—Ultra HD resolution that accurately reproduces subtle visual details and replicates real-world encounters.
- V-Threat-Fire®—The new version of the patented consequence device that delivers an electric impulse to simulate gunfire, explosions, etc.
- Recoil Kits & CO2 Magazines—The newest developments in hardware that transforms a live weapon to simulation-ready in minutes with no permanent modification. Come by to see just how realistic the recoil is!
- V-Marksmanship – Ballistically accurate firearms training with customizable targets, ranges, weather conditions, and lighting.
Days have been going by quickly, so don’t wait to schedule a private demo with our product specialists! Contact us here to set up time for a demonstration of our technology.
On November 8, VirTra and IADLEST officially announced “Taskforce Santa.” This initiative will provide a V-100 simulator to an agency that would be unable to purchase one otherwise.
The chosen agency will not only receive the simulator itself, but its full suite of training software, NCP-certified coursework, a carrying case for the screens and projector, and a full year of service and warranty. The goal is to provide a true Christmas gift to an agency without adding any stress or concerns.
You can read IADLEST’s press release here. If you would like to nominate a deserving agency, download the flyer and nomination form. It is only one page and will not take a long time to complete.
Last week, Action Target hosted the Law Enforcement Training Camp (LETC) in Provo, Utah and VirTra was honored to be a part of it. The training camp takes place annually and invites law enforcement personnel from across the globe to participate in training conducted by Law Enforcement instructors across a variety of disciplines.
Some of the topics included:
- Advanced Firearms Instructor Techniques
- Movement Under Fire
- Vehicle Threat Interdiction
- Low Light Rifle and Pistol
For our part, VirTra brought the V-ST PRO® simulator and had it set up in a classroom at Action Target headquarters. Our course was titled Red Dot Transition and Sustainment Training. During the first day, students would work on fundamentals such as high purchase/flat presentation as well as timed evolutions from the holster. Students were exposed to red dot malfunctions and shot drills to help them make combat effective hits if their optic goes down. Strong hand/support hand skills were established, and shooters practiced drills that forced them to shoot with both eyes open.
After the classroom portion of the training, it was off to the range to conduct some of the same drills with live fire. Officers noticed the benefit of having practiced the drills in the simulator first. Several attendees stated that they felt much more confident in their abilities using a red dot after the course was completed. VirTra creates drop-in recoil kits and CO2 magazines to ensure the user’s weapons have realistic recoil in the simulation. By using our “Boresight” feature, shooters can “dial-in” the simulator weapons to suit their stature to ensure accuracy and continuity in training between the simulator and live fire.
The event was a great success and was very well received by the students who participated.
As always, Stay Safe!
CHANDLER, Ariz. — September 19, 2023 — VirTra, Inc. (Nasdaq: VTSI) (“VirTra” or the “Company”), a global provider of judgmental use of force training simulators, firearms training simulators for the law enforcement and military markets, will hold its 2023 Annual Meeting of Shareholders virtually on Monday, October 23, 2023 at 4:30 p.m. Eastern Time (2:30 p.m. Mountain Time) and will be accessible via a live webcast here.
Shareholders of record at the close of business on August 28, 2023, will be entitled to vote. Proxy materials and voting instructions can be found on the investor relations section of the company’s website and here.
About VirTra
VirTra (Nasdaq: VTSI) is a global provider of judgmental use of force training simulators, firearms training simulators for the law enforcement, military, educational and commercial markets. The company’s patented technologies, software, and scenarios provide intense training for de-escalation, judgmental use-of-force, marksmanship, and related training that mimics real-world situations. VirTra’s mission is to save and improve lives worldwide through practical and highly effective virtual reality and simulator technology. Learn more about the company at www.VirTra.com.
Forward-Looking Statements
The information in this discussion contains forward-looking statements and information within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, which are subject to the “safe harbor” created by those sections. The words “anticipates,” “believes,” “estimates,” “expects,” “intends,” “may,” “plans,” “projects,” “will,” “should,” “could,” “predicts,” “potential,” “continue,” “would” and similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain these identifying words. We may not actually achieve the plans, intentions or expectations disclosed in our forward-looking statements and you should not place undue reliance on our forward-looking statements. Actual results or events could differ materially from the plans, intentions and expectations disclosed in the forward-looking statements that we make. The forward-looking statements are applicable only as of the date on which they are made, and we do not assume any obligation to update any forward-looking statements. All forward-looking statements in this document are made based on our current expectations, forecasts, estimates and assumptions, and involve risks, uncertainties and other factors that could cause results or events to differ materially from those expressed in the forward-looking statements. In evaluating these statements, you should specifically consider various factors, uncertainties and risks that could affect our future results or operations. These factors, uncertainties and risks may cause our actual results to differ materially from any forward-looking statement set forth in the reports we file with or furnish to the Securities and Exchange Commission (the “SEC”). You should carefully consider these risk and uncertainties described and other information contained in the reports we file with or furnish to the SEC before making any investment decision with respect to our securities. All forward-looking statements attributable to us or persons acting on our behalf are expressly qualified in their entirety by this cautionary statement.
