Wednesday, October 25, 2006 8:19:26 AM
PR Newswire - October 25, 2006 08:16
HOUSTON, Oct 25, 2006 /PRNewswire-FirstCall via COMTEX/ -- VirTra Systems, Inc. (OTC Bulletin Board: VTSI). Major General Perry V. Dalby (USA-Retired), VirTra Systems' chief executive officer, today announced sale of an IVR(R) 4G- 180 firearms training simulator to Raytheon Missile Systems.
The simulator order includes handgun training conversion kits, flashlight simulation software, a trainee recording system (TMaR(TM)) allowing real-time monitoring, recording, and playback of a trainee's performance during debriefings, and TASER(R) and OC chemical spray training accessories. The system is scheduled for near-term installation.
"Raytheon's role as a prime defense contractor requires a security force of well-trained professionals to protect critical corporate and defense customer assets," commented Ed Miller, Raytheon's assistant chief of plant security. "We found the IVR simulator a perfect fit for our officers' ongoing marksmanship and use-of-force training programs, and with its 180-degree threat capability, will more effectively train our organization regardless of time-of-day or weather conditions."
Raytheon Company (NYSE: RTN), with 2005 sales of $21.9 billion, is an industry leader in defense and government electronics, space, information technology, technical services, and business and special mission aircraft.
"We are pleased that Raytheon has become our first private-sector customer," commented Michael Kitchen, VirTra Systems' executive vice- president. "VirTra Systems' IVR small arms training simulators are well- suited for training security personnel to effectively protect our nation's critical defense industry installations. Our IVR 360-degree capable immersive small arms training simulators come in both law enforcement and military versions at competitive pricing that can meet any budget."
About VirTra Systems
Utilizing patented technology, VirTra Systems sells situational awareness firearms training systems to military agencies such as the U.S. Army, Navy, Air Force, Marines, and Department of Defense, and to national and international law enforcement agencies. The company also produces multisensory promotional virtual reality systems and 3-D theaters for clients such as General Motors, Pennzoil, Red Baron(TM) Pizza, and the U.S. Army. For more information, visit http://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.
Media Relations:
VirTra Systems, Inc.
Steve Haag, vice-president of investor relations
Houston, Texas
(832) 242-1100
shaag@virtra.com
SOURCE VirTra Systems, Inc.
Steve Haag, vice-president of investor relations of VirTra Systems, Inc.,
+1-832-242-1100, or shaag@virtra.com
http://www.virtra.com
Copyright (C) 2006 PR Newswire. All rights reserved
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