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VirTra Appoints Retired U.S. Army Lieutenant General Maria R. Gervais and Georgia POST Executive Director Mike Ayers to Board of Directors

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VirTra, Inc. (Nasdaq: VTSI) has appointed two distinguished leaders to its board of directors: retired U.S. Army Lieutenant General Maria R. Gervais and Executive Director Mike Ayers of the Georgia Peace Officer Standards and Training (POST) Council. These appointments, effective October 21, 2024, bring VirTra's independent board members to four out of five, strengthening the company's governance and strategic leadership.

Lt. Gen. Gervais led a $2 billion Army modernization initiative, while Ayers oversaw a comprehensive overhaul of Georgia's police credentialing program. Their expertise in military operations and police training is expected to guide VirTra's expansion into new industries and solidify its position in immersive training technology. CEO John Givens emphasized that these appointments will advance VirTra's military training initiatives, VBS integration, and enhance the effectiveness of law enforcement training programs.

VirTra, Inc. (Nasdaq: VTSI) ha nominato due leader distinti nel suo consiglio di amministrazione: il generale di corpo d'armata in pensione Maria R. Gervais e il direttore esecutivo Mike Ayers del Georgia Peace Officer Standards and Training (POST) Council. Queste nomine, effettive dal 21 ottobre 2024, portano il numero di membri indipendenti nel consiglio di VirTra a quattro su cinque, rafforzando la governance e la leadership strategica dell'azienda.

Il generale Gervais ha guidato un'iniziativa di modernizzazione dell'esercito da 2 miliardi di dollari, mentre Ayers ha supervisionato una revisione completa del programma di certificazione della polizia in Georgia. La loro esperienza in operazioni militari e formazione della polizia si prevede guiderà l'espansione di VirTra in nuovi settori e solidificherà la sua posizione nella tecnologia di formazione immersiva. Il CEO John Givens ha sottolineato che queste nomine avanzeranno le iniziative di formazione militare di VirTra, l'integrazione del VBS e miglioreranno l'efficacia dei programmi di formazione per le forze dell'ordine.

VirTra, Inc. (Nasdaq: VTSI) ha nombrado a dos destacados líderes para su directorio: la teniente general retirada del Ejército de EE. UU., Maria R. Gervais, y el director ejecutivo Mike Ayers del Consejo de Normas y Capacitación para Oficiales de Paz de Georgia (POST). Estas nombramientos, efectivos a partir del 21 de octubre de 2024, aumentan el número de miembros independientes en la junta de VirTra a cuatro de cinco, fortaleciendo la gobernanza y el liderazgo estratégico de la empresa.

La teniente general Gervais lideró una iniciativa de modernización del ejército de 2 mil millones de dólares, mientras que Ayers supervisó una revisión integral del programa de credenciales policiales de Georgia. Se espera que su experiencia en operaciones militares y formación policial guíe la expansión de VirTra hacia nuevas industrias y consolide su posición en la tecnología de formación inmersiva. El CEO John Givens enfatizó que estos nombramientos impulsarán las iniciativas de formación militar de VirTra, la integración de VBS y mejorarán la efectividad de los programas de formación para las fuerzas del orden.

VirTra, Inc. (Nasdaq: VTSI)는 은퇴한 미 육군 중장 마리아 R. 거베스와 조지아 평화 경찰 기준 및 훈련(POST) 위원회의 전무 이사 마이크 에이어스를 이사로 임명했습니다. 이 임명은 2024년 10월 21일에 발효되며, VirTra의 독립 이사 수를 5명 중 4명으로 늘려 회사의 지배구조와 전략적 리더십을 강화합니다.

거베스 중장은 20억 달러 규모의 육군 현대화 이니셔티브를 주도했으며, 에이어스는 조지아의 경찰 인증 프로그램을 전면 개편하는 일을 담당했습니다. 군사 작전 및 경찰 훈련에 대한 그들의 전문성이 VirTra가 새로운 산업으로 확장하고 몰입형 훈련 기술에서의 입지를 굳건히 하는 데 도움이 될 것으로 기대됩니다. CEO 존 기븐스는 이러한 임명이 VirTra의 군사 훈련 이니셔티브, VBS 통합을 진전시키고 법 집행 훈련 프로그램의 효과를 향상시킬 것이라고 강조했습니다.

