SOURCE: The Miller Group

The Miller Group

December 15, 2014 14:11 ET

The Miller Group & Miller Capital Corporation ("MILLER") Ends Business Relationship With VirTra Systems, Inc. ("VTSI") Effective December 31, 2014

MILLER Will Continue to Own VTSI Stock in Its Investment Portfolio

SCOTTSDALE, AZ--(Marketwired - Dec 15, 2014) - VirTra Systems, Inc. ("VTSI"), a public company located in Tempe, Arizona, a growing provider of firearms training simulation systems for military and law enforcement agencies, has been a MILLER client since November 2011. MILLER provided:

Advisory, consultation and mentorship to the operating management team, board of directors with one independent director • Crisis management • Officer leadership transitions • Bank credit financing • Strategic guidance • Business litigation / legal issues • Corporate compliance • Participation in company board meetings • Investor relations

Rudy R. Miller, Chairman & President of MILLER, stated, "We have a great deal of respect for the company and we purchased VTSI shares in the Over The Counter public market in 2011 prior to our engagement of services. MILLER has not sold or purchased any shares since our initial position due to inside information knowledge our firm possesses regarding VTSI. At such time as our international law firm believes we have met all the Securities and Exchange standards/rules regarding insider trading issues, we may buy or sell VTSI stock."

Mr. Miller continued, "We were unable to negotiate an acceptable go forward engagement agreement and wish the company continued success. However, we do plan to be an active shareholder."

About The Miller Group

MILLER, established in 1972 and headquartered in Scottsdale, Arizona, is comprised of several affiliated companies including Miller Capital Corporation, Miller Investments, Inc., and Miller Management Corporation. The Miller Group offers a broad range of services including venture capital, private equity investing, debt financing, financial advisory, management consulting, and investor relations to public and private middle-market companies throughout North America, Europe, and Asia. A select group of current and past clients include: America West Airlines, Bowlin Travel Centers, Inc., Capital Title Group, Inc., DELSTAR Companies, Inc., Legal Broadcast Network, LLC, McMurry, Inc., NJOY, Ritz Carlton Magazine, Sequence Media Group, Sunshine Minting, Inc., Telgian Corporation, and US Air Express. 

7025 North Scottsdale Road, Suite 235 • Scottsdale, Arizona 85253-3675 • Tel (602) 225-0505 • Fax (602)225-9024 • 

Contact Information

  • Further Information Contact:
    Rudy R. Miller
    Chairman, President & CEO
    (602) 225-0505
    Email Contact