Bolawrap 100 Wins a 2018 ''Best Of What's New'' Award by Popular Science
One of Ten Innovations in the Security Category
LAS VEGAS, NV / ACCESSWIRE / November 28, 2018 / Wrap Technologies, Inc. (the "Company") (WRTC), an innovator of modern policing solutions, announced today that their first product, the BolaWrap 100, has been selected as one of the top 100 innovations of 2018 by Popular Science.
"The 'Best of What's New Awards' allow us the chance to examine and honor the best innovations of the year," says Popular Science Editor-in-Chief Joe Brown. "This collection shapes our future, helps us be more efficient, keeps us healthy and safe, and lets us have some fun along the way. From simple household items to massive space-exploration tools, we're proud to bring you the Best of What's New 2018."
The winners are divided into select categories. BolaWrap 100 was one of ten innovations selected and featured in the 'Security' category.
Popular Science writes, "An automatic lasso: when police need to stop a suspect, they reach for electrified Tasers or resort to tackling. BolaWrap is a nonlethal and non-injuring tool to snare potential perps. The handheld device, based on the throwing weapon slung by South American gauchos, shoots an 7.7-foot-long Kevlar tether anywhere from 10 to 25 feet. The whip wraps around a suspect's legs two to three times--depending on their size--and two barbed pellets anchor themselves to clothing. Cops can load a new cartridge in seconds."
Elwood "Woody" Norris, CTO of Wrap Technologies and inventor of the BolaWrap 100, holds more than 80 patents and is a nationally recognized and award winning inventor. "I am honored to be recognized by Popular Science with the prestigious Best of What's New award. I am blessed to have been able to invent products like the BolaWrap and others, that largely impact the safety and security of our great nation," commented Mr. Norris.
Click here to view the full Popular Science Best of What's New 2018 awards page.
About Best Of What's New
Since 1988, the editors of Popular Science have reviewed thousands of products in search of the top 100 tech innovations of each year--breakthrough products and technologies that represent a significant advancement in their categories. Best of What's New awards are presented to 100 new products and technologies in 10 categories: Aerospace, Automotive, Engineering, Entertainment, Gadgets, Health, Home, Recreation, Security, Software.
About Popular Science
As one of America's oldest and most trusted magazines, Popular Science has spent a century and a half bringing readers the most amazing innovations and discoveries. From thought leaders to skeptics, from digital natives to print devotees, Popular Science's audience is as diverse as the stories in and on our pages. And we all have one thing in common: a boundless sense of wonder. Established in 1872, Popular Science is published by Bonnier Corp. Bonnier Corp. is one of the largest consumer publishing groups in the United States, and is the leading media company serving passionate, highly engaged audiences with more than 30 special- interest magazines and related multimedia projects and events.
About Wrap Technologies (WRTC)
Wrap Technologies is an innovator of modern policing solutions. The Company's BolaWrap 100 product is a patented, hand-held remote restraint device that discharges an eight-foot bola style Kevlar® tether to entangle an individual at a range of 10-25 feet. Developed by award winning inventor Elwood Norris, the Company's Chief Technology Officer, the small but powerful BolaWrap 100 assists law enforcement to safely and effectively control encounters, especially those involving an individual experiencing a mental crisis. For information on the Company please visit www.wraptechnologies.com. Examples of recent media coverage are available as links under the "Media" tab of the website.
Trademark Information: BolaWrap is a trademark 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," variations of these terms or the negative of these terms and similar expressions are intended to identify these forward-looking statements. 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 successful 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 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 included in the Company's most recent 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.
WRAP TECHNOLOGIES' CONTACT:
Investor Relations
800-583-2652, Ext #515
IR@wraptechnologies.com
SOURCE: Wrap Technologies, Inc.
