Tempe, Arizona (June 6, 2012) — VirTra Systems (OTC Pink: VTSI.PK), a leading provider of small arms training simulators, has received an order from Lockheed Martin’s (a Fortune 500 company) Global Training and Logistics business unit, a leading provider of training and logistics support. The order is part of the collaboration to integrate VirTra’s innovative small arms training simulator products into the global marketplace.
The order includes a specially designed VirTra simulator to be shipped to Lockheed Martin’s main simulation center in Orlando, Florida. In addition, the order comprises a variety of VirTra’s advanced gas-powered recoil firearms and accessories.
“This firearms training system order from Lockheed Martin is a natural progression of the agreement between the two companies and demonstrates VirTra’s commitment to bring the best possible small arms simulation training to the warfighter,” stated Bob Ferris, CEO of VirTra Systems.
About VirTra Systems
VirTra is a global leading provider of the world’s most realistic and effective small arms simulators. VirTra is the higher standard in firearms training simulators, offering a variety of simulator platforms, realistic 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.
Comments are based on current management expectations, and are considered “forward-looking statements,” generally preceded by words such as “plans,” “expects,” “believes,” “anticipates,” or “intends.” We cannot promise future returns. Our statements reflect our best judgment at the time they are issued, and we disclaim any obligation to update or alter forward-looking statements as the result of new information or future events.
VirTra and the VirTra logo are trademarks of VirTra Systems, Inc.
VirTra Systems [ OTC Pink: VTSI.PK ], a leading provider of small arms training simulators have signed an agreement with Lockheed Martin’s [NYSE: LMT] Global Training and Logistics business unit, a leading provider of training and logistics support, that launches a collaboration to integrate VirTra’s innovative small arms training simulator products into the global marketplace.
As part of the relationship, VirTra will provide its World-Class small arms simulation products, accessories and services, while retaining all intellectual property related to such, and Lockheed Martin will bring the strength and depth of its years of experience in program management, logistics and global customer support . This alliance will enable VirTra to penetrate adjacent markets and provide innovative training solutions to future customers.
VirTra currently fields a wide variety of training products that permit every type of small arms virtual training such as: Marksmanship, Judgmental-Use-of-Force, Collective Training, Military Operations Urban Terrain (MOUT), Close Quarters Battle (CQB) and Shoot House. VirTra’s hyper-realistic and effective products include immersive audio and video, realistic simulated recoil and the ability to simulate hostile return fire with the Threat-fire™ technology.
“Lockheed Martin is an ideal complement to VirTra and will accelerate the adoption of next generation simulation training technology to deliver the best simulation training possible for the customer,” said Bob Ferris, CEO, VirTra Systems.
“After many months of working together, it is clear that Lockheed Martin’s devotion to the warfighter, exceptional program management, and reputation of working well with smaller businesses positions VirTra for future global opportunities.”
TEMPE, AZ – October 06, 2009 – VirTra Systems, Inc. Bob Ferris, VirTra Systems’ CEO and president (OTC:VTSI.PK), today announced that VirTra has received its largest order to date from Lockheed Martin Simulation, Training and Support business.
At the client’s request, the details of the transaction are not being publicly released; the order is the largest to date and indicative of a growing working relationship between VirTra and Lockheed Martin Simulation, Training and Support.
TEMPE, AZ – August 27, 2009 – VirTra Systems, Inc. Bob Ferris, VirTra Systems’ CEO and president (OTC:VTSI.PK), today announced that VirTra has received another order from Lockheed Martin Simulation Training and Support business for VirTra’s proprietary tetherless M-4 recoil kit, which is specially engineered to work with an authentic M-4 rifle. The order also includes VirTra’s automatic refill station that uses low-cost CO2 and is the most operator friendly refill system on the market. Also included in the order is a recharge station, which rapidly recharges each magazine’s internal battery.