VirTra Systems, Inc.2500 CityWest Boulevard
Suite 300
Houston, Texas 77042
(832) 242-1100
corporate@virtra.comTraining/Simulation:Designs and manufactures two distinct product lines comprising the world's first 360-degree firearms training simulators, the IVR™ 4G military series, and the IVR HD law enforcement series, delivering situational awareness, use-of-force, 4-G squad training, and marksmanship scenarios in high-definition resolution for use by military, law enforcement, and security agencies worldwide. The company also manufactures a wide-assortment of proprietary training accessories such as the groundbreaking Threat-Fire™ Belt and Hybrid-CGI™ self-authoring software. Military clients include the U.S. Army, U.S. Air Force, Mexico, and domestic and foreign law-enforcement agencies.
Advertising/Promotion:Designs and manufactures “immersive virtual reality™” systems used by advertising, mobile-promotion, and event and experiential marketing agencies. The company's custom immersive virtual reality products take participants anywhere, to experience anything -- delivering the senses of sight, sound, touch, and smell for Fortune 500 clients such as Buick, Pennzoil, Sea-Doo, Chevrolet, Red Baron Pizza, and others.
Financial Performance:In fiscal year 2004, VTSI reported major simulator and promotional virtual reality contracts, large international sales, and elimination of $6.8 million, or almost 90%, of the Company's shareholder and leaseholder debt. Total revenue reported for 2004 was up 35% compared to one year ago. Net accounting profit for 2004 was $1,612,569, or $0.03 per share.
Management Profiles:Our
senior management team is comprised of the best and brightest talents in their respective disciplines, leading the way to unparalleled virtual reality system design and manufacture. Our research and production team is headed by company president and inventor Bob Ferris, who has been touted as the “grandfather” of virtual reality by industry journalists.
IVR™ 4G Simulator Video:VTSI's most recent
company video featuring the new IVR™ 4G series military-version firearm training simulators.
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