VirTra, Inc. (Nasdaq: VTSI) a nommé deux leaders distingués à son conseil d'administration : le général à la retraite de l'armée américaine Maria R. Gervais et le directeur exécutif Mike Ayers du Conseil des normes et de la formation des agents de la paix de Géorgie (POST). Ces nominations, effectives à partir du 21 octobre 2024, portent le nombre de membres indépendants du conseil de VirTra à quatre sur cinq, renforçant ainsi la gouvernance et le leadership stratégique de l'entreprise.

Le général Gervais a dirigé une initiative de modernisation de l'armée de 2 milliards de dollars, tandis qu'Ayers a supervisé une refonte complète du programme de certification des policiers en Géorgie. Leur expertise en opérations militaires et formation policière est attendue pour guider l'expansion de VirTra dans de nouveaux secteurs et affirmer sa position dans la technologie de formation immersive. Le PDG John Givens a souligné que ces nominations feront avancer les initiatives de formation militaire de VirTra, intégreront le VBS et amélioreront l'efficacité des programmes de formation pour les forces de l'ordre.

VirTra, Inc. (Nasdaq: VTSI) hat zwei angesehene Führer in seinen Vorstand berufen: Den im Ruhestand befindlichen US-Armee-Landr-General Maria R. Gervais und den Exekutivdirektor Mike Ayers des Georgia Peace Officer Standards and Training (POST) Councils. Diese Ernennungen, die am 21. Oktober 2024 in Kraft treten, erhöhen die Anzahl der unabhängigen Vorstandsmitglieder von VirTra auf vier von fünf und stärken damit die Unternehmensführung und strategische Leitung.

General Gervais leitete eine 2 Milliarden Dollar teure Modernisierungsinitiative der Armee, während Ayers eine umfassende Überarbeitung des Polizeizertifizierungsprogramms in Georgia beaufsichtigte. Ihre Expertise in militärischen Operationen und Polizeitraining wird voraussichtlich VirTras Expansion in neue Branchen leiten und die Stellung des Unternehmens in der immersiven Trainingstechnologie festigen. CEO John Givens betonte, dass diese Ernennungen die militärischen Ausbildungsinitiativen von VirTra vorantreiben, die VBS-Integration fördern und die Effektivität der Ausbildungsprogramme für Strafverfolgungsbehörden verbessern werden.

Positive
  • Appointment of two high-ranking leaders in military operations and police training to the board of directors
  • Increased board independence with 4 out of 5 members now independent
  • Potential for expansion into new industries and product offerings
  • Enhanced expertise in military and law enforcement training to guide company growth
Negative
  • None.

CHANDLER, Ariz., Oct. 22, 2024 (GLOBE NEWSWIRE) -- VirTra, Inc. (Nasdaq: VTSI) (“VirTra” or the “Company”), a global provider of judgmental use-of-force and firearms training simulators for law enforcement and military markets, has announced the appointment of two high-ranking and distinguished leaders in military operations and police training to its board of directors: retired U.S. Army Lieutenant General Maria R. Gervais and Executive Director Mike Ayers of the Georgia Peace Officer Standards and Training (POST) Council. The appointments became effective on October 21, 2024.

With the addition of Gervais and Ayers, four of VirTra’s five board members are now independent, reinforcing the Company’s focus on effective governance and strategic leadership. Their leadership backgrounds in military operations and police training will support VirTra’s efforts to innovate and deliver life-saving training solutions for public safety and military professionals.

Both appointees have led transformative programs in their respective fields, restructuring training programs that resulted in lasting and profound performance improvements. Their expertise will help guide VirTra during an important phase of growth as the Company expands its product and scenario offerings into new industries, further solidifying its leadership in immersive training technology.

