VirTra Inc (VTSI)

[TEEROY]

VirTra Announces Share Repurchase Activity

TEMPE, Ariz., July 17, 2017 (GLOBE NEWSWIRE) -- VirTra, Inc. (OTCQX:VTSI), (the “Company”), a global provider of simulators for the law enforcement, military, educational and commercial markets, announced today that it has recently begun to repurchase shares of its common stock under the current share repurchase authorization approved by its Board of Directors in October of 2016. To date, these shares have been purchased in the open market pursuant to a trading plan that has been adopted in accordance with Rule 10b-18 of the Securities and Exchange Commission. All shares that have been purchased will be cancelled and eliminated from the existing outstanding share count. The Company will provide details on the number of shares purchased and the average price paid in its periodic financial reports. The timing, manner, price and amount of any future share repurchases will be determined by the Company in its discretion and will be subject to economic and market conditions, stock price, applicable legal requirements and other factors.

“While our primary objective is to invest in internal projects that offer attractive returns, the board decided to repurchase shares at this time, with the goal of delivering increased shareholder value,” said Bob Ferris, Chairman and CEO of VirTra.