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.

VTSI@gateway-grp.com

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:

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.

SHOT Show 2023 brings an opportunity to show clients and potential customers how we have developed and enhanced our product line. SHOT Show is usually the first event of the year for many supplier and developer companies who handle everything firearms. Over the years, the event has given VirTra many opportunities to display our proficiencies to law enforcement agencies looking for an effective training solution.

What’s New This Year?

One of the products you have likely heard about is the V-300® 4K – a product that has taken years to be perfected and was launched to clients in 2020. This ultra-high-resolution simulator will be the main eye catcher, but the tools and scenarios are what really help inspire learning.

Some of the vital tools, curriculum and immersive scenarios include:

  • Ultra high-resolution V-300® 4K Simulator
  • NEW TASER 7® training cartridges designed for simulator use
  • Multi-incident scenarios and skill drills
  • The latest recoil kits and CO2 magazines
  • V-Threat-Fire® consequence device
  • Red Dot Optic Training Program in Partnership with Aimpoint® and Victory First®

We are also giving a sneak peek of our “Behavior Analysis Threat Response” curriculum that is pending submission to IADLEST. This coursework will help law enforcement officers recognize threat cues while also understanding the science behind them.

Special Events

Besides doing demonstrations, VirTra’s will be holding a raffle where three GOAT Guns will be available as prizes! Stop by our booth for a chance to take one of these miniature die cast model rifles home with you.

If you are interested in scheduling personal time for a demonstration with our product specialists and industry SMEs, contact us. We’ll see you on January 17-20 at Booth #30009! You can also find our V-100® at the Action Target booth – Booth #12816.

VirTra is ringing in the new year with new hardware, software, curriculum and a focus on portability at SHOT Show 2020. A frequent flyer at SHOT, VirTra will be located at Booth #8211 with yet another eye-catching firearms training simulator for police and military.

The single-screen V-100® was designed with portability in mind. The most lightweight of VirTra’s four simulators, the V-100 is affordable, durable, portable and does not require a large space. A V-100 on the new VirTra STEP monthly subscription plan starts as low as $895. Additionally, the system supports marksmanship and skill building that help make it the higher standard among single-screen firearms simulators. Combine all this with superior graphics and audio, and it’s the perfect addition to any agency’s training program.

While going through a demo at SHOT Show, you will notice the lifelike firearm you’ll be using. The reason these firearms look and feel so real is because they are. The only change is the addition of a hardened stainless-steel drop-in recoil kit and CO2 magazine for life-like recoil. This allows law enforcement and military to train using their own firearms while being safer and more cost-effective than using live ammunition at the range.

Naturally, those using a firearms training simulator will observe what is shown on screen. VirTra’s own in-house production team films and edits all of the training scenarios that come standard with any simulator. Despite being smaller than the V-300®–its five-screen counterpart–the V-100 still provides users with lifelike training, an extensive scenario library, and the ability to practice marksmanship.

New Year, New Updates

VirTra’s presence at SHOT Show is just the beginning of what is in store for 2020. VirTra will be releasing VOS 4.8®, the latest update to its operating system. These updates will bring increased immersion, physical fidelity, ease of use and aid in monitoring training. Additional IADLEST-certified curriculum is included with the update, allowing law enforcement to train for a multitude of different situations.

For additional information on VirTra’s presence at SHOT Show or any VirTra product, feel free to contact us.

Today marks the start of the 2019 Shot Show in Las Vegas, NV. This show is one of the largest trade shows for firearms and law enforcement with an estimated 58,000 people in attendance at this unique gathering of professionals. VirTra is featuring our newest products and newly released content for our firearms training simulator. So, what can you expect to see at our booth this year?

V-VICTA: VirTra recently launched V-VICTA as a way to provide certified training curriculum to our customers while keeping up with the newest topics. These crucial law enforcement training areas include Contact and Cover, Injured Officer Handgun Manipulation, and most recently High-Risk Vehicle Stop. All of these are included within V-VICTA and provide specific law enforcement training that each of our partners shared their expertise to ensure our curriculum met their strict standards.

Haley Strategic 6-Plate Challenge: This year at Shot Show VirTra is featuring our Haley Strategic 6-Plate Challenge where you can test your skills for the fastest time in our V-ST Pro Training Simulator. The fastest time will win a FREE D7 Course provided by our partners at Haley Strategic. Be sure to stop by the Marco Polo room each day to test your skills. Can you beat the best time to hit all six plates in a row?? See here for more details on the rules.

New Pistols and Rifle Kits:  VirTra is always pushing the envelope when it comes to training with the latest pistols and rifles kits for our training systems. This year we are debuting several new pistols and rifles that are newly tested and compatible with our training system and patented technology. Be sure to stop by the booth #8211 for a complete list and testing out your new favorite.

We look forward to seeing you there at Shot Show 2019, be sure to schedule a demo with VirTra here.

VirTra and Haley Strategic Partners are bringing their innovative training partnership to Las Vegas next week at the 2018 SHOT Show, the world’s largest tradeshow for the shooting, hunting and firearms industries. The event offers specialized training courses for law enforcement as part of its Law Enforcement Education Program (LEEP). This year’s curriculum focuses in part on the application of technology and training methods. On Tuesday, January 23, renowned trainer Travis Haley will lead a session on “Peak Performance”, an engaging, high-energy presentation of firearms training techniques for law enforcement that will show officers strategic techniques that enable them to function at their highest levels.

During the 60-minute session, Travis will delve into the cognitive principles connecting mind and body that have been a staple of training for world-class athletes. And, he’ll discuss how Haley Strategic has adapted these techniques to enable law enforcement to react faster and make better decisions in the high-stress situations that they face every day. The class is also an introduction into the joint program developed by VirTra and Haley Strategic called “D7 Powered by Virtra,” which offers individualized firearms training for use of force, high stress, and tactical engagements.

