Two New Bodycam Videos Highlight WRAP’s BolaWrap® Effectiveness For Safer Policing Outcomes
October 04 2021 - 10:44AM
Wrap Technologies, Inc. (the “Company” or “WRAP”) (Nasdaq:
WRAP), a global leader in innovative public safety
technologies and services, today shared two new law enforcement
agency bodycam videos demonstrating successful outcomes of the
BolaWrap Remote Restraint device used in real cases by police
departments in the field.
On September 29, 2021, the Glenwood Springs Police Department in
Colorado responded to a subject with two municipal warrants out for
his arrest. After the subject refused to comply and began walking
away, officers deployed the BolaWrap around the subject’s legs,
enabling them to approach and safely take him into custody without
injury or the use of higher levels of force.“The subject’s attitude
completely changed once the device contains his movement - they
grab onto him, and he's immediately compliant,” said Chief Joseph
Deras of Glenwood Springs Police Department. “Had we not had this
device with somebody walking away like that, the officers can’t use
pepper spray because he's moving away from them. So, then their
only other force options might be a police baton or a taser, and
both of those bring a significant amount of pain and potential for
injury. So here, the BolaWrap minimizes the risk of the officers
and the civil liability to the organization. We're very proud of
our officers.”The bodycam footage can be viewed here. Bodycam
footage from the BolaWrap field use by the Glenwood Springs Police
Department in March of this year can be viewed here.The extended
interview with Chief Deras, WRAP CEO and President Tom Smith, and
WRAP VP of Training Mario Knapp, can be viewed here.In another
field situation involving the BolaWrap, on September 26, 2021, the
LaGrange Police Department in Georgia responded to a call from a
restaurant about someone who had pulled out a knife on the staff.
The subject was not complying and he began to act aggressively
towards the officers. The officers decided to take out the
BolaWrap, which the subject observed, and immediately began to
comply with officers without them having to deploy the device.“Our
focus is on helping officers produce safer outcomes for themselves
and the subjects they encounter,” said Tom Smith. “Sometimes, the
mere presence of the BolaWrap device is enough to motivate
individuals to comply. We are extremely pleased to see the growing
confidence that officers have in our device’s effectiveness as we
receive an increase in the number of BolaWrap field use reports
from agencies across the United States.”The bodycam footage can be
viewed here. Bodycam footage from the BolaWrap field use by
the LaGrange Police Department in September of last year can be
viewed here.Today, more than 600 agencies in the U.S. and 44
countries currently have BolaWrap devices. Additional bodycam
footage of the BolaWrap in use can be viewed here.
About WRAPWRAP Technologies (Nasdaq: WRAP) is a
global leader in innovative public safety technologies and
services. WRAP develops creative solutions to complex issues and
empowers public safety officials to protect and serve their
communities through its portfolio of advanced technology and
training solutions. WRAP’s BolaWrap® Remote Restraint device
is a patented, hand-held pre-escalation and apprehension tool that
discharges a Kevlar® tether to temporarily restrain uncooperative
suspects and persons in crisis from a distance. Through its many
field uses and growing adoption by agencies across the globe,
BolaWrap is proving to be an effective tool to help law enforcement
safely detain persons without injury or the need to use higher
levels of force. Wrap Reality, the Company’s virtual reality
training system, is a fully immersive training simulator and
comprehensive public safety training platform providing first
responders with the discipline and practice in methods of
de-escalation, conflict resolution, and use-of-force to better
perform in the field. WRAP’s headquarters are in Tempe, Arizona.
For more information, please visit wrap.com.Follow WRAP
here:WRAP on Facebook:
https://www.facebook.com/wraptechnologies/WRAP on Twitter:
https://twitter.com/wraptechincWRAP on LinkedIn:
https://www.linkedin.com/company/wraptechnologies/Trademark
InformationBolaWrap, Wrap and Wrap Reality 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 StatementThis 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", and variations of these terms or the negative of
these terms and similar expressions are intended to identify these
forward-looking statements. Moreover, 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 successfully 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 countries 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 mentioned 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.Contact:Paul
M. ManleyVP – Investor Relations(612) 834-1804pmanley@wrap.com
Media Contact: media@wrap.com
Wrap Technologies (NASDAQ:WRAP)
Historical Stock Chart
From Aug 2024 to Sep 2024
Wrap Technologies (NASDAQ:WRAP)
Historical Stock Chart
From Sep 2023 to Sep 2024