Archive for the ‘VirTra Systems Inc. VTSI’ Category

VirTra Systems (VTSI.PK) Posts Record Revenues as Sales Continue to Increase

Wednesday, August 11th, 2010

VirTra Systems, Inc. released its second quarter numbers earlier this week which revealed more than 50% increases for both growth and profit as compared to the same quarter in 2009. The second quarter was the highest revenue-generating quarter in the Company’s history with sales in excess of $1.5 million, which represents a 57% increase over the same quarter in 2009.

VirTra continues to grow internally to both facilitate and perpetuate the increased sales. Six new sales people have been hired recently, bringing the total number of employees to 29, and the Company is moving to a new, larger headquarters. The growth has not affected efficiency as gross margins for the last quarter increased over 9% (from 60.2% to 69.4%) from the previous quarter.

Ordinary income grew from $213,792 to $472,583 for a 121% increase from last quarter and net gain per share for the second quarter of 2010 was $.0024 compared to $.0021 per share in Q2 2009.

VirTra’s cash was $814,690 as of June 30, 2010 compared to $284,377 as of June 30, 2009. Also, shareholder’s equity increased over $1,980,000 to $7.87 million at the end of Q2 2010 from $5.89 million as of June 30, 2009.

Don Andrus, COO and President of VirTra, said, “While becoming part of a company that continues to grow and dominate with each passing day is exciting, we are only motivated to work harder and get better. Our supporters and shareholders deserve the best and that means that our team must constantly improve.”

Recently, VirTra announced the sale of a third firearms training simulator to the Institute of Technology in California. The previous orders were announced in April and May as the Institute is developing a world-class program amongst several of their campuses. In addition to the Institute of Technology, VirTra has seen sales continue to grow through their relationship with Lockheed Martin. On June 30th, the Company announced that it had received an order for 13 Threat-Fire II(TM) sense-memory simulators and 15 wireless stations to accompany the Threat-Fire II(TM) devices from Lockheed Martin, which represented the largest order to date with the industry giant.

International sales have also helped propel the rapid growth as orders for the state of the art IVR-300 series of simulators were purchased in June from agencies in Korea and Australia. The orders included fully equipped, 5-screen, 300-degree HD firearms and use of force simulator, including tetherless recoil kits, the patent-pending Threat-Fire(TM) safe shoot-back device and a library of marksmanship and decision making training scenarios.

More information on VirTra Systems, its products and the investment opportunity it presents can be found on the Company’s website at www.virtra.com.

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VirTra Systems, Inc. (VTSI.PK) Receives Second Order for Firearms Simulator from the Institute of Technology

Tuesday, May 25th, 2010

VirTra Systems, Inc. announced today that they have received repeat business from the Institute of Technology, Modesto campus, through an order for delivery of second firearm simulator. The Institute of Technology, which has four campuses in California, is a premier career-focused college that provides a comprehensive educational experience in a variety of growing areas of employment.

In April of this year, the Institute placed their first order for VirTra Systems to supply and install a use-of-force simulator at the Institute’s Clovis campus. The Institute of Technology is developing a state-of-the-art training facilities that are highlighted by the virtual reality training simulators being supplied by VirTra.

The most recent order is for the IVR-300 system, which is a cutting-edge, 300 degree, five-screen simulator that includes high definition video and features a series of transducers to create realistic bass sounds to surround the trainee with the look, feel and sounds of a real-life event. The order also consists of recoil kits, multiple tetherless firearm recoil kits, firearm refill and recharge stations and many other advanced options for optimal training including return fire simulation (Threat-Fire™) devices. Threat-Fire is a patent-pending device that safely simulates the pain of hostile return fire with a 300 millisecond electric stun that can be adjusted to 2.5 seconds.

The Institute provides small classes to assure students receive intensive training with the simulators and close interaction with the instructors. “The more realistic these scenarios are, the more effective they will be,” said Lillian Enger, President of the Institute of Technology’s Modesto campus. “We’re committed to providing our students the most realistic career experiences possible. This simulator is the absolute best we can do to ready our students for what will be their greatest challenge in law enforcement.”

