TEMPE, AZ / ACCESSWIRE / July 13, 2020 / Wrap Technologies, Inc. (the “Company” or “Wrap”) (NASDAQ:WRTC), an innovator of modern policing solutions, is scheduled to train seven new agencies on the BolaWrap in Maryland on Tuesday, July 14, 2020. Landover Hills Police Department will host the “Train the Trainer” session for 16 trainers from seven different local agencies.
Following the training session, Chief Robert Liberati of Landover Hills Police Department will be hosting a press conference for local Maryland and Washington DC media to discuss the BolaWrap.
“We are always looking to provide additional tools and resources for our officers,” said Chief Liberati. “The BolaWrap will be a useful tool for officers to assist in safely apprehending violent individuals, those suffering from a mental health crisis, or those in a drug related situation requiring police intervention.”
Since June 1, 2020, the Company has conducted 14 “Train the Trainer” sessions for 18 new agencies in 12 states, including California, Texas, Arizona, Missouri, Pennsylvania, Minnesota, Alabama, Indiana, Florida, Georgia, Kansas and Michigan.
“We are very encouraged with how quickly agencies are opting to receive training,” said Rick Guilbault, VP of Training at Wrap Technologies. “Agencies that receive in-person demonstrations or attend online webinar demonstrations of the BolaWrap are quickly moving to schedule ‘Train the Trainer’ sessions to certify their trainers on the BolaWrap, which enables them to train the rest of their agencies. To date, Wrap Training Academy has 50 BolaWrap Master Instructors who have trained over 790 trainers from police agencies across the world.”
About Wrap Technologies (NASDAQ:WRTC)
Wrap Technologies is an innovator of modern policing solutions. The Company’s BolaWrap 100 product is a patented, hand-held remote restraint device that discharges an eight-foot bola style Kevlar® tether to restrain an individual at a range of 10-25 feet. Developed by award winning inventor Elwood Norris, the Company’s Chief Technology Officer, the small but powerful BolaWrap 100 assists law enforcement to safely and effectively control encounters, especially those involving an individual experiencing a mental crisis. For information on the Company please visit www.wraptechnologies.com. Examples of recent media coverage are available as links under the “Media” tab of the website.
Trademark Information: BolaWrap and Wrap are trademarks of Wrap Technologies, Inc. All other trade names used herein are either trademarks or registered trademarks of the respective holders.
Cautionary Note on Forward-Looking Statements – Safe Harbor Statement
This press release contains “forward-looking statements” within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995, including but not limited to statements regarding the Company’s overall business, total addressable market and expectations regarding future sales and expenses. Words such as “expect,” “anticipate,” “should,” “believe,” “target,” “project,” “goals,” “estimate,” “potential,” “predict,” “may,” “will,” “could,” “intend,” variations of these terms or the negative of these terms and similar expressions are intended to identify these forward-looking statements. Forward-looking statements are subject to a number of risks and uncertainties, many of which involve factors or circumstances that are beyond the Company’s control. The Company’s actual results could differ materially from those stated or implied in forward-looking statements due to a number of factors, including but not limited to: the Company’s ability to successful implement training programs for the use of its products; the Company’s ability to manufacture and produce product for its customers; the Company’s ability to develop sales for its new product solution; the acceptance of existing and future products; the availability of funding to continue to finance operations; the complexity, expense and time associated with sales to law enforcement and government entities; the lengthy evaluation and sales cycle for the Company’s product solution; product defects; litigation risks from alleged product-related injuries; risks of government regulations; the business impact of health crises or outbreaks of disease, such as epidemics or pandemics; the ability to obtain export licenses for counties outside of the US; the ability to obtain patents and defend IP against competitors; the impact of competitive products and solutions; and the Company’s ability to maintain and enhance its brand, as well as other risk factors included in the Company’s most recent annual report on Form 10-K, quarterly report on Form 10-Q and other SEC filings. These forward-looking statements are made as of the date of this press release and were based on current expectations, estimates, forecasts and projections as well as the beliefs and assumptions of management. Except as required by law, the Company undertakes no duty or obligation to update any forward-looking statements contained in this release as a result of new information, future events or changes in its expectations.
WRAP TECHNOLOGIES CONTACT:
Paul M. Manley
VP – Investor Relations
SOURCE: Wrap Technologies, Inc.
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