Value Microcaps Motherboard

[Bobwins]

VTSI .2250

TEMPE, Ariz., July 07, 2016 (GLOBE NEWSWIRE) -- VirTra Systems, Inc. (OTC Pink:VTSI), a leading provider of use of force simulators and firearms training simulators, today announced that it has received its second order for delivery of law enforcement simulators under the previously announced indefinite delivery/indefinite quantity (IDIQ) contract by the United States Department of State (DOS) that could result in up to $40 million in revenue for law enforcement training simulator equipment and services over the order period, which expires in April 2021, if all options are exercised. This order is for approximately $943,000 and will consist of both multi and single screen training simulators, related accessories and training for four separate locations in Mexico.

“We are pleased to have received this delivery order to supply additional firearm training simulator systems under this IDIQ contract in support of the U.S. Foreign Assistance Program,” said Bob Ferris, Chairman and CEO of VirTra. “Our commitment is to supply the most effective training simulator equipment available, while exceeding our customer’s expectations. We are proud to be working with the DOS and look forward to a long and mutually beneficial relationship.”

The simulators are expected to be used “in basic and advanced weapons training for developing proficiency in marksmanship, use of force judgment skills, close quarters shooting skills, tactical reloading and weapon malfunction clearing related to typical situations which law enforcement personnel face in the execution of their duties.”

About VirTra

VirTra is a global leading provider of the world's most realistic and effective judgmental use of force 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 simulation 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