Don Andrus, President of VirTra Systems commented, “Being selected to provide state-of-the-art equipment to the Institute of Technology is not only an honor, but is also indicative of the fact that VirTra is well ahead of the pack when it comes to both technology and vision,” Mr. Andrus continued, “This type of recognition is what drives this company to get better every day.”

VirTra has posted seven consecutive record breaking quarters and is starting strong in 2010 with not only the two orders from the Institute of Technology in the last 30 days, but also orders from agencies in Illinois, North Carolina, and Washington for simulators and accessories from the IVR series.

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VirTra Systems, Inc. (VTSI.PK) Simulator Receives Acclaims from Display of IVR-300 at ILEETA Trade Show

Monday, May 3rd, 2010

VirTra Systems participated in the International Law Enforcement Educators and Training Association (ILEETA) Trade Show in Chicago on April 19 – 24 and has received positive reviews regarding their simulators on Policemag.com after they showcased their IVR-300 HD training system. As an organization, ILEETA is known worldwide for their commitment to the reduction of law enforcement risk through the enhancement of training for criminal justice practitioners. Policemag.com, the online law enforcement magazine, is recognized as an industry leader in the police community.

The author of the article, David Griffith, states, “The visuals on the VirTra are stunning, but what really sets the IVR-300 HD apart from many other simulators is its sound quality. Stone (Spencer Stone, VirTra’s business director of law enforcement) was playing a helicopter effect at ILEETA, and it sounded like one was landing in the training area. For more realistic bass sounds, the training stage features a series of transducers. The effect is very realistic.”

VirTra Systems, a developer and manufacturer of immersive virtual reality (IVR) products, offers several different lines of simulators for both the military and the law enforcement industry. Their patent-pending, state-of-the-art technologies come in an array of prices for all budgets and range from single screen simulators to full 360 degree enclosures that can be customized for all levels of marksmanship training and use of force training. Currently, the VirTra products are used by law enforcement agencies and military divisions both within the United States and internationally.

On April 29th, VirTra announced that they have expanded their management team by hiring Mr. Don Andrus as their new president. Mr. Andrus, a Military Police veteran with the Air Force, has an extensive history of developing companies including 24 very successful years with May Department Stores. Commenting on becoming a part of the VirTra Systems management team, Mr. Andrus stated, “VirTra Systems has a reputation for making the most realistic firearm training simulators in the industry. This critical training component will help save lives for Military and Law Enforcement first responders. I am very excited to be part of a high growth, high-energy company.”

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VirTra Systems, Inc. (VTSI.OB) Receives an International Simulator Order

Tuesday, January 22nd, 2008

VirTra Systems announced that it has received an order from a prominent South American customer for its IVR(R) 360 totally immersive small arms training simulator. The Simulator is VirTra’s most advanced product and features six high-def screens to fully immerse trainees in a life like environment.

The simulator order includes the Company’s patent-pending Hybrid-CGI(TM) scenario engine, original training courseware in judgmental use-of-force, pistol qualification, automatic-rifle qualification, and tactical rifle qualification.

Major General Dalby, CEO of VirTra Systems, stated, “I am extremely pleased VirTra Systems continues to win tenders over other available systems on the market and expand its international footprint. I believe this sale to be quite significant, as it opens up an entirely new sales frontier, providing valuable exposure of our ‘flagship’ IVR small arms simulation product to the southern hemisphere of the Americas.”

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VirTra Systems, Inc. (VTSI.OB) Reaches an Additional 50% Gains During Friday’s Trading Hours

Friday, January 11th, 2008

Yesterday afternoon we mentioned that VTSI.OB share prices were moving upward powerfully. Today the stock made an explosive move to $0.24 for 50% gains since just yesterday’s close and 300% gains from a low made towards the end of December.

In October of last year VirTra Systems launched a new mobile live-fire small arms training simulation trailer product. The simulation trailer is based on the Company’s successful IVR simulation technology, which offers a full-featured judgmental-use-of-force scenario and three-lane marksmanship/target simulator.

