Investrend Research Announces Investment Opinion on VirTra Systems, Inc.; VirTra Systems Initiated With `Speculative' Rating by Investrend Analyst Shola Ojelade, CFA.Business Editors NOTE TO EDITORS: The following is an investment opinion issued by Investrend Research NEW YORK--(BUSINESS WIRE)--May 23, 2002 Investrend analyst Shola Ojelade, CFA (Computer Fraud and Abuse Act of 1986) Signed into law in 1986, the CFA was a significant step forward in criminalizing unauthorized access to computer systems and networks. The Act applies to "federal interest computers" that include any system used by the U.S. has initiated coverage of VirTra Systems, Inc. (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :VTSI VTSI Video Title Set Information ), with a 'Speculative' Rating. The full report is available at http://www.investrend.com. The Investrend Research rating system may be viewed at http://www.investrend.com/iciratings.htm. An audio summary of this and other analyst reports may be heard on the AnalystBroadcast.Network at http://www.investrend.com/icisiteanalystbroadcastnetwork.htm. "The company's growth prospects in the virtual reality industry are immense, but its ability to take advantage of opportunities and its competitive positioning are hampered by inadequate funding," said Ojelade. "The company's three areas of focus are entertainment/amusement, where the company already has achieved a strong niche in high traffic amusement parks This page contains a list of amusement parks by
"Assuming VTSI resolves its capital structure problem, either through funding or the award of a major Federal contract from the Office of Homeland Security that it believes it is close to achieving, we will be able to again review the rating," he concluded. Shola Ojelade, CFA holds an MBA MBA abbr. Master of Business Administration Noun 1. MBA - a master's degree in business Master in Business, Master in Business Administration from the International Graduate School of Management (IESE IESE Fraunhofer Institute for Experimental Software Engineering IESE Instituto de Estudios Superiores de La Empresa (Spanish business school) IESE Institute of Environmental Science and Engineering ), University of Navarra The University confers 27 official degrees and administers more than 300 postgraduate programs (including 33 doctoral programs and 13 master's programs) through 10 schools, 2 superior colleges, 2 university schools, its world-renowned graduate business school, IESE ("Instituto de , Barcelona. With a career spanning Corporate Finance and general financial advisory services advisory services advisory services provided to the public, in their capacity as owners and managers of animals, are an important part of veterinary science. They may be provided by government bureaux, by commercial companies who deal in pharmaceuticals or animals or animal , Mr. Ojelade most recently worked as an analyst with Liberty Merchant Bank, Lagos, providing research for institutional investors, high net worth individuals and in-house portfolio management services. Prior to that, he acted as financial consultant in the restructuring of the subsidiary of a Fortune 500 company. Mr. Ojelade currently works as a consultant with an investment bank. Investrend Research has been a leading independent equity research publishing and distribution program since 1996, with 54 AIMR-qualified professional analysts posting more than 400 reports to date. Anyone, including a company, investor relations Investor relations The process by which the corporation communicates with its investors. practitioner, financial institution or interested private investor, may enroll a company for coverage. Enrollment fees vary, up to $1,950 per month for full, continuous coverage, which is being paid by VirTra Systems. Analysts are paid in advance for their initial reports by Investrend to insure independence. Full details of the company's policies and guidelines are posted on the Web site at www.investrend.com. Anyone interested in receiving alerts regarding VirTra Systems research should email info@investrend.com with "VTSI" in the subject line. |
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