WESTON, Fla., Oct. 5, 2004 (PRIMEZONE) -- Wall Street News Alert's "stocks to watch" this morning are: VirTra Systems, Inc. (OTCBB:VTSI), Varian Medical Systems, Inc. (NYSE:VAR), Hutchinson Technology (Nasdaq:HTCH) and Evergreen Solar, Inc. (Nasdaq:ESLR).
All aggressive investors and traders need to be watching VirTra Systems, Inc. (OTCBB:VTSI) this morning! Yesterday after the markets closed, the company issued a press release announcing receipt of an order for a minimum of 15 IVR-300(TM) HD 360-degree, high-definition firearms training systems for use by Mexican governmental agencies!
This is huge news for investors! The company recently received the purchase order for 15, and as many as 20, systems for near-term delivery to Mexican governmental agencies. The transaction, worth a minimum $1.7 million, is the largest sale in the company's history.
Investors should really keep this company on your radar screen! "This first million dollar-plus order was awarded the company as a direct result of our superior product line, the IVR(TM) HD series," commented Michael Kitchen, VirTra Systems' vice-president of training and simulation. "We are becoming the de facto industry standard, offering technological superiority, low maintenance, and lifesaving 360-degree immersion -- all in high-definition resolution."
Luis E. Rodriguez Galindo, managing director of Lonexi, S.A. de C.V., VirTra Systems' Mexican distributor, commented, "After installation of the first VirTra Systems simulator in Mexico earlier this year, reviewing feedback from our Mexican customers, it was inevitable that Mexican officials would prefer the IVR(TM) HD series in their facilities. Future sales will continue, as we believe other agencies will specifically request this superior product line to train troops and law-enforcement personnel in Mexico."
The stock closed yesterday at Thirty-Five cents a share.
In case you are not familiar with the company: VirTra Systems produces the industry's only line of immersive 360-degree firearms training simulators in high-definition resolution, used by law-enforcement and military agencies for anti-terrorist, Homeland Security, use-of-force, situational awareness, marksmanship, and 4G squad-based training. Utilizing patented technology, VirTra Systems sells situational awareness/judgmental use-of-force firearms training systems to military agencies such as the U.S. Air Force and the U.S. Army, and to national and international law enforcement agencies. Using the sensations of motion, touch, sound, and smell, the company also produces custom promotional virtual reality systems and 3-D theaters for clients such as General Motors, Pennzoil, Red Baron(TM) Pizza, and the U.S. Army.
For more information, visit the corporate website at www.virtrasystems.com or the training/simulation website at www.virtratraining.com. To receive an investor kit please visit http://www.virtrasystems.com/investor_form.html.
Stocks showing interesting activity yesterday at the close of the regular trading day were: Varian Medical Systems, Inc. (NYSE:VAR) up 18.4% on 4.6 million shares traded, Hutchinson Technology (Nasdaq:HTCH) up 16.2% on 4.5 million shares traded and Evergreen Solar, Inc. (Nasdaq:ESLR) up 10% on 1.1 million shares traded.
Commentary:
"New orders at U.S. factories showed strength in August, even though a drop in aircraft orders pulled the overall indicator lower, the U.S. Commerce Department reported on Monday. The department said factory orders shrank 0.1 percent in August, posting the first decline in four months after gaining a revised 1.7 percent in July. This was originally reported as rising 1.3 percent," stated Mario Cardenas in Wall Street News Alert's daily commentary continued at: http://www.WallStreetNewsAlert.com.
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