Firearms Training Systems, Inc. Announces Award of US Marine Corps Deployable Virtual Environment Trainer -DVTE-.Business Editors SUWANEE, Ga.--(BUSINESS WIRE)--Nov. 28, 2001 Firearms Training Systems, Inc. (OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). : FATS) is pleased to announce the award of a contract to support the US Marine Corps development of a Deployable Virtual Environment Trainer (DVTE DVTE Distributed Virtual Training Environment ). FATS' role is to design, develop and deliver the indirect fire simulation component of the DVTE. The initial value of the contract is approximately $400,000 with significant potential for future growth. FATS is part of the DVTE team that has been established by the Marine Corps to support the enhanced use of simulation while deployed aboard ship. When completed, DVTE will provide a networked simulation that will have the potential to support ship to ship simulation exercises using the High Level Architecture protocol. FATS is particularly excited to be selected for involvement in this innovative effort to employ the use of simulation in support of deployed forces. "The DVTE program is a demonstration of FATS growth in the simulation industry and is a reflection of the growing capabilities FATS' products are now offering its customers in the US and overseas," remarked Randy Sugarman, Chairman and acting CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. . FATS(R) is an ISO (1) See ISO speed. (2) (International Organization for Standardization, Geneva, Switzerland, www.iso.ch) An organization that sets international standards, founded in 1946. The U.S. member body is ANSI. 9002 certified company and a leading worldwide producer of interactive simulation systems designed to provide training in the handling and use of small and supporting arms Weapons and weapons systems of all types employed to support forces by indirect or direct fire. for law enforcement, military and commercial applications. |
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