The VP of Simulation commented, “Demand for such mobile live-fire trailers is considerable both domestically as well as internationally. The military and law enforcement agencies have increasingly employed these mobile live-fire trailers as a cost-effective alternative to fixed installations because they allow live-fire training anywhere, at any time-of-day, in any weather. In addition, its mobility allows agencies to provide critical training to personnel over a wide geographical area.”

The CEO also added, “We remain committed to offering the training community innovative, high-tech, immersive small arms training simulation products at extremely competitive prices. VirTra Systems is now well-positioned to become the preferred vendor for fixed, mobile, laser-based, and live-fire immersive small arms simulation training.”

The new product has already received multiple bid requests and the company anticipates augmenting sales from both military and law enforcement agencies.

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VirTra Systems, Inc. (VTSI.OB) Continues Uptrend to Higher Prices

Thursday, January 10th, 2008

Since the 27th of last month, VTSI.OB share prices have increased 100%. This afternoon the price per share is up 7.14% from yesterday’s close on 1,000 traded shares. The powerful move came after the Company announced that it has received an order for six more small arms training simulators from its partner, Ti Training Corp, in Englewood, Colorado.

The orders to be filled are worth an estimated $300,000 and came from nearly every market segment including federal agencies, state agencies, municipal and county governments, as well as a state funded mass transit authority. The CEO commented, “’Ti Training’s expert sales force is highly effective marketing these types of systems to domestic law enforcement and local government entities.”

The company also revealed that it has a backlog of 25 firearms simulators to be filled and anticipates delivering those to the Transportation Security Administration in the Department of Homeland Security and a European customer soon. The Company is committed to continuing in its efforts to both build shareholder value and simulate more sales.

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VirTra Systems, Inc. (VTSI.OB) Share Prices Increase an Additional 11.11% Wednesday Morning

Wednesday, January 2nd, 2008

VTSI.OB shares continued to reach for higher prices after creating a base at $0.008 last week. Monday the price per share increased 8.43% and Tuesday the stock market was closed for New Years Day. The Company has moved forward considerably with its business plan throughout the year of 2007.

VirTra Systems recently announced unaudited results for the third quarter ended September 30, 2007. The total revenue reportedly increased 164% from $462,921 for the third quarter of 2006 to over $1.2 million. Major General Perry V. Dalby (USA-Retired), CEO of Virtra Systems, commented, “This quarter’s best-ever performance is significant and reflects continued quarter-over-quarter growth.”

Throughout the third quarter, the company sold, upgraded or installed its IVR small arms simulators for the United States Air Force, the Department of Defense, the United States Navy, the United States Marine Corps, United Sates Marshals Service, the Kansas City Police Department, in addition to other police departments and training academies. As stated by management, “VirTra Systems continues in its efforts to further stimulate sales and building shareholder value.”

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VirTra Systems, Inc. (VTSI.OB) Share Prices Escalate 31.82% During Monday’s Trading

Monday, December 17th, 2007

VirTra Systems’ share price is currently trading 31.82% higher than yesterday’s close with over 285,000 traded shares. This significant rise follows the addition of the stock to Buyins.net’s Naked Short List. Naked short selling is short selling a stock without first borrowing the shares or making an “affirmative determination” that the shares can be borrowed.

Buyins.net is committed to finding out all the details of this illegal naked short selling. The service calculates the number of shares and the average price the stock was shorted. Through these and additional efforts, the website anticipates the covering of these shares; consequently increasing the value of each share.

VirTra Systems is the world leader in virtual reality development. The company markets combat, marksmanship, and situational awareness firearms training systems to domestic military agencies such as the U.S. Air Force and international law enforcement agencies. The company also produces custom advertising/promotional virtual reality systems that utilize the senses of motion, touch, sound, and smell.

