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    VirTra Appoints Retired U.S. Army Lieutenant General Maria R. Gervais and Georgia POST Executive Director Mike Ayers to Board of Directors

    10/22/24 4:05:00 PM ET
    $VTSI
    Miscellaneous manufacturing industries
    Consumer Discretionary
    Get the next $VTSI alert in real time by email

    CHANDLER, Ariz., Oct. 22, 2024 (GLOBE NEWSWIRE) -- VirTra, Inc. (Nasdaq: VTSI) ("VirTra" or the "Company"), a global provider of judgmental use-of-force and firearms training simulators for law enforcement and military markets, has announced the appointment of two high-ranking and distinguished leaders in military operations and police training to its board of directors: retired U.S. Army Lieutenant General Maria R. Gervais and Executive Director Mike Ayers of the Georgia Peace Officer Standards and Training (POST) Council. The appointments became effective on October 21, 2024.

    With the addition of Gervais and Ayers, four of VirTra's five board members are now independent, reinforcing the Company's focus on effective governance and strategic leadership. Their leadership backgrounds in military operations and police training will support VirTra's efforts to innovate and deliver life-saving training solutions for public safety and military professionals.

    Both appointees have led transformative programs in their respective fields, restructuring training programs that resulted in lasting and profound performance improvements. Their expertise will help guide VirTra during an important phase of growth as the Company expands its product and scenario offerings into new industries, further solidifying its leadership in immersive training technology.

    VirTra's Newest Board Members

    Lieutenant General Maria R. Gervais, USA (Ret.)

    Lt. Gen. Gervais spearheaded a $2 billion modernization initiative that reduced Army training time by three years while enhancing readiness. She introduced 3D terrain technology to accelerate virtual training, an approach later adopted by other agencies. Her experience with virtual environments will be instrumental in supporting VirTra's integration of Virtual Battle Space (VBS) military training into its simulator systems.

    "VirTra's reputation for providing innovative simulation technology, combined with its marksmanship and law enforcement expertise, is unmatched," said Gervais. "VirTra consistently delivers quality training to customers. I am excited to be joining the VirTra team—they have an excellent track record, believe in what they are doing, and have the potential to achieve even more. I want to be part of VirTra's mission to build and deliver simulation training capabilities that enable organizations to achieve excellence and improve workforce performance."

    Executive Director Mike Ayers, Georgia Peace Officer Standards and Training Council

    Ayers has over 37 years of experience in law enforcement training, certification, and development. As Executive Director of Georgia POST, he led a comprehensive overhaul of the state's police credentialing program, increasing required training from 408 hours to over 800 hours and introducing innovative psychological and physical training methods that improved officer performance and community safety. As a board member and former president of the International Association of Directors of Law Enforcement Standards and Training (IADLEST), Ayers is uniquely positioned to help guide VirTra's training curriculum development. His partnership with VirTra has its roots in the Company's IADLEST-certified V-VICTA curriculum.

    "VirTra represents the future of military and public safety training," said Ayers. "Its products equip soldiers and officers to succeed in dynamic and dangerous situations while also protecting officers, communities, and the individuals who call these communities home. Today's law enforcement and military deployments require split-second evaluation and decision-making in high-pressure environments. I have long supported high-quality scenario-based training, and VirTra consistently delivers that standard to our law enforcement officers and military personnel. It is an incredible honor to contribute to providing the best training products for the men and women in uniform. It is a sacred obligation that will lead to better outcomes and safer streets."

    John Givens, CEO of VirTra, emphasized the significance of these new appointments, saying: "It is a testament to the importance of VirTra's mission that internationally recognized leaders like Lt. Gen. Gervais and Director Ayers are joining our team. Lt. Gen. Gervais will play a pivotal role in advancing our military training initiatives and VBS integration, while Ayers' extensive experience in overseeing the training and certification of approximately 59,000 officers in Georgia will directly enhance the effectiveness and implementation of our law enforcement training programs. I am confident that their leadership will enable VirTra to continue expanding the boundaries of innovation, delivering the exceptional performance our partners have come to rely on."

    About VirTra

    VirTra (NASDAQ:VTSI) is a global provider of judgmental use of force training simulators, firearms training simulators for the law enforcement, military, educational and commercial markets. The company's patented technologies, software, and scenarios provide intense training for de-escalation, judgmental use-of-force, marksmanship, and related training that mimics real-world situations. VirTra's mission is to save and improve lives worldwide through practical and highly effective virtual reality and simulator technology. Learn more about the company at www.VirTra.com.

    Forward-Looking Statements

    The information in this discussion contains forward-looking statements and information within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, which are subject to the "safe harbor" created by those sections. The words "anticipate," "believe," "estimate," "expect," "intend," "may," "plan," "project," "will," "should," "could," "predict," "potential," "continue," "would" and similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain these identifying words. We may not actually achieve the plans, intentions or expectations disclosed in our forward-looking statements and you should not place undue reliance on our forward-looking statements. Actual results or events could differ materially from the plans, intentions and expectations disclosed in the forward-looking statements that we make. The forward-looking statements are applicable only as of the date on which they are made, and we do not assume any obligation to update any forward-looking statements. All forward-looking statements in this document are made based on our current expectations, forecasts, estimates and assumptions, and involve risks, uncertainties and other factors that could cause results or events to differ materially from those expressed in the forward-looking statements. In evaluating these statements, you should specifically consider various factors, uncertainties and risks that could affect our future results or operations. These factors, uncertainties and risks may cause our actual results to differ materially from any forward-looking statement set forth in the reports we file with or furnish to the Securities and Exchange Commission (the "SEC"). You should carefully consider these risks and uncertainties described and other information contained in the reports we file with or furnish to the SEC before making any investment decision with respect to our securities. All forward-looking statements attributable to us or persons acting on our behalf are expressly qualified in their entirety by this cautionary statement.

    Investor Relations Contact:

    Alec Wilson and Matt Glover

    Gateway Group, Inc.

    [email protected]

    949-574-3860



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    Q&A

    New
    • Who are the new board members appointed by VirTra?

      VirTra appointed retired U.S. Army Lieutenant General Maria R. Gervais and Executive Director Mike Ayers to its board of directors, effective October 21, 2024.

    • What is the significance of the new appointments for VirTra's board composition?

      The appointments bring the number of independent board members to four out of five, highlighting VirTra's commitment to effective governance.

    • What roles will the new board members play in VirTra's strategic initiatives?

      Lt. Gen. Gervais is expected to enhance VirTra's military training initiatives and VBS integration, while Ayers will improve law enforcement training programs.

    • What qualifications do the new board members bring to VirTra?

      Both Gervais and Ayers have extensive backgrounds in military operations and law enforcement training, which are crucial for VirTra as it seeks to innovate and expand its offerings.

    • How will the new appointments impact VirTra's growth and product offerings?

      Their leadership will support VirTra's growth phase as the company expands its training solutions to new industries, thereby solidifying its leadership in immersive training technology.

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