Indiana’s First Police Agency Takes the Lead with Wrap Reality
October 19 2021 - 1:54PM
Wrap Technologies, Inc. (the “Company” or “WRAP”) (Nasdaq:
WRAP), a global leader in innovative public safety
technologies and services, announced today that Indiana’s Frankfort
Police Department is the first agency within Indiana to receive
Wrap Reality, WRAP’s de-escalation platform, designed for agencies
to enhance their training, leading to better performance in the
field through VR simulation. Wrap Reality was donated to Frankfort
PD by the Center Township of Clinton County.
“We are grateful to the Center Township Trustees for standing
behind our mission of protecting and serving the community,” said
Chief Scott Shoemaker of Frankfort PD. “Our officers face a variety
of challenging situations in the field daily and Wrap Reality’s
robust and comprehensive library of scenarios allows our officers
to prepare for their real-life encounters in the virtual
world.”
Jami Pratt, Center Township Trustee in Clinton County,
commented: “Led by Chief Shoemaker, Frankfort Police cares about
the safety of their officers and the community, as reflected by
their utilization of innovative solutions like Wrap Reality to
improve officer training.”Wrap Reality 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 recently announced its collaboration with Amazon Web
Services to utilize AWS GovCloud (US) for Service, Delivery, and
Storage and bring the most advanced cloud-native services to Wrap
Reality customers, improving the flow of information and providing
a better experience for law enforcement agencies.
“It is exciting to see the community get behind their local
police department in support of improved officer training through
Wrap Reality,” said Clark Dever, VP of Product Management, Wrap
Reality. “This allows for more frequent, immersive training,
resulting in safer interactions between community members and the
brave officers who serve and protect them.”
To learn more about Wrap Reality, please visit
wrap.com/reality.
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:
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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
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