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Virtra Systems, Inc. (VTSI.PK) Has Much Potential to Excel with Leading Senior Management Team

Thursday, December 13th, 2007

VirTra System’s management team consists of industry professionals with extensive knowledge and background in both leadership positions and the virtual reality industry. The CEO, Major General Perry V. Dalby (USA-Retired), acquired his Bachelor of Science degree from Oklahoma Christian University in 1966 and his Masters of Science degree from the University of Southern California in 1978. He began his military service in 1966 and was commissioned a year later.

As General Dalby served in the military, his leadership qualities shown and soon he was assigned as the executive officer for the 55th Aviation Detachment. When he returned from the mission, he was assigned as an infantry company commander with the 2nd Armored Division. In December of 2000, General Dalby assumed command of the 75th Division (Training Support) and mobilized the division in support of the global war on terrorism in January, 2003. In addition to the CEO’s illustrious military command and training experience, he also previously served in a management capacity for private-sector contract-manufacturing operations.

The President of the Company, Bob Ferris, previously was the president of the former Ferris Productions, which he founded in 1993. He received his degree in systems engineering from the University of Arizona and obtained a grant from the Honors College to study data visualation in virtual reality. Mr. Ferris has lectured at various trade shows, published articles, developed advanced, high-tech products, and is known as one of the ‘grandfathers’ of virtual reality.

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Virtra Systems, Inc. (VTSI.PK) Immersa-Dome Provides a One of a Kind Experience

Friday, December 7th, 2007

VirTra Systems’ Immersa-Dome(TM) is an innovative concave screen that delivers Hi-Definition images which completely fill the user’s front and peripheral vision. As stated by the company, “The visual experience from within the Immersa-Dome is breathtaking.”

The product is only limited by the resolution of the projector equipped. The standard projector provided has a high-def resolution of 1280×720. As projector technology continues to advance, the Immersa-Dome will benefit without any additional upgrades.

The Immersa-Dome is patented technology offered only by VirTra Systems. The complete system features vibration in the seat, time-triggered scents, and wind simulation, not to mention stereo surround sound which completes the multi-sensory experience.

An array of content can be used to project images on the screen, which creates multiple opportunities for the company in which to market this unique product. The company’s clients include General Motors, Pennzoil, Red Baron(TM) Pizza, and the U.S. Army.

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VirTra Systems, Inc. (VTSI.OB) Announces $300,000 in Simulation Orders

Wednesday, November 28th, 2007

VirTra Systems’ CEO, Major General Perry V. Dalby (USA-Retired), announced today that the company received six additional small arms training simulator orders from its partner, Ti Training Corp.

The orders, which came from almost every market segment including federal agencies, state agencies, municipal and county government, and a state funded mass transit authority, together are worth an estimated $300,000 and marketed under the brand name, Training Lab(TM).

The CEO stated, “We continue to be pleased with our partnership with Ti Training. Ti Training’s expert sales force is highly effective marketing these types of systems to domestic law enforcement and local government entities.”

“We currently have a backlog of another 25 of these firearms simulators, and expect to soon begin delivering those to both the Transportation Security Administration in the Department of Homeland Security, and a European customer,” he added.

Major General Dalby also noted that the company will be demonstrating its new 3-D stereoscopic tactile infantry training technology, that features sophisticated real-time interaction with warfare simulation content, at this year’s Interservice/Industry Training, Simulation & Education Conference (I/ITSEC), in Orlando, Florida.

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VirTra Systems, Inc. (VTSI.OB) to Demonstrate its Advanced 3-D Immersive Dismounted Infantry Training Simulator

Tuesday, November 27th, 2007

VirTra Systems announced this morning that it will exhibit its dismounted infantry simulator, which is known as the most technologically advanced in its class, at this year’s Interservice/Industry Training, Simulation & Education Conference (I/ITSEC), in Orlando, Florida.

Major General Perry V. Dalby (USA-Retired), CEO of VirTra Systems, stated, “VirTra Systems continues to advance critical small arms training simulation to meet the changing needs of dismounted infantry engaging today’s fourth-generation, insurgent fueled urban warfare. We invite our customers to experience this new technology by visiting our display at Christie’s booth, #3339, this week in the Orange County Convention Center in Orlando, Florida.”

