TEMPE, Ariz., June 27, 2016 (GLOBE NEWSWIRE) -- VirTra Systems, Inc. (OTC Pink:VTSI), a leading provider of use of force simulators and firearms training simulators, today announced a contract award of
approximately $1.0 million (USD) from the Australian Border Force, the operational arm of the Australian Federal Government’s
Department of Immigration and Border Protection.
VirTra will supply, install and maintain multiple units of its industry leading simulator systems, including its
multiple screen V-300TM judgmental use-of-force simulator and its portable V-ST PROTM firearms training
simulator. The V-300 system employs realistic video training content and an electric impulse return fire system to simulate the
stress of real-world situations. The portable V-ST PRO system is a ballistically accurate and scalable marksmanship simulator
that offers a wide variety of simulated training environments. Using VirTra’s highly-advanced systems, officers are better prepared
for hostile situations with skills honed and refined in realistic scenarios before lives are on the line.
“It is an honor to add the Australian Border Force to our expanding list of large international customers who
have selected VirTra’s industry leading training simulators,” said Bob Ferris, Chairman and CEO of VirTra. “Since 2009, we have
established a successful track record in Australia, serving four prominent and highly regarded law enforcement agencies in the
country, including the Australian Defense Force, the Victoria Police, the New South Wales Police Force, and now the Australian
Border Force. Our work with these highly valued customers supports our key strategic objective of providing the most effective and
realistic use of force and ballistically accurate marksmanship simulator solutions to law enforcement and other government agencies
throughout the world. We appreciate the opportunity to serve the Australian Border Force and look forward to exceeding their
expectations and working with them for years to come.”
About VirTra
VirTra is a global leading provider of the world's most realistic and effective judgmental use of force
simulators. VirTra is the higher standard in firearms training simulators, offering a variety of simulator platforms, powerful
gas-powered recoil kits and the patented Threat-Fire™ simulated hostile return fire system. VirTra’s products provide the very best
simulation training available for personnel that are entrusted with lethal force and critical missions. The Company’s common
stock is not registered under the Securities Exchange Act of 1934 and the Company does not currently file periodic or other reports
with the Securities and Exchange Commission.
www.VirTra.com
Forward-looking Statements
This news release includes certain information that may constitute forward-looking statements made pursuant to
the safe harbor provision of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are typically
identified by terminology such as “could”, “may”, "will," "expects," "anticipates," "future," "intends," "plans," "believes,"
"estimates," “proposed,” “planned,” “potential” and similar expressions, or are those, which, by their nature, refer to future
events. All statements, other than statements of historical fact, included herein, including statements about VirTra's
beliefs and expectations, are forward-looking statements. Forward-looking information is necessarily based upon a number of
assumptions that, while considered reasonable, are subject to known and unknown risks, uncertainties and other factors which may
cause the actual results and future events to differ materially from those expressed or implied by such forward-looking
information. Although VirTra believes that such statements are reasonable, it can give no assurance that such forward-looking
information will prove to be accurate. VirTra cautions investors that any forward-looking statements by the Company are not
guarantees of future results or performance, and that actual results may differ materially from those in forward-looking statements
as a result of various factors. Accordingly, due to the risks, uncertainties and assumptions inherent in forward-looking
information, readers and prospective investors in the Company's securities should not place undue reliance on forward-looking
information. All forward-looking information contained in this press release is given as of the date hereof, is based upon
the opinions and estimates of management and information available to management as at the date hereof and is subject to
change. The Company assumes no obligation to revise or update forward-looking information to reflect new circumstances,
whether as a result of new information, future events or otherwise, except as required by law.
Investor Relations Counsel Larry Clark Financial Profiles, Inc. (310) 478-2700 vtsi@finprofiles.com
