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VirTra Appoints Judy Henry as Chief Financial Officer

TEMPE, Ariz., Aug. 31, 2017 (GLOBE NEWSWIRE) -- VirTra, Inc. (OTCQX:VTSI), (the “Company”), a global provider of simulators for the law enforcement, military, educational and commercial markets, announced today that it has appointed Judy Henry as Chief Financial Officer effective immediately. Ms. Henry has been serving as the Company’s Controller since October 2016 and will be taking over the CFO role from Donna S. Moore, who has been VirTra’s Interim CFO since June 2016.

Ms. Henry has over 25 years of experience in finance and accounting, holding positions as Chief Financial Officer, Director of Finance and Controller for public, private and municipal corporations in the technology, accounting, venture capital and real estate sectors. From 2009 to 2015, Ms. Henry was CFO and Deputy Executive Director for Housing Kitsap, a municipal corporation based in the Pacific Northwest focused on developing and managing affordable housing. Previously, she worked as Director of Finance for Secure Asset Reporting, Inc., a provider of remote asset management solutions, which in 2007 merged with MyCom Group, Inc., an OTC-listed company. Ms. Henry has also provided CFO/Controller consultancy services in the Greater Seattle area for the CPA firm Moss Adams.

Ms. Henry holds a Masters of Business Administration degree from Pacific Lutheran University and dual Bachelor of Science degrees in Accounting and Finance from Central Washington University.

“Since assuming the Controller position in October 2016, Judy has demonstrated the knowledge, skills and capabilities to effectively lead our finance department,” said Bob Ferris, Chairman and CEO of VirTra. “Judy has done an excellent job overseeing the preparation and regulatory filings for our company, and reporting operational results to our executive management team and the Board of Directors. Judy’s extensive experience in finance and accounting will be particularly valuable in our efforts to further grow VirTra.”

“We want to thank Donna Moore for her important contribution as our Interim Chief Financial Officer. Donna was instrumental in helping our company upgrade our quarterly financial procedures, disclosures and regulatory filings, enabling us to upgrade to the OTCQX market and better prepare the company for an eventual uplisting to a national exchange,” concluded Mr. Ferris.

About VirTra

VirTra is a global provider of 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 realistic and highly-effective virtual reality and simulator technology. Learn more about VirTra at www.VirTra.com.

Investor Relations Counsel Larry Clark Financial Profiles, Inc. (310) 622-8223 vtsi@finprofiles.com

Source:VirTra, Inc.