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VirTra Expands into the Middle East " Record 3Q Profits Reported

^{Published on 2008-12-11 10:10:39 - Market Wire}
 

TEMPE, Ariz.--([ BUSINESS WIRE ])--Bob Ferris, VirTra Systems' CEO and president (Pink Sheets:VTSI), today announced that it has received an order for two of their industry-leading military training simulators from a country located in the Middle East. While specifics remain classified pending delivery, the total value of the transaction is estimated at over $400,000. The firearm-training simulators will be used for military engagement skills training, marksmanship and immersive combat training.

The firearm simulation systems include some of VirTra's innovative products, such as ‘drop-in' tetherless recoil weapon kits, highly realistic training scenarios and the patent-pending Threat-Fire™ belt, which provides safe and accurate return fire simulation. The IVR-180 4G™ military skills training simulators are scheduled for installation in approximately 4 months.

"This sale is the culmination of years of hard work, both in the simulator design as well as the sales cycle. We are honored to be chosen as firearm simulation supplier for an international government's military training program; we look forward to a long and rewarding relationship," said Bob Ferris, president of VirTra.

Ferris added, "This sale only further solidifies VirTra's continual expansion within the market. VirTra is also pleased to report the most profitable third quarter numbers in the history of the company."

About VirTra Systems

The company produces the best-in-class firearm simulators for both law enforcement and military customers throughout the world. VirTra is the higher standard in simulation: from exceptional customer service to unparalleled technology like 360 degree HD training platforms and the Threat-fire safe return fire system (both patent pending). Visit [ www.virtra.com ].

One of our most important responsibilities is to communicate with shareholders in an open and direct manner.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 Systems urges investors to review the risks and uncertainties contained within its filings with the Securities and Exchange Commission.