VirTra Inc (VTSI)

[timhyma]

www.MarketGainer.com: Market Gainer releases profile for VirTra Systems Incorporated

M2 Communications via COMTEX


Oct 27, 2005 3:23:04 AM

Oct 27, 2005 (M2 PRESSWIRE via COMTEX) --

MarketGainer.com strives to find dynamic issues that are unknown but because of their technology, approach, executive team, recent discoveries or other key factors, could advance in the market. MarketGainer.com has identified the following company based on these criteria. VirTra Systems, Inc. (OTCBB:VTSI), is a company that engages in the design, development, distribution, and operation of personal computer and nonpersonal computer-based products, including virtual reality products for the entertainment/amusement, training/simulation, and advertising/promotion markets.

Shareholders demonstrated interest in the company today as shares rose 30% in value. Yesterday's share price of 14 cents was exceeded by a high of 18.5 cents, as share volume grew beyond the daily average of 149 thousand, to today's exchange of 893 thousand shares.

The company announced that it has signed a letter of intent to acquire three private electronics companies, Altatron, Inc., Dynalyst, Inc., and Suntech, Inc. in a stock-for-stock or merger transaction. Terms of the transaction were not disclosed. The agreement will be subject to a number of conditions, especially VirTra Systems' due diligence review, and approval by its shareholders.

Altatron is an ISO 9001:2000 original equipment manufacturer in the telecomm-unications, networking, computer, consumer electronics, and medical devices industry. Dynalyst is a boutique company focusing on extremely high-end PCB design engineering and fabrication for the semiconductor industry. Suntech is also an ISO-certified company delivering customized electronic components, primarily electronic printed circuit boards, with physical presences in Taiwan, Hong Kong, and China.

In addition to vertical integration of components required for VirTra Systems' IVR simulators, the acquisition would bring.......

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