Newsletter

November 12, 2003

Volume VI, Issue 114

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Do You Know Who The Largest Company In the World Is? VirTra System (OTC BB: VTSI) Knows

VirTra Systems ranks in the OTC Journal's top two for big winners this year, and the company continues to earn its status at the top of the heap by delivering new business wins. The other big win is eResearch (NASDAQ: ERES); introduced at $7.45 (split adjusted) last December. Currently $41 (450% gain). VirTra is up 260%, but just since July 15th. Annualized, VirTra is #1.

Today, just after the market closed, VirTra Systems announced a new contract with General Electric (NYSE: GE), the largest company in the world. For many years General Motors was the largest company, but in recent years GE has usurped GM for top honors. The last decade's acquisition of media property NBC and affiliated companies pushed them over the top. If anyone out there knows a different company to be larger, let me know.

Today VTSI announced GE's mortgage insurance division has contracted with VirTra Systems to use the immersive virtual reality™ as a high-tech promotional attraction. The attraction will tie into GE’s booth theme of Let Your Imagination Become Reality at a conference, to be held in the Metro Toronto Convention Centre on November 23-25th.

While the market has been focused primarily on VirTra's rapid expansion into the judgmental use-of-force training market, shareholders should not forget the company has another division which focuses on products for advertising and promotions in the corporate world which represents equal upside potential.

Consolidation Phase Could Be Nearing Its End

As you can see from the chart, shares of VirTra Systems have been consolidating for the past month after making a meteoric charge from $.13 to $.47 (260% gain) during October.

The company has been announcing a new contract nearly every week. Clearly, VirTra has momentum.

I believe the next expansion phase will lead the company to larger contracts- i.e. ten unit purchases for Judgmental Use-of-Force Simulators or million dollar plus promotion/marketing virtual reality projects like today's with GE.

For now, the ceiling on the stock seems to be around $.40. $.30 seems to be the floor. I would continue to accumulate this stock under $.40. I believe this stock will see $1 next year if the company maintains its momentum. There is no sign VirTra slowing down right now, so its probably just a matter of time before the stock is making new highs once again.

Here is the complete text of today's press release for your review:

Press Release Source: VirTra Systems, Inc.

VirTra Systems Contracts With General Electric for Virtual Reality Exhibition

Wednesday November 12, 4:01 pm ET

ARLINGTON, Texas, Nov. 12 /PRNewswire-FirstCall/ -- VirTra Systems, Inc. (OTC Bulletin Board: VTSI - News) announced today that it has contracted with General Electric to utilize the company's promotional virtual reality technology at the 8th Annual Canadian Institute of Mortgage Brokers and Lenders Mortgage Conference and Expo in Toronto, Canada.

General Electric's mortgage insurance division, one of the largest multinational lenders, will utilize VirTra Systems' immersive virtual reality(TM) as a high-tech promotional attraction. The attraction will tie into GE's booth theme of Let Your Imagination Become Reality at the conference, to be held in the Metro Toronto Convention Centre on November 23-25th.

"VirTra Systems' promotional virtual reality capabilities are a natural for such an event," commented Tom Milks, VirTra Systems' vice-president of advertising and promotional sales. "GE's booth theme -- Let Your Imagination Become Reality -- fits perfectly with our advanced, highly-successful, virtual reality promotional products."

CIMBL is a dynamic, functioning organization with members from every region of Canada, and brings together key players from all industry sectors with the aim of promoting professionalism in Canada's mortgage industry.

About VirTra Systems

VirTra Systems produces turnkey immersive virtual reality(TM) systems which utilize 360-degree, interactive photorealistic environments. The company's products incorporate the sensations of motion, touch, sound, and smell into promotional experiences for clients such as Buick, Chevrolet, Pennzoil, Red Baron(TM) Pizza, and the US Army. VirTra Systems also produces advanced training systems utilizing situational awareness and judgmental use-of-force scenarios for security and law enforcement agencies. To find out more, visit the corporate website at www.virtrasystems.com, or the training/simulation website at www.virtratraining.com.

This press release contains certain forward-looking statements. Forward-looking statements are generally preceded by the words such as "plans," "expects," "believes," "anticipates," or "intends." Investors are cautioned that all forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from current expectations. VirTra Systems urges investors to review in detail the risks and uncertainties contained within its filings with the Securities and Exchange Commission.

For further information, please contact Mike Hiles, principal of MPH, +1-310-234-3200, mhiles@mphpr.com, for VirTra Systems, Inc.

--------------------------------------------------------------------------------
Source: VirTra Systems, Inc.

Charts Provided Courtesy Of TradePortal.com

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