Wise Investments

[Linchuck]

FATS news

Firearms Training Systems, Inc. Announces $3,500,000 in Multiple U.S. Military & Governmental Contract Awards
Business Wire - October 02, 2003 10:15
SUWANEE, Ga.--(BUSINESS WIRE)--Oct. 2, 2003--Firearms Training Systems, Inc. (OTC: FATS) announced today that they have received multiple contract awards in excess of $3,500,000. These awards were received during the period of 1 August through 30 September, from multiple U.S. Military and Government organizations. The contracts require delivery of digital systems, upgrading of existing systems and a variety of weapons simulators, courseware and service. Deliveries, installation and training will begin in October and will continue through May 2004.

CEO Ron Mohling stated that, "We continue to enjoy great success in this marketplace and are pleased that the majority of the U.S. Military and Government organizations select FATS as their provider of choice for their virtual training needs. FATS is proud to be a leading contributor in making the world a safer place by providing quality virtual training products that increase individual and small unit competency."

FATS(R) is an ISO 9000 certified company and is the leading worldwide producer of interactive simulation systems, incorporating exceptional advanced technology, designed to provide a comprehensive range of military and law enforcement training capability including the handling and employment of small and supporting arms, judgmental, tactical, and combined arms.


CONTACT: Firearms Training Systems, Inc., Suwanee
John Morelli, 770-622-3337
[e-mail]