VirTra Systems Announces Dynalyst Contract with Freescale SemiconductorJanuary 25, 2006ARLINGTON, TX - January 25, 2006 - VirTra Systems, Inc. (OTCBB: VTSI) today announced that Dynalyst Manufacturing Corporation, under contract to be merged into VirTra Systems, has recently been awarded a portion of Freescale Semiconductor's global 2006 $5-8 million printed circuit/load board fabrication business.
To date, Dynalyst has received sales orders from Freescale amounting to more than $35,000, with more orders expected in the near-term.
"We are excited that a chip manufacturer of Freescale's prominence has selected Dynalyst as one of its partners," commented T. Craig Takacs, Dynalyst's chief executive officer. "In addition to the orders recently received, we have already provided quotes on more than $110,000 in new orders. The impact of this open-end award on Dynalyst's 2006 revenue could potentially total over $1.5 million."
Freescale Semiconductor, the nation's third-largest chip maker (after Intel and Texas Instruments), was spun-off from Motorola in 2004. Dynalyst participated in Freescale's bidding process in late 2005, and was selected based on its "competitiveness in pricing and continued efforts on quality, delivery, and technology."
About Dynalyst Manufacturing Corporation
Dynalyst is an engineering company focused on automated test equipment (ATE) interface product design, manufacturing, and turnkey assembly services. Dynalyst provides internal PCB design engineering and fabrication expertise, specializing in turnkey semiconductor test solutions for the ATE industry. For more information, visit www.dynalyst.com.
About VirTra Systems
Utilizing patented technology, VirTra Systems sells situational awareness firearms training systems to military agencies such as the U.S. Air Force, Army, and Department of Defense, and to national and international law enforcement agencies. The company also produces multisensory promotional virtual reality systems and 3-D theaters for clients such as General Motors, Pennzoil, Red Baron™ Pizza, and the U.S. Army. For more information, visit www.virtra.com.
One of our most important responsibilities is to communicate with shareholders in an open and direct manner. Comments are based on current management expectations, and are considered "forward-looking statements," generally preceded by words such as "plans," "expects," "believes," "anticipates," or "intends." We cannot promise future returns. Our statements reflect our best judgment at the time they are issued, and we disclaim any obligation to update or alter forward-looking statements as the result of new information or future events. VirTra Systems urges investors to review the risks and uncertainties contained within its filings with the Securities and Exchange Commission.
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