Posted by: bbarcena
on May 14, 2012 | Tagged in: Press Release
Tempe, Arizona (May 14, 2012) -- VirTra Systems (OTC Pink: VTSI.PK), a leading provider of firearms training simulation systems to military, law enforcement agencies and other organizations, today announced the addition of Mark Skidmore in the position of Director of Finance and Corporate Controller. Mr. Skidmore brings more than 20 years of accounting and financial control experience from his time spent in Big 4 accounting and with public and private companies from the start-up to Fortune 100 level.
Mr. Skidmore joins VirTra from his previous position of Chief Financial Officer and Vice President of Finance and Accounting at Boon Inc. and Keen Distribution LLC, a privately held children’s products company, which he joined as a start-up in 2005 and helped grow to more than $30 million in annual global revenues. In this role he managed all of the company’s financial and support functions including internal and external reporting, human resources, banking, insurance, benefits, forecasting and budgeting. In addition, Mr. Skidmore was responsible for South and Central America sales and distribution and was a liaison for production in China, third party logistics in California and New Jersey and international distributors. He has also been intimately involved in the negotiations, due diligence, close and current transition related to the company’s acquisition by TOMY International in 2011.
Prior to this, Mr. Skidmore served as Chief Financial Officer and Controller for Precision Dynamics International LLC, a privately held automotive marketing events company. In this position he was responsible for managing the finance and support areas across seven subsidiary companies including three corporations and four LLCs. This included financial reporting, corporation commission reporting, managing human resources and information technology, real estate and fixed asset acquisition and handling IRS, state and financial audits.
Posted by: bbarcena
on May 04, 2012 | Tagged in: Press Release
Tempe, Arizona (May 4, 2012) -- VirTra Systems (OTC Pink: VTSI.PK), a leading provider of firearms training simulation systems to military, law enforcement agencies and other organizations, today announced a sale of its VirTra 300 LE Simulator to Hudson County Office of Emergency Management.
Jack Burns, Director for Office of Emergency Management for Hudson County stated, "Hudson County OEM had the good fortune of hosting the VirTra simulator in our own backyard. We invited all of our Police Departments and Agencies along with many other departments in New Jersey to visit, utilize and experience the simulator. We asked all who participated to fill out a short evaluation form and not one individual or agency had a single complaint. All had high praise and said it was one of the best training adjuncts they ever worked with. We also liked the ability of the controller to modify the simulation based on the officers’ response to the unfolding scenario.”
“We at OEM feel that the safety of our Police, Fire and EMS personnel is of paramount importance. The training they receive allows for the enhanced performance of their duties and enables them to protect our citizens and return safely to their families. We feel anything we can do to augment that training is well worth the effort and cost,” Mr. Burns continued.
Posted by: bbarcena
on Apr 25, 2012 | Tagged in: Press Release
Tempe, Arizona (April 25, 2012) -- VirTra Systems (OTC Pink: VTSI.PK), a leading provider of firearms training simulation systems to military, law enforcement agencies and other organizations, today announced the hiring of Jason Mulcahy as VirTra’s liaison to the government and military community. Mr. Mulcahy possesses a unique blend of military experience along with a proven track record of selling high-tech products to the department of defense and other federal agencies.
Prior to joining VirTra, Mr. Mulcahy was Director of Sales for Reality Engineering, a visual interactivity technology company. In this position he designed and implemented a sales model that led the small startup company from a distribution sales model to a direct sales force with 20 regional territories.
Posted by: bbarcena
on Apr 20, 2012 | Tagged in: Press Release
Tempe, Arizona (April 20, 2012) -- VirTra Systems (OTC Pink: VTSI.PK), a leading provider of firearms training simulation systems to military, law enforcement agencies and other organizations, today announced that it will reschedule its 2012 Annual Shareholders’ Meeting for June 8, 2012. VirTra’s revised record date for the determination of shareholders entitled to vote at the Annual Shareholders’ Meeting is the close of business on April 24, 2012. Notice of the meeting and related materials will be mailed in mid-May.
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, powerful gas-powered recoil kits and the patented Threat-Fire™ 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.
Posted by: bbarcena
on Apr 17, 2012 | Tagged in: Press Release
Tempe, Arizona (April 17, 2012) -- VirTra Systems (OTC Pink: VTSI.PK), a leading provider of firearms training simulation systems to military, law enforcement agencies and other organizations, today announced sales to new agencies within the domestic as well as international markets.
Domestically, the following agencies have recently purchased or installed a simulator from VirTra’s multi-screen simulation product line:
- Henry County, Georgia Sheriff’s Office
- Unnamed California Law Enforcement Agency
New international customers that have purchased VirTra’s simulation products through a licensed/registered distributor are located in the countries of:
These new customers also acquired various simulator accessories, such as the patented Threat-Fire™ hostile return fire devices, tetherless recoil kits, and other simulator enhancements. VirTra only releases information on sale orders and installations when the Company has express written permission from the customer.
