Two New Bodycam Videos Highlight WRAP’s BolaWrap® Effectiveness For Safer Policing Outcomes

BolaWrap Field Use Continues to Increase as Result of Successful Deployments

TEMPE, Ariz., Oct. 04, 2021 (GLOBE NEWSWIRE) — 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 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.

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Trademark 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 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”, 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. Manley
VP – Investor Relations
(612) 834-1804
pmanley@wrap.com

Media Contact: media@wrap.com