WRAP Releases New Body Cam Video Deployment of BolaWrap in Pembroke Pines, Florida
January 20 2022 - 9:47AM
Wrap Technologies, Inc. (Nasdaq: WRAP) (the
“Company”), a global leader in innovative public safety
technologies and services, today shared new agency body cam footage
provided by the Pembroke Pines Police Department demonstrating a
successful outcome from the deployment of the BolaWrap® Remote
Restraint device.
On November 3, 2021, officers of the Pembroke Pines
Police Department in Florida responded to a subject walking in the
center lane of a busy highway road. The subject was unresponsive to
multiple officer commands and continued walking through traffic.
Officers on-scene were able to coordinate a deployment of the
BolaWrap to the subject’s lower legs, resulting in an immediate
response from the subject. The subject was safely halted, thereby
allowing officers to take the subject into custody without
injury.
“One by one, these successful body cam videos serve
as case studies to the effectiveness and safety of our BolaWrap
devices for police officers and subjects at risk,” commented WRAP
CEO and President, Tom Smith. “We expect to see more adoption as we
continue to educate and demonstrate how it is the most valuable and
proven tool in the market to assist law enforcement agencies across
the globe.”
The body cam footage can be viewed here. Body cam
footage of other BolaWrap deployments can be viewed here.
About WRAP
WRAP 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.
Connect with WRAP:WRAP on FacebookWRAP on
Twitter WRAP on LinkedIn
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, including the
acceptance of the BolaWrap 150; the risk that distributor and
customer orders for future deliveries are modified, rescheduled or
cancelled in the normal course of business; 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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