Aaron DeCorte, Vice-President of Sales of VirTra, expressed, “We are continuing to see growth of our sales to both domestic and international customers. Our revolutionary simulator training products continue to gain notoriety with consumers throughout the world.”
Henry County, Georgia Sheriff Keith McBrayer commented, “The safety of both the public and our deputies is our highest priority. The VirTra Firearms Training Simulator is a very important tool for training both inexperienced shooters on the fundamentals of marksmanship and experienced deputies on how to make the best judgment call when faced with volatile situations. Although time on our live fire range is very valuable to our deputies, time spent in the simulator helps sharpen their skills before going to the range.”
Sheriff McBrayer further added, “The versatility and capabilities of the VirTra simulator give us the opportunity to place a deputy or two into a real life crisis situation. It makes our people become more aware of their surroundings and gives them the opportunity to work on their communications skills before taking whatever action is necessary to bring the crisis to the appropriate conclusion.”
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, powerful gas-powered recoil kits and the patented Threat-Fire™ 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.
www.VirTra.com
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.
Posted by: bbarcena
on Mar 29, 2012 | Tagged in: Press Release
TEMPE, AZ, Mar 30, 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 the Company and its Controller, Jeff Lliteras, have mutually agreed to part ways. VirTra's management has accepted Mr. Lliteras' resignation and he will be leaving the Company in mid-April. His primary responsibility the past three months has been to manage the Company's first certified audit since 2007. Mr. Lliteras' leaving VirTra was not due to any disagreement between Mr. Lliteras, the Company or its management regarding any matter related to the Company's current accounting policies. Matt Burlend, Chief Operating Officer, will temporarily assume the responsibility of managing the Company's financial and accounting departments. VirTra is currently seeking financial or accounting officer candidates and expects to complete the search in the near future.
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
virtra@themillergroup.net
www.themillergroup.net
(602) 225-0505
Posted by: bbarcena
on Mar 29, 2012 | Tagged in: Press Release
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.
Posted by: bbarcena
on Feb 09, 2012 | Tagged in: Press Release
Tempe, Arizona (February 8, 2012) -- VirTra Systems (OTC Pink: VTSI.PK), a leading provider of firearms training systems, today announced the addition of Perry Baker as the new Vice President of Hardware Development. Mr. Baker leaves Raytheon Missile Systems, as Senior Principal Mechanical Engineer. Previous to Raytheon, Mr. Baker was the Senior Manager of Mechanical Design & Analysis for Rockwell Collins for 21 years. Perry Baker has over 25-years experience in hardware design and management within the department of defense marketplace. Throughout his career, Mr. Baker integrated cutting-edge technologies into successful products that met military specification requirements for the US Army, US Navy, US Air Force, US Marines and NATO countries.
Bob Ferris, President and Chief Executive Officer of VirTra Systems, stated, “For over 25 years Perry Baker has delivered superior products to military customers worldwide. We are honored to welcome Mr. Baker to VirTra; his tremendous experience and talents in hardware engineering are expected to propel VirTra to new heights.”
Posted by: bbarcena
on Jan 30, 2012 | Tagged in: Press Release
TEMPE, AZ, Jan 30, 2012 (MARKETWIRE via COMTEX) -- VirTra Systems (PINKSHEETS: VTSI), a leading provider of firearms training systems, today announced the addition of Clint Bennett as the new Director of Marketing. Mr. Bennett brings a decade of domestic and international sales management experience to VirTra as well as marketing, product design, and development expertise in military and law enforcement markets. Mr. Bennett is responsible for generating approximately $50 million in sales during his career in both marketing and direct sales roles. Under his leadership, the international military division of one of the nation's largest publicly held Defense Industry manufacturers achieved a 60% year-over-year revenue growth.
Bob Ferris, President and Chief Executive Officer of VirTra Systems, stated, "Clint Bennett's impressive background and spotless reputation throughout the industry along with his deep desire to represent only the finest, life-saving products in the world make him an ideal fit with VirTra. He is one of the very best talents in our marketplace; we're honored to add him to our management team."
About VirTra Systems
Posted by: stevenbshaffer
on Dec 14, 2011 | Tagged in: Press Release , News
Tempe, Arizona -- December 14, 2011 -- VirTra Systems (OTC Pink: VTSI.PK), a global leading provider of firearms training systems, today announced an order for three VirTra 100 portable use of force training simulators from Agora Telecom, VirTra’s distributor in Latin America.
“Military and Law Enforcement agencies throughout the world recognize the training value of our simulators,” says Bob Ferris, CEO, VirTra Systems. “Agora’s success in expanding sales of our products in Brazil is a prime example. International sales remain a very important component of our diversified and growing revenue streams.”
The VirTra 100 is a portable firearms training system that allows use of force training in space constrained environments. This versatile single-screen system also supports up to four individual lanes for marksmanship training. The VirTra 100 features video-based scenarios that build skills throughout the entire use of force continuum. Less-than-lethal training options include TASER®, OC, and Baton; drop-in recoil kits enable officers to gain firearms skills using the same weapon they use on the street. Designed for reliability and high mobility, the VirTra 100 is the most compact single-screen simulator available.