Investor Relations Contact:
Matt Glover and Alec Wilson
Gateway Group, Inc.
949-574-3860
If you have followed VirTra for any amount of time, you will know that IACP is a staple for us. It is a chance for us to show our newest simulation technology, upcoming products, and sometimes a surprise debut. Over the years, the event has given VirTra numerous occasions to display our virtual reality training advancements to law enforcement agencies looking for effective training.
V-300 4K®
Our most advanced 5-screen simulator, the V-300 4K® made its debut at IACP in 2019. This immersive simulator uses 4K projectors to give officers a crystal-clear picture of the simulated event they are going through.
Officers heavily rely on their sight during the job – and even subtle nuances can signal a possible threat. By more accurately reproducing objects and subjects, body language and non-verbal threat cues, the V-300 4K more perfectly replicates real-world encounters.
Multi-Incident Scenarios
At VirTra, we place high value on the quality of our content. While advanced hardware and large screens are impressive, the learning that results from our virtual reality training advancements is what we strive for. Each scenario and skill drill is crafted by in-house subject matter experts and a team of content developers.
Scenarios cover a wide range of topics of value to law enforcement. Active shooters, mentally ill subjects, traffic stops, and domestic situations are just some examples. With an average of 85 branching options per scenario, no single event is guaranteed to go a certain way. Almost every scenario can be resolved entirely with verbal de-escalation – not requiring the officer to fire their weapon or less lethal device.
Recoil Hardware and Marksmanship
To make firearms training more realistic and transferrable, VirTra users can train with drop-in recoil kits and refillable CO2 magazines. Users can fire their real weapons in the VirTra simulators without the need for permanent modification.
In addition, the V-Marksmanship® program provides ballistically accurate, customizable range options. Agencies save on the cost of ammunition and practice on a simulated range first, where they can perfect their skills virtually before switching to a live fire range.
Less Lethal
We want to make sure officers can train at all ends of the force spectrum – and that includes less lethal equipment. ECW devices and OC spray are laser-based and on-screen subjects will react accordingly when targeted. Virtual reality training should not be limited to only shoot-don’t-shoot!
V-Threat-Fire®
The V-Threat-Fire is the patented consequence device that changed the game for virtual reality training. When a user is fired upon, bitten by a dog, or in an explosion, instructors can activate an adjustable electric impulse. It is tested for safety and can be switched to vibration mode if preferred.
If you have any questions, VirTra representatives will be available anytime during IACP to discuss our simulation training technology or provide a demonstration. Come see us at Booth #2739 on October 14-17 in San Diego!
CHANDLER, Ariz. — July 31, 2023 — VirTra, Inc. (Nasdaq: VTSI) (“VirTra” or the “Company”), a global provider of judgmental use of force training simulators, and firearms training simulators for the law enforcement and military markets, will hold a conference call on Monday, August 14, 2023 at 4:30 p.m. Eastern time (1:30 p.m. Pacific time) to discuss its financial results for the second quarter ended June 30, 2023. Financial results will be issued in a press release prior to the call.
VirTra management will host the presentation, followed by a question-and-answer period.
Date: Monday, August 14, 2023
Time: 4:30 p.m. Eastern time (1:30 p.m. Pacific time)
U.S. dial-in: 1-877-407-9208
International dial-in: 1-201-493-6784
Conference ID: 13739497
Please call the conference telephone number 5-10 minutes prior to the start time. An operator will register your name and organization. If you have any difficulty connecting with the conference call, please contact Gateway Group at 949-574-3860.
The conference call will be broadcast live and available for replay here and via the investor relations section of the Company’s website.
A replay of the call will be available after 7:30 p.m. Eastern time on the same day through August 28, 2023.
Toll-free replay number: 1-844-512-2921
International replay number: 1-412-317-6671
Replay ID: 13739497
About VirTra, Inc.
VirTra (Nasdaq: VTSI) is a global provider of judgmental use of force training simulators and firearms training simulators for the law enforcement, military, educational and commercial markets. The company’s patented technologies, software, and scenarios provide intense training for de-escalation, judgmental use-of-force, marksmanship, and related training that mimics real-world situations. VirTra’s mission is to save and improve lives worldwide through practical and highly effective virtual reality and simulator technology. Learn more about the company at www.VirTra.com.
Investor Relations Contact:
Matt Glover and Tom Colton
Gateway Group, Inc.
949-574-3860