VirTra Celebrates 30th Anniversary Since its Founding in 1993
CHANDLER, Ariz., July 10, 2023 (GLOBE NEWSWIRE) -- 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.
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Investor Relations Contact:
Matt Glover and Tom Colton
Gateway Group, Inc.
VTSI@gateway-grp.com
949-574-3860
