VirTra Systems Inc.
OTC Bulletin Board : VTSI

February 08, 2010 08:45 ET

VirTra Systems: The Future Of Combat Training, Seventh Profitable Quarter On The Way

TORONTO, ONTARIO--(Marketwire - Feb. 8, 2010) - VirTra Systems Inc. (OTCBB:VTSI), the news portal which covers the latest Wall Street developments while delivering financial and investment intelligence to a community of highly informed investors, has issued a special independent research coverage on VirTra Systems Inc. (OTCBB:VTSI)

With worldwide government spending on simulation and virtual training totalling $7.9 billion and increasing each year, this booming market continues to post record numbers as countries around the world seek new and innovative ways to attain a competitive advantage over enemies during warfare."VirTra Systems has reached a new plateau among Pink Sheet stocks, having posted six consecutive profitable quarters. This company had a Q3 net profit margin of 43% alongside a revenue growth of 40%. As impressive as this sounds, the true potential of this company has yet to be reached.", noted Michael Vlaicu, CEO of MIV Investments Inc.

An exclusive interview was held with CEO, Bob Ferris where the issue regarding the possibility of a seventh profitable quarter arose. "I will wait for the final numbers, but I can say that we continue to be very blessed as a company." responded Mr. Ferris. "VirTra's foreign orders have expanded considerably in 2009. The highpoints have been new simulator sale to Australia, Mexico expanded sales, Brazil expanded sales, and new simulator sales to the Middle East." There have also been numerous U.S. federal contract web resources which have shown VirTra's recent 2009 contract figures to be significantly higher than 2008, confirming the continuous growth of the company.

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