Wrap Technologies Announces Partnership to Share Virtual Reality Technology with Pennsylvania and New York Law Enforcement
January 03 2022 - 11:00AM
Wrap Technologies, Inc. (Nasdaq: WRAP) (the “Company”), a global
leader in innovative public safety technologies and services, today
announced its partnership with the Emergency Response Training
& Certification Association (ERTCA) and the Mansfield
University Public Safety Training Institute (MUPSTI) to educate
Pennsylvania and New York law enforcement in virtual reality
training technology.
ERTCA met with Pennsylvania Governor, Tom Wolf, in early
December 2021 where ERTCA President, Eric Porterfield, announced
the launch of the mobile platform that will begin traveling
throughout Pennsylvania and Upstate New York in March 2022. The
public safety Mobile Virtual Reality Experience (MVRE) will offer
thirty-six credentialed virtual reality training modules through
the Wrap Reality platform, to municipal law enforcement departments
and educational institutions.
Also supporting the MVRE collaboration project are AT&T,
Blaise-Alexander, and the Pennsylvania Department of Education
(PADE).
“Virtual reality is perhaps the most important tool educators
have in leveling the playing field when it comes to in-service
training,” said Chief Scott Henry, Director of MUPSTI’s ACT 120
program. “The MVRE program will be free to use. It will reach
departments as small as two officers and as large as 100.”
“ERTCA’s mission aligns perfectly with Wrap Reality,” said Tom
Smith, WRAP President & CEO. “We both share the goal of
providing high-quality educational opportunities to first
responders, and together, we can provide better training to more
agencies and build safer communities. In Wrap Reality, officers can
train a few minutes every week, rather than just a few days per
year, and every officer can practice a broad range of skills, from
verbal de-escalation to tactical.”
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.Connect with
WRAP:WRAP on FacebookWRAP on Twitter WRAP on
LinkedInTrademark Information
BolaWrap, 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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