VirTra Appoints Director and Military Simulation Training Expert John Givens as Co-Chief Executive Officer
May 02 2022 - 8:00AM
VirTra, Inc. (NASDAQ: VTSI)
(“VirTra”), a global provider of judgmental use of force
training simulators, and firearms training simulators for the law
enforcement and military markets, has appointed John Givens as
co-chief executive officer (CEO), effective today. Givens has been
a member of the board of directors for VirTra since November 2020.
In 2010, he founded the U.S. company of Bohemia
Interactive Simulations (BISim), and during his tenure as president
of the company, he led the business to becoming one of the most
widely deployed simulation products throughout all branches of the
U.S. and allied military forces, culminating in the 2022 purchase
of BISim by BAE Systems plc for $200 million.
He has received numerous awards and honors
throughout his career, including the simulation industry’s “Pioneer
Award” for outstanding contributions and innovations to the
training and effectiveness of U.S. and overseas soldiers, sailors,
and airmen. He also serves as the Co-Chair on the National Center
for Simulation (NCS) board of directors, an association of defense
companies, government, academic, and modeling and simulations
industry members. Givens graduated with a Bachelor of Science
degree in Computer Science from Florida Institute of Technology and
proudly served in the United States Army.
“John is that rare talent who can only be
described as a force of nature and I’m honored to share the CEO
duties with him,” said Co-CEO and Chairman Bob Ferris. “From
operational excellence to record-setting business development
successes, John has an unmatched and proven track record in the
military simulation marketplace. His experience scaling successful
business operations similar to VirTra in the U.S. and
internationally should greatly help us capitalize on the
significant opportunities for VirTra in the law enforcement and
military markets.”
Givens added, “I am honored that VirTra has
given me the opportunity to be a part of the next identified growth
cycle. The team, products and services are world class industry
leaders ready for scalability under our combined Co-CEO roles. I am
proud to be part of a customer-focused and driven company whose
expertise and systems are making a significant difference for those
who protect us.”
With Givens’s appointment, VirTra’s independent
board of director members will decrease to two and the Company
plans to add an independent director in the near future.
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.
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Investor Relations Contact:Matt Glover and Jeff
Grampp, CFAGateway Group, Inc. VTSI@gatewayir.com949-574-3860
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