WESTON, Fla., April 27, 2004 (PRIMEZONE) -- Wall Street News Alert's "stocks to watch" this morning are: VirTra Systems, Inc. (OTCBB:VTSI), Cybertel Communications (OTCBB:CYTP), Firearms Training Systems (OTCBB:FATS) and Ariad Pharmaceuticals Inc. (Nasdaq:ARIA).
Every aggressive investor should have their eyes on VirTra Systems, Inc. (OTCBB:VTSI) this morning! Yesterday after the markets closed, the company issued a press release announcing its initial sale of an IVR-300(tm) HD situational awareness and judgmental use of force training simulator to the United States Air Force!
This is huge news for investors! The simulator will be employed to train a highly-specialized unit's on-going situational awareness, judgmental use-of-force, and marksmanship training programs. In addition to the simulator, a significant order of VirTra Systems' specially-modified full recoil training weaponry was included.
Investors should pay very close attention to this company! "This sale is but the first resulting from our unveiling of the IVR-300 HD last month at Trexpo," stated Michael Kitchen, VirTra Systems' vice-president of training and simulation sales. "After the USAF technology/user team was given a complete demonstration, the team remarked that it was 'the most technologically-advanced system they had ever seen, and it delivered intensely realistic and demanding scenarios.'
"Our IVR HD series was reportedly chosen over systems from FATS and IES, due to its patent-pending, 360-degree, high-definition resolution technology, as well as its superior weapons tracking capabilities. This is a huge endorsement by the US military for utilization of our IVR HD series simulators. We are already working towards finalization of plans to install additional training systems at further Air Force locations.
"This is the largest, most sophisticated, and technologically superior military-based system we have manufactured to-date. Many highly realistic, military-specified recoil weapons will be used, along with custom military scenarios and simulated missions, to train USAF personnel to a new level of preparedness. A comprehensive marksmanship/qualification course tracking multiple trainees was also designed for the system," concluded Kitchen.
The stock closed yesterday at twenty-five cents a share.
In case you are not familiar with the company: VirTra Systems utilizes patented technology to manufacture the world's most advanced immersive virtual reality(tm) systems and 3-D experiences. VirTra Systems markets combat, marksmanship, and situational awareness/judgmental firearms training systems to military agencies such as the US Air Force, and to national and international law enforcement agencies. Using the sensations of motion, touch, sound and smell, the company also produces custom advertising and promotional virtual reality systems for clients such as Buick, Chevrolet, Pennzoil, Red Baron(tm) Pizza and the US Army.
Stocks showing interesting activity yesterday were: Cybertel Communications (OTCBB:CYTP) even on 49.9 million shares traded, Firearms Training Systems (OTCBB:FATS) up 7.5% on 78,000 shares traded and Ariad Pharmaceuticals Inc. (Nasdaq:ARIA) up 17% on 3.5 million shares traded.
Commentary:
"Gasoline hit an all time high once again with a national average of $1.82 per gallon for self-serve, pump up your own, cheapest low octane gas. Prince Bandar, Ambassador of the Saudi Family, was on national T.V. Monday morning saying 'we want gas at $25 dollars a barrel.' Currently, it has wavered around $37+ the last several weeks," stated Sonja Rudd in Wall Street News Alert's daily commentary continued at: http://www.WallStreetNewsAlert.com.
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