Newsletter

August 6, 2003

Volume VI, Issue 76

Email : info@otcjournal.com
URL : http://www.otcjournal.com

To OTC Journal Members:

Network Installation (OTC BB: NWIS)- A Little Too Hot?

Naturally, my inbox is full of questions and comments on Network Installation. The stock went crazy this week. I introduced the company in last weekend's edition. The stock closed at $1 last Friday, opened at $2 on Monday, and has since traded to an unbelievable high of $6. Today, NWIS closed at $5.35.

Most people expressed disappointment the stock nearly doubled for the opening trade on Monday. The brave who jumped in have been handsomely rewarded with unprecedented short term profits. I mentioned there was a very small public float and the stock might be very volatile, but I had no idea it would trade up this well. It's trading like a red hot IPO back in the late 90's.

My comment- Common sense should prevail here. I would not pay more than $2.25 to $2.75 for this stock until the company demonstrates it deserves to trade at much higher levels.

VirTra Systems (OTC BB: VTSI) Delivers The Red Baron Experience

If you are interested in buying low and selling high, VirTra Systems is the stock to look at right now. In the June/July time frame the stock tripled off its 52 week low of $.05 as investors became intrigued with their move into the "Use of Force" training market.

The stock has broken down below the midrange of is support level, and is therefore entitled to bounce off what could only be described as an oversold condition.

The fuel for the bounce came just after the close today. VirTra announced they have delivered another Red Baron 3D Flying Adventure for the Red Baron Pizza tour.

More and more companies are finding the virtual reality promotion and advertising provides an outstanding return on investment in a high impact format.

While VirTra Systems continues to aggressively pursue the "Use of Force" Training market, but investors should not overlook the advertising and promotions market. The company is also aggressively pursuing new business in that arena. The success of the Pennzoil tour and now the Red Baron tour has opened many doors for VirTra.

The stock is probably entitled to bounce back into the $.10 to $.12 range on this news.

I recommend you go to the company's web site and sign up to be included on their mailing list. Click here to go directly to the form. The company will automatically update you on unfolding events once you are on their list. Full text of the news release can be found at the bottom.

Amnis Systems (OTC BB: AMNM)- Press Release Provides Clue to the Future

Amnis Systems was in the news earlier this week with a reseller distribution agreement. I didn't have a chance to cover the event, but quote in the press release bears reprinting. As follows:

"Amnis is on target to sign a minimum of four (4) new resellers in the third quarter of 2003," said Scott Mac Caughern, President and CEO of Amnis Systems, Inc. "Our order pipeline continues to rapidly recover as new order input for the fourth quarter of this year is expected to double the third quarter's orders."

One can surmise from this statement that Amnis will enjoy accelerating sales for the remainder of the year, with the 4th quarter bringing a climax. Amnis is another stock which is probably oversold.

Here is the complete text of the VirTra Systems press release for your review:

Press Release Source: VirTra Systems, Inc.

VirTra Systems Delivers Red Baron's(R) 3-D Flying Adventure(Tm)

Wednesday August 6, 4:01 pm ET

ARLINGTON, Texas, Aug. 6 /PRNewswire-FirstCall/ -- VirTra Systems, Inc. (OTC Bulletin Board: VTSI - News) today announced successful delivery of the Red Baron® 3-D Flying Adventure(TM).

Debuting to spectators' thrills and applause at the Terre Haute Air Show 2003 in Terre Haute, Indiana, the promotion has been well received as it has made its way across the country as part of the Red Baron® Pizza Squadron Tour.

"After experiencing the fantastic response to the Red Baron® 3-D Flying Adventure(TM) over the past few weeks, VirTra Systems has once again shown that this form of promotional advertising delivers a powerful message for promoting brand recognition," commented Heidi Davidson, vice-president of account services for Cameo Marketing, Inc. "This new 3-dimensional, multisensory experience is the third successful project for Red Baron by VirTra Systems, and has proven to be another exciting addition to the Red Baron® Pizza Squadron Tour. VirTra Systems continues to provide us with unique, high-tech promotional virtual reality hardware and software, and we look forward to future promotional projects for our clients," concluded Davidson.

The Red Baron® 3-D Flying Adventure(TM) seats 50 guests. Donning special 3-D glasses, visuals literally "jump off" the screen, while the Dolby® 5.1 surround sound audio, digitally controlled fog, special wind effects, and programmed strobe lights thrill audiences across the United States.

"This project, incorporating much of our multisensory technology, beautifully demonstrates the creativity and versatility of our promotional virtual reality systems," stated Bob Ferris, VirTra Systems' president. "Visitors' positive responses further validate that well-planned high-tech attractions, with screaming and clapping fans enjoying themselves, can effectively attract attention and imprint memories like traditional promotional tools."

About VirTra Systems

VirTra Systems is the leading producer of turnkey immersive virtual reality(TM) systems, providing 360-degree, interactive photorealistic environments to commercial enterprises and governmental agencies. The Company's virtual reality products incorporate the sensations of motion, touch, sound, and smell into promotional experiences for Fortune 500 companies such as Buick, Pepsi, Chevrolet, and Pennzoil. VirTra Systems also produces advanced training systems utilizing photorealistic situational awareness and judgmental use-of-force scenarios around its immersive virtual reality(TM) technology for security and law enforcement agencies. To find out more about VirTra Systems, Inc. (OTC Bulletin Board: VTSI - News), visit our websites at www.virtrasystems.com , www.virtratraining.com , or www.otcfn.com/vtsi .

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: Investor Relations, OTC Financial Network, Geoffrey Eiten, president, Needham, Massachusetts, +1-781-444-6100, ext. 613, geiten@otcfn.com ; or Media Relations, MPH, Mike Hiles, principal, Los Angeles, California, +1-310-234-3200, mhiles@mphpr.com , both for VirTra Systems, Inc.

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Source: VirTra Systems, Inc.

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