The ultrahigh-resolution simulator utilizes a stereoscopic technology that increases the user’s depth-of-field vision to enable realistic targeting. The CEO commented, “Essentially, this technology enables trainees to look around corners or over cover, and brings us one step closer to holographic or “holodeck” type simulation conceptualized by the popular Star Trek television series.”

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VirTra Systems, Inc. (VTSI.OB) Third Quarter Revenues Increase 164%

Monday, November 19th, 2007

VirTra Systems, Inc. (VTSI.OB) has announced unaudited fiscal results for the third quarter that has ended September 30, 2007.

During this period, total revenue totaled $1,222,325. This figure, compared to the value of $462,921 that was reported during the third quarter of 2006, represents an increase of 164%. Furthermore, net loss for this quarter was $318,388, or $0.00 per share. VirTra System’s net loss reflects a onetime accounting charge for the 2007 Employee Stock Option Plan of $413,455; had it not been for this one time charge, the third quarter’s balance sheets would have shown an overall net gain.

Major General Perry V. Dalby (USA-Retired), VirTra Systems’ Chief Executive Officer, stated, “This quarter’s best-ever performance is significant and reflects continued quarter-over-quarter growth. During the third quarter, VirTra Systems’ sold, upgraded, or installed its IVR(R) immersive small arms simulators for the United States Air Force, the Department of Defense, the United States Navy, the United States Marine Corps, United Sates Marshals Service, the Kansas City Police Department, as well as other police departments and training academies.”

Dalby continued, “We are pleased that demand for our immersive small arms training simulators continues, and also look forward to soon delivering the first of 24 systems to the Transportation Safety Administration in the Department of Homeland Security. VirTra Systems continues in its efforts to further stimulate sales and building shareholder value.”

VirTra Systems supplies a plethora of situational training systems to varying military agencies that include: the U.S. Army, Navy, Air Force, Marines, Department of Defense, and national and international law enforcement agencies. The company’s portfolio consists of virtual reality systems and 3-D theaters for clients such as General Motors, Pennzoil, Red Baron(TM) Pizza, and the U.S. Army.

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VirTra Systems, Inc. (VTSI.OB) Unique Product Line Leads the Rest of the Industry

Friday, November 9th, 2007

VirTra Systems is the only manufacturer of 360-degree capable, high-definition firearms training simulator systems for military, police, law enforcement, and security agencies. The immersive 360-degree environment incorporates the realism of sight, touch, sound, and smell for optimal experience.

Up until this point, range officers were not able to replicate actual shootings for training purposes because of legacy technology limitations. But today VirTra Systems’s IVR™ series firearms training simulators allow real-world training in a simulated environment that is closer to actual police and military situations than ever before.

These exclusive systems have attracted the interest of many. Earlier last month, the company announced that it has received an order from the U.S. Amry. The Company’s CEO stated in the press release, “We continue to receive new and repeat simulator orders from all branches of our military. In addition, I soon expect certain pending international tenders to also be forthcoming.”

The management believes that VirTra systems is well-positioned to continue recent growth and that its new mobile live-fire trailer product, successful IVR 4G military and IVR HD law enforcement product lines offer solutions to fit any budget and satisfy any small arms training need.

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VirTra Systems, Inc. (VTSI.OB) Announces Promotion through QualityStocks.net

Monday, October 22nd, 2007

VirTra Systems will be featured in upcoming Daily Newsletters, Daily Blogs, Message Boards, and the Small Cap Daily Internet broadcasts put out by QualityStocks. QualityStocks has over 400,000+ subscribers to The Daily Stock Newsletter, which is a free service that collects data from hundreds of Small-Cap and Micro-Cap online Investment Newsletters and puts it all into one Free Daily Newsletter Report

Major General Perry V. Dalby, CEO of VirTra Systems, has the company focused on marketing totally immersive combat, marksmanship, and situational awareness firearms training simulators to domestic military agencies such as the U.S. Air Force and international law enforcement agencies. Major General Dalby stated, “VirTra Systems has a unique and solid business foundation. It is providing a long needed capability with our immersive small arms training simulators.”

