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VirTra Receives Order from Saudi Aramco and Mexico
Sep 16, 2009 9:20:00 AM
Copyright Business Wire 2009
TEMPE, Ariz.--(BUSINESS WIRE)-- Bob Ferris, VirTra Systems' CEO and president (OTC:VTSI.PK), today announced that VirTra has received an order for a multi-screen firearm training simulator system from Saudi Aramco and a multi-screen firearm training system for immediate delivery to Mexico.
This sale expands VirTra's growth in the Middle East and establishes a new relationship with Saudi Aramco, one of the world's largest companies. This sale is VirTra's third in the Middle East.
In addition, VirTra received an order from its Mexican distributor for a multi-screen police simulator with recoil kits and accessories. VirTra's Mexican distributor's success continues; this transaction marks their eleventh South American sale.
"The continued success of our distributor in Mexico further encourages us to expand our international reach as a company. Also, we are honored by the order and our new opportunities with Saudi Aramco. VirTra's firearm training simulators are finding application in large companies that must protect their assets and interests, with our simulation technology enabling a higher standard in realistic security training for their personnel," said Bob Ferris, CEO and President of VirTra Systems.
The value of both sales combined is approximately $500,000.
About VirTra Systems
The company produces the best-in-class firearm simulators for both law enforcement and military customers throughout the world. VirTra is the higher standard in simulation: from exceptional customer service to unparalleled technology like 360 degree HD training platforms and the Threat-Fire(TM) safe return fire system (patent pending). When training realism matters, military and law enforcement professionals consistently select VirTra's simulators to help save lives.
www.virtra.com.
About Saudi Aramco
Owned by the Saudi Arabian Government, Saudi Aramco is a fully integrated, global petroleum enterprise, and a world leader in exploration and producing, refining, distribution, shipping and marketing. The company manages proven conventional reserves of 260 billion barrels of oil, the largest of any company in the world, and manages the fourth-largest gas reserves in the world.
In addition to its headquarters in Saudi Arabia's Eastern Province city of Dhahran, Saudi Aramco has affiliates, joint ventures and subsidiary offices in China, Japan, the Netherlands, the Republic of Korea, Singapore, Malaysia, the United Arab Emirates, the United Kingdom and the United States. More information about Saudi Aramco can be found at www.saudiaramco.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.
Source: VirTra Systems, Inc.
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Jed Wallace
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