Virtra Systems Sign Multi-Million Dollar Deal

Virtra Systems Sign Multi-Million Dollar Deal

VirTra Systems, Inc. has signed a contract to be the exclusive supplier of racing simulator systems to Racing Visions Corporation of Scottsdale, Arizona, USA. Through this deal Racing Visions expects to purchase 8900 units over the next three years, at an estimated cost of $26.7 million.

In order to make this deal come together, VirTra Systems had to develop, manufacture, and assemble a more sophisticated race car driving and simulation than they stock standard VR-720 two-seat system. Virtra Systems anticipates completing of this giant project within the next quarter.

"We are pleased to announce this contract with VirTra Systems," stated Jim McCabe, president of Racing Visions. "VirTra Systems' experience in this arena, its successful projects for Fortune 500 companies, and its relationship with major theme parks made our decision an easy one. Also, VirTra Systems' 18,000 sq. ft. development/production center ensures that our substantial projected growth needs can be met."

"We are excited about this contract with Racing Visions," stated Bob Ferris, VirTra Systems' president. "This is a significant opportunity for our company, and we look forward to expanding our dominance in the virtual reality amusement segment by providing an exceptional product which will exceed the expectations of Racing Visions and its users."