Michael McCarthy, Director of Business Development for QualityStocks.net, stated that he is excited to have VirTra Systems as a featured company. He continued to say that VirTra Systems is methodically establishing itself as a category leader.

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VirTra Systems, Inc. (VTSI.OB) Receives Purchase Order from Department of Veterans Affairs

Tuesday, October 9th, 2007

VirTra announced today that it has received an IVR base small arms training simulator order from the Department of Veterans Affairs. The simulator order also requested hi-definition accessories such as VirTra Systems’ judgmental use-of-force, marksmanship, and target training scenario library, a lowlight training system, handgun training- conversion kits, and two of VirTra Systems’ patent-pending Threat-Fire(TM) return-fire simulator belts.

VirTra Systems’ Vice President of simulation, Michael Kitchen, stated, “’The Department of Veterans Affairs is a large nationwide organization, and I am very pleased that it has chosen our IVR small arms simulator to train its police and security personnel.” He continued to add, “Award of this tender is significant as it opens the door to other opportunities within this large and prestigious organization. We are committed to advancing small arms training to the highest levels of realism and service within all branches of our military and federal security agencies.”

The company’s CEO, Major General Perry V. Dalby, commented, “We are pleased that market share of VirTra Systems’ full range of small arms training simulators, from single-screen to fully immersive models, continues to grow. Our IVR simulators meet an important need within the military, security, and law enforcement markets providing highly effective immersive small arms training at competitive pricing.”

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VirTra Systems, Inc. (VTSI.OB) Receives Purchase Order from U.S. Army

Wednesday, October 3rd, 2007

VirTra Systems, Inc. announced that it has received a small arms training simulator order from the United States Army. The system features high-definition judgmental use-of-force scenarios, marksmanship/target training, an OC pepper spray training system, and weapon training conversion kits allowing trainees to safely train using their own weapons without the need for permanent modifications.

The order included VirTra Systems’ scenario authoring station, which allows customers to easily and quickly develop their own training scenarios. The advanced customization platform makes training more specific to each customer’s criteria at a considerable cost savings compared to custom-produced filmed scenarios.

The CEO, Major Perry V. Dalby, stated, “We continue to receive new and repeat simulator orders from all branches of our military. In addition, I soon expect certain pending international tenders to also be forthcoming.”

He continued to add, “VirTra Systems is now well-positioned to continue its recent growth. When added together, our new mobile live-fire trailer product and our successful IVR 4G military and IVR HD law enforcement product lines, with single-screen and fully immersive models, offer solutions to fit any budget and satisfy any small arms training need.”

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Virtra Systems, Inc. (VTSI.OB) Launches New Mobile Simulation Trailer

Tuesday, October 2nd, 2007

Virtra Systems’ CEO, Major General Perry V. Dalby, announced this morning that the company has launched a new mobile live-fire small arms training simulation trailer product. The new simulation trailer (as pictured below) is based on VirTra Systems’ successful IVR simulation technology, which offers a full-featured judgmental-use-of-force scenario and three-lane marksmanship/target simulator, and is available in both law enforcement and military models for use with fully automatic small arms up to .50 caliber in size. The mobile live-fire trailer costs between $250,000 and $500,000 depending on how the customer accessorizes the product.

The company’s VP of Simulation stated, “Demand for such mobile live-fire trailers is considerable both domestically as well as internationally. The military and law enforcement agencies have increasingly employed these mobile live-fire trailers as a cost-effective alternative to fixed installations because they allow live-fire training anywhere, at any time-of-day, in any weather. In addition, its mobility allows agencies to provide critical training to personnel over a wide geographical area.”

The CEO commented, “We remain committed to offering the training community innovative, high-tech, immersive small arms training simulation products at extremely competitive prices. VirTra Systems is now well-positioned to become the preferred vendor for fixed, mobile, laser-based, and live-fire immersive small arms simulation training.”

In conclusion, the press release also stated that the company has already received multiple bid requests concerning the new product and expects to augment sales for both military and law enforcement agencies.

