VirTra Celebrates 30th Anniversary Since its Founding in 1993
July 10 2023 - 8:00AM
VirTra, Inc. (Nasdaq: VTSI) (“VirTra”
or the “Company”), a global provider of judgmental use of
force training simulators, firearms training simulators for the law
enforcement and military markets, is celebrating its 30th
anniversary in 2023. This significant milestone will be recognized
over the next several months leading up to celebratory events
scheduled in November.
Founded in 1993 as Ferris Productions, which
eventually became VirTra, the Company has achieved numerous notable
achievements over the past 30 years, including:
- Creating the world’s first
5-screen, 300-degree training simulator for police and military
applications
- Introducing Threat-Fire™, the first
of its kind patented electronic consequence feedback device, in
2004
- Successfully listing on the Nasdaq
stock exchange under the ticker symbol VTSI in 2018
- Launching the Subscription Training
Equipment Partnership (STEP)™ program in 2019, providing agencies
with cost-effective access to the VirTra top-of-class training
platform on a subscription model
- Establishing a new headquarters in
Chandler, Arizona in 2021 with the acquisition of a
state-of-the-art facility with the industry’s first in-house
volumetric video capture studio
- Opening a new facility focused on
the military simulation market in Orlando, Florida in 2022
“Over the past three decades, VirTra has not
only rewarded our loyal shareholders but also become the gold
standard for training law enforcement agencies and military
personnel in over 40 countries with life-saving technology,” said
Bob Ferris, chairman and co-CEO of VirTra. “Our unwavering
commitment to protecting the lives of first responders and the
communities they serve fuels every endeavor undertaken by myself
and the dedicated team at VirTra. As we continue to forge ahead, we
remain steadfast in our mission, ensuring many more years of
impactful service lie ahead.”
To commemorate the significant milestone, VirTra
is planning media and open house events to celebrate with clients
and stakeholders. Details of these events will be shared with the
relevant parties through email correspondence as scheduled dates
are finalized.
About VirTra, Inc.VirTra
(Nasdaq: VTSI) is a global provider of judgmental use of force
training simulators, firearms training simulators and driving
simulators for the law enforcement, military, educational and
commercial markets. The company’s patented technologies, software,
and scenarios provide intense training for de-escalation,
judgmental use-of-force, marksmanship, and related training that
mimics real-world situations. VirTra’s mission is to save and
improve lives worldwide through practical and highly effective
virtual reality and simulator technology. Learn more about the
company at www.VirTra.com.
Forward-Looking StatementsThe
information in this discussion contains forward-looking statements
and information within the meaning of Section 27A of the Securities
Act of 1933, as amended, and Section 21E of the Securities Exchange
Act of 1934, as amended, which are subject to the “safe harbor”
created by those sections. The words “anticipates,” “believes,”
“estimates,” “expects,” “intends,” “may,” “plans,” “projects,”
“will,” “should,” “could,” “predicts,” “potential,” “continue,”
“would” and similar expressions are intended to identify
forward-looking statements, although not all forward-looking
statements contain these identifying words. We may not actually
achieve the plans, intentions or expectations disclosed in our
forward-looking statements and you should not place undue reliance
on our forward-looking statements. Actual results or events could
differ materially from the plans, intentions and expectations
disclosed in the forward-looking statements that we make. The
forward-looking statements are applicable only as of the date on
which they are made, and we do not assume any obligation to update
any forward-looking statements. All forward-looking statements in
this document are made based on our current expectations,
forecasts, estimates and assumptions, and involve risks,
uncertainties and other factors that could cause results or events
to differ materially from those expressed in the forward-looking
statements. In evaluating these statements, you should specifically
consider various factors, uncertainties and risks that could affect
our future results or operations. These factors, uncertainties and
risks may cause our actual results to differ materially from any
forward-looking statement set forth in the reports we file with or
furnish to the Securities and Exchange Commission (the “SEC”). You
should carefully consider these risk and uncertainties described
and other information contained in the reports we file with or
furnish to the SEC before making any investment decision with
respect to our securities. All forward-looking statements
attributable to us or persons acting on our behalf are expressly
qualified in their entirety by this cautionary statement.
Investor Relations Contact:
Matt Glover and Tom ColtonGateway Group, Inc.
VTSI@gateway-grp.com949-574-3860
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