The D7 program was first unveiled in November 2017 at an event at Haley Strategic headquarters in Scottsdale, Arizona.  The new program represents the aggressive approach that the two companies are taking to incorporate more science and data analysis into training for law enforcement. VirTra’s V-300 and V-ST PRO systems are the foundation of the D7 Powered by VirTra program. The immersive technology can recreate 200 different lifelike law enforcement scenario simulations that combine the latest technology with sophisticated training concepts. The program takes into account an individual’s personality traits and tendencies in high-stress situations and teaches each trainee how to refocus for peak performance, particularly in use of force situations.

Session attendees will leave with a much better understanding of how VirTra’s cutting-edge simulator technology enables the efficient application of Haley Strategic’s decision-based training concepts, and how data analysis, biomechanics and other scientific principles applied in VirTra scenarios offer a superior learning experience. Advanced training programs like D7 Powered by VirTra mirror what law enforcement actually encounters on a daily basis, and can best prepare officers physically and mentally to recognize threats, handle stress, de-escalate, and, if necessary, use lethal force in a manner that complies with their departmental guidelines.  VirTra and Haley Strategic look forward to seeing you next week at the SHOT Show!

VirTra Products Prevalent with Leading Companies at Key Industry Trade Show

Tempe, Ariz. — January 22, 2018 — VirTra, Inc. (OTCQX: VTSI), a global provider of training simulators for the law enforcement, military, educational and commercial markets, is planning a robust schedule at the 2018 SHOT Show in Las Vegas, the world’s largest tradeshow for the shooting, hunting and firearms industries. VirTra will be at booth 7608 at the Sands Expo Center. The event, which will be attended by an expected 64,500 people across law enforcement agencies, firearms owners, outdoor enthusiasts and investors, offers specialized training courses for law enforcement as part of its Law Enforcement Education Program (LEEP).

One important aspect of simulation training is the inclusion of a training firearm that is nearly identical to the real thing in both form and function.  Customers often require a specific make and model firearm in order to proceed with implementing simulators into their training program.  VirTra is a world leader in providing highly realistic simulated firearms with uniquely powerful recoil and will be introducing two new weapon recoil kits, one for the CZ 805 Bren S1, and one for the IWI Tavor X95. Both companies, CZ-USA and IWI US, Inc. will also be exhibiting at SHOT Show, and are expected to bring their customers over to VirTra’s booth so they can experience firing the simulated weapon without the use of live ammunition.

On the show’s opening night, Tuesday, January 23, VirTra will have a fully operational V-ST Pro simulator at the party hosted by industry clothing leader, 5.11 Tactical for attendees to experience. Attendees will, firsthand, experience the combination of incredible fidelity and accuracy that are the hallmarks of VirTra’s leading simulated shooting range product and patented, cutting edge accessories used extensively by the thought leaders throughout the law enforcement community.

On Tuesday, January 23, Travis Haley, CEO of Haley Strategic Partners, will lead a session sponsored by VirTra on “Peak Performance,” an engaging, high-energy presentation of firearms training techniques for law enforcement that will show officers strategic techniques that enable them to function at their highest levels in conjunction with the VirTra’s simulators.

During the 60-minute session, Travis will discuss how Haley Strategic has adapted cognitive principles similar to those used by world-class athletes to enable law enforcement to react faster and make better decisions in the high-stress situations that they face every day. The class is also an introduction into the joint program developed by VirTra and Haley Strategic called “D7 Powered by VirTra,” which offers individualized firearms training for use of force, high stress, and tactical engagements.

The D7 program, first unveiled in November 2017, represents the aggressive approach that the two companies are taking to incorporate more science and data analysis into training for law enforcement. VirTra’s V-300 and V-ST PRO systems are the foundation of the D7 Powered by VirTra program. The immersive technology can recreate 200 different lifelike law enforcement scenario simulations that combine the latest technology with sophisticated training concepts. The program takes into account an individual’s personality traits and tendencies in high-stress situations and teaches each trainee how to refocus for peak performance, particularly in use of force situations.

Bob Ferris, Chairman of the Board and Chief Executive Officer of VirTra, added, “We have significantly expanded the scope of our participation at this year’s SHOT Show, and we are excited to demonstrate our newest simulator, brand-new weapons kits and our strategic partnership with Haley Strategic and its world-renowned CEO, Travis Haley. This trade show will provide leading law enforcement agencies, firearm enthusiasts, and investors the opportunity to experience the VirTra V-ST Pro simulator in person. As a result, attendees will be able to gain a deep understanding of the increasing vital training that VirTra’s products provide to law enforcement customers around the world.”

About VirTra 

VirTra is a global provider of 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 realistic and highly-effective virtual reality and simulator technology. Learn more about the company at www.VirTra.com.

Forward-looking Statements 

This news release includes certain information that may constitute forward-looking statements.  Forward-looking statements are typically identified by terminology such as “could,” “may,” “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, and 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. 

Media contact:

VirTra
info@virtra.com
480-968-1488

Investor relations contact:

Brett Maas
vtsi@haydenir.com
(646) 536-7331

TEMPE, AZ – January 27, 2010 – VirTra Systems, Inc. Bob Ferris, VirTra Systems’ CEO and president (OTC:VTSI.PK), today announced that VirTra Systems had an outstanding showing at the world-famous Shot Show (www.shotshow.org) held at The Sands Expo in Las Vegas, Nevada this past week. The show is the world’s premier exposition of firearms, ammunition, outdoor and tactical apparel, optics, cutlery, camping and related products and services. The show is owned and sponsored by the National Shooting Sports Foundation, the firearms industry’s trade association.

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