TEMPE, AZ, Mar 29, 2012 (MARKETWIRE via COMTEX) — VirTra Systems (PINKSHEETS: VTSI), a leading provider of firearms training simulation systems to military, law enforcement agencies and other organizations, today announced that it plans to hold its 2012 Annual Shareholders’ Meeting on May 8, 2012 in Tempe, AZ. In addition, VirTra has declared the record date for the determination of shareholders entitled to vote at the Annual Shareholders’ Meeting as the close of business on April 20, 2012. Notice of the meeting and related materials will be mailed in late April. Bob Ferris, President and Chief Executive Officer of VirTra Systems, stated, “I look forward to communicating with our shareholders the progress VirTra has made in the past year as well as discussing the future that lies ahead for the Company. Our team has made great strides in expanding our presence with law enforcement agencies and we continue to make progress in growing our relationships with various military branches and agencies.”
With respect to VirTra’s 2011 financial results, the certified audit being performed by BDO Seidman Alliance Member, Semple, Marchal & Cooper, LLP, is not yet complete and remains ongoing. The Company’s original goal for completion of the audit was March 30, 2012. VirTra’s team is working diligently with the auditors with the objective to finalize the audit prior to the Annual Shareholders’ Meeting.
About VirTra Systems
VirTra Systems, Inc. is a global leading provider of the world’s most realistic and effective small arms training simulators. VirTra is the higher standard in firearms training simulators, offering the only video-based 300-degree simulator platform and the patented Threat-Fire(TM) simulated hostile return fire system. VirTra’s products provide the very best 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.
Investor Relations Counsel
Rudy R. Miller
Chairman, President & CEO
The Miller Group