BolaWrap Suggested as Potential Solution During Training Session on Non-Lethal Force Held by LAPD and Police Executive Research Forum
LAS VEGAS, NV / ACCESSWIRE / February 5, 2019 / Wrap Technologies, Inc. (the ''Company'') (NASDAQ: WRTC), an innovator of modern policing solutions, reported national coverage of the Company and its activities surrounding BolaWrap in a Friday USA Today article highlighting an important training session on non-lethal force attended by top law enforcement officials from around the country.
''At the Thursday session in Los Angeles, various companies touted other new alternatives…such as one called the BolaWrap,'' USA Today reported.
Chief Strategy Officer of Wrap Technologies, Don De Lucca, a retired Police Chief of 30+ years and past President of the International Association of Chiefs of Police, was asked to speak about the non-lethal BolaWrap in front of the Police Executive Research Forum and audience of top law enforcement officials.
''There has been tremendous interest in the BolaWrap because it's the only device that restricts mobility without causing pain compliance when dealing with persons suffering from a mental health crisis or being noncompliant,'' Chief De Lucca said. ''The pressure on law enforcement executives to come to a solution is greater now more than ever in dealing with persons suffering from mental health crisis. The reality is that the gap in our tools have been clearly identified, and BolaWrap is going to be the solution that makes a difference,'' Chief De Lucca added.
Media coverage on the BolaWrap intensified this past weekend, with the device being featured more than 100 times on local TV stations across the United States, and with videos about the device generating more than 1.5 million views on social media.
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.
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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:
800-583-2652, Ext #515
SOURCE: Wrap Technologies, Inc.
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