VirTra’s Newest Board Members

Lieutenant General Maria R. Gervais, USA (Ret.)
Lt. Gen. Gervais spearheaded a $2 billion modernization initiative that reduced Army training time by three years while enhancing readiness. She introduced 3D terrain technology to accelerate virtual training, an approach later adopted by other agencies. Her experience with virtual environments will be instrumental in supporting VirTra’s integration of Virtual Battle Space (VBS) military training into its simulator systems.

“VirTra’s reputation for providing innovative simulation technology, combined with its marksmanship and law enforcement expertise, is unmatched,” said Gervais. “VirTra consistently delivers quality training to customers. I am excited to be joining the VirTra team—they have an excellent track record, believe in what they are doing, and have the potential to achieve even more. I want to be part of VirTra’s mission to build and deliver simulation training capabilities that enable organizations to achieve excellence and improve workforce performance.”

Executive Director Mike Ayers, Georgia Peace Officer Standards and Training Council
Ayers has over 37 years of experience in law enforcement training, certification, and development. As Executive Director of Georgia POST, he led a comprehensive overhaul of the state’s police credentialing program, increasing required training from 408 hours to over 800 hours and introducing innovative psychological and physical training methods that improved officer performance and community safety. As a board member and former president of the International Association of Directors of Law Enforcement Standards and Training (IADLEST), Ayers is uniquely positioned to help guide VirTra’s training curriculum development. His partnership with VirTra has its roots in the Company’s IADLEST-certified V-VICTA curriculum.

“VirTra represents the future of military and public safety training,” said Ayers. “Its products equip soldiers and officers to succeed in dynamic and dangerous situations while also protecting officers, communities, and the individuals who call these communities home. Today’s law enforcement and military deployments require split-second evaluation and decision-making in high-pressure environments. I have long supported high-quality scenario-based training, and VirTra consistently delivers that standard to our law enforcement officers and military personnel. It is an incredible honor to contribute to providing the best training products for the men and women in uniform. It is a sacred obligation that will lead to better outcomes and safer streets.”

John Givens, CEO of VirTra, emphasized the significance of these new appointments, saying: “It is a testament to the importance of VirTra’s mission that internationally recognized leaders like Lt. Gen. Gervais and Director Ayers are joining our team. Lt. Gen. Gervais will play a pivotal role in advancing our military training initiatives and VBS integration, while Ayers’ extensive experience in overseeing the training and certification of approximately 59,000 officers in Georgia will directly enhance the effectiveness and implementation of our law enforcement training programs. I am confident that their leadership will enable VirTra to continue expanding the boundaries of innovation, delivering the exceptional performance our partners have come to rely on.”

About VirTra
VirTra (Nasdaq: VTSI) is a global provider of judgmental use of force training simulators, firearms training 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 Statements
The 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 “anticipate,” “believe,” “estimate,” “expect,” “intend,” “may,” “plan,” “project,” “will,” “should,” “could,” “predict,” “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 risks 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:
Alec Wilson and Matt Glover
Gateway Group, Inc.
VTSI@gateway-grp.com
949-574-3860


FAQ

Who are the new board members appointed to VirTra (VTSI)?

VirTra (VTSI) has appointed retired U.S. Army Lieutenant General Maria R. Gervais and Executive Director Mike Ayers of the Georgia Peace Officer Standards and Training (POST) Council to its board of directors, effective October 21, 2024.

How will the new board members contribute to VirTra's (VTSI) growth?

The new board members will contribute to VirTra's (VTSI) growth by providing expertise in military operations and police training, guiding the company's expansion into new industries, and enhancing its immersive training technology offerings.

What is the significance of VirTra's (VTSI) board composition after these appointments?

After these appointments, four out of five VirTra (VTSI) board members are now independent, reinforcing the company's focus on effective governance and strategic leadership.

When did the new board appointments for VirTra (VTSI) become effective?

The new board appointments for VirTra (VTSI) became effective on October 21, 2024.

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