SOURCE: VirTra Systems

VirTra Systems

June 29, 2011 09:40 ET

VirTra Systems Hires Controller With AMEX / NASDAQ Experience

TEMPE, AZ--(Marketwire - Jun 29, 2011) - Bob Ferris, VirTra Systems' CEO (PINKSHEETS: VTSI), today announced that VirTra has hired Mr. Jeff Lliteras as the company's Controller.

Mr. Lliteras was a Senior Accountant in the audit practice at KPMG, LLP for 4 years, where he handled accounting tasks for several companies listed on AMEX, NASDAQ and the New York Stock Exchange.

At Two Degrees Consulting, Mr. Lliteras oversaw accounting for audit support and Sarbanes-Oxley compliance for clients such as T-Mobile and Shurgard Storage.

At Sharp Executive Associates, Mr. Lliteras provided CFO, accounting, and SEC compliance services to numerous small to middle sized publically traded companies and has prepared hundreds of public SEC financial reports for a wide range of company sizes and exchanges.

Mr. Lliteras holds a Bachelor of Business Administration with a major in accounting from Gonzaga University in Washington. Mr. Lliteras is a licensed Certified Public Accountant (CPA) and a member of the American Institute of Certified Public Accountants.

Bob Ferris, CEO of VirTra Systems, said: "We found Jeff Lliteras after an exhaustive search for an individual with a combination of solid integrity, SEC/SOX knowledge, experience with reputable exchanges, deep accounting/auditing experience, and intense work ethic. We are very fortunate to have found someone who fit the search requirements and is an ideal match for VIrTra's current and projected accounting needs."

About VirTra Systems
VirTra Systems, Inc. offers the world's most realistic firearms training simulators for Military and Law Enforcement customers around the globe. VirTra is the highest standard in simulation, offering a full range of the finest firearms training systems to fit any budget, the world's best simulated recoil systems, and the ability to add and measure real stress during training with the Threat-Fire™ return fire system (patent pending).

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 and the VirTra logo are trademarks of VirTra Systems, Inc.

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