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VirTra Systems, Inc. (VTSI.OB) Share Prices Increase 150% in Three Days

Wednesday, September 26th, 2007

 

VTSI.OB shares are currently engaged in a multi-day run and have increased considerably since our “One to Watch” Alert last week. Yesterday the stock experienced record-breaking volume, and today shares broke past the 50-day average. 

For over a decade, VirTra Systems, Inc. has developed virtual reality and 3-D experiences, and manufactured systems that surpass the competition. The company offers businesses a way to create customizable virtual-reality promotions based on a specific demographic, brand and consumer message.

VirTra’s marketing systems have been extremely successful in the past. A prime example is the results from a virtual reality test drive experience, created by VirTra, which highlighted the features of the Buick LeSabre. During one event, more than 140 Buicks were later sold to those who went through the virtual reality experience.

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VirTra Systems, Inc. (VTSI.OB) Receives 24-system Simulator Order from the Department of Homeland Security

Tuesday, September 25th, 2007

VirTra Systems announced that it has received a 24-system order from the Department of Homeland Security. The 24-system simulator order included weapon training-conversion kits and other accessories, bringing the total order to nearly $1 million dollars. The IVR base simulators, marketed through VirTra Systems’ partner Ti Training Corp, have generated total sales of 45 full-featured, single-screen small arms training simulators since last October.

Major General Dalby, CEO of Virtra Systems, stated, “We are pleased that Ti Training’s sales have gained significant traction since last fall. The team at Ti Training certainly put together a major effort to win this tender from such a prestigious agency, and speaks volumes about the caliber and effort of Ti Training’s sales force.”

He continued to say, “In addition, with our IVR small arms training simulators now installed in every branch of our military, federal installations with the U.S. Marshals Service and the DHS, multiple international installations, and key law enforcement agency placements such as Kansas City and Charleston police departments, it is clear that immersive training is preferred and has been embraced by the industry. VirTra Systems is committed to continue leading the way developing immersive training simulation products.”

The management of the company is pleased that sales forecasts have been increased due to several unexpected domestic and international sales requests. The CEO concluded that he expects “a strong showing by year’s end.”

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VirTra Systems Inc. (VTSI.OB) is Well Positioned in a Quickly Growing Industry

Friday, September 21st, 2007

The use of a 360-degree training simulator for squad training and marksmanship is quickly becoming a vital tool for preparing new and experienced troops. VirTra Systems’ virtual reality technology simulates real-world situations that soldiers encounter. Because a trainee can be placed in an immersive 360-degree virtual environment, any scenario can be trained for.

IVR training systems use many innovative ways to bring virtualization closer to reality, putting a higher degree of stress on the trainee in the same way a real world situation would. Some of the possible uses include: commands given by a commanding officer, flash-bang grenades to be set off electively, night vision devices, weapon recoiling, and 3-dimensional sound cues.

VirTra System’s IVR product series range from portable systems to fixed-based, 360-degree systems that place trainees inside photorealistic environments custom-made to specific curriculum, policies, and procedures. To view a product demonstration, please visit the following link to the company’s corporate website: http://www.virtrasystems.com/tr_video.cfm

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VirTra Systems Inc. (VTSI.OB) is One to Watch

Tuesday, September 18th, 2007

VirTra Systems is the world leader in virtual reality development. The company markets combat, marksmanship, and situational awareness firearms training systems to domestic military agencies such as the U.S. Air Force and international law enforcement agencies.

The company also produces custom advertising/promotional virtual reality systems that utilize the senses of motion, touch, sound, and smell. VirTra Systems is currently the most experienced virtual reality company in the world, and plans to retain its position as the industry leader.

The company’s Chief Executive Officer has distinguished military command and training experience, and previously served in management for contract manufacturing operations. He received his Bachelor of Science degree in 1966 and his Masters of Science degree in 1978.

Both the Training/Simulation and Advertising/Promotion markets have been driven by the ideal combination of timing, evolving technology, and viable market opportunities. There is much potential for VirTra Systems as it leads the industry with its cutting edge technologies and ideas.

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