Wrap Technologies Appoints Rick Guilbault as Vice President of Training to Scale Training Operations

Founded TASER International's Training Academy Training Over 10,000 Professionals Annually

LAS VEGAS, NV / ACCESSWIRE / February 8, 2019 / Wrap Technologies, Inc. (the "Company") (NASDAQ: WRTC), an innovator of modern policing solutions, announced today that it has appointed Rick Guilbault as Vice President of Training. In his new role, Rick will be responsible for scaling the Company's Training Department nationally and internationally to meet the training needs of law enforcement partners to resolve potentially dangerous situations safely and without injuries through effective use of the BolaWrap.

Rick Guilbault

From 2004-2014, Rick was the Vice President of Training and Education for TASER International (now Axon Enterprises). He founded the TASER Training Academy which trained over 10,000 law enforcement trainers, investigators, technicians and executives annually. Rick provided TASER training and presentations to groups throughout the United States, Canada, Europe, Asia, South and Central America, Australia and New Zealand. He has presented training in 26 countries and trained law enforcement and military personnel from 30 countries.

Most recently, since 2014, Rick has been in a sales role for Ti Training in Golden, Colorado where he managed international, federal and military sales of use of force training simulators. Rick retired from the Sacramento Police Department in 2004 at the rank of sergeant after 24 years of service. His assignments included Field Training Officer, SWAT Team Operator, Patrol Sergeant, Academy Commander, In-Service Training Supervisor, and SWAT Team Leader. He is a certified instructor in use of force, chemical agents, firearms, crowd control, and a variety of non-lethal weapons.

Rick has authored numerous articles on non-lethal weapons tactics and training. He has qualified in both federal and state courts as an expert witness in law enforcement training and use of force and has provided testimony at trial and in deposition in about 40 cases in the United States and Canada.

Rick earned his bachelor's degree in criminal justice and his Master of Public Policy and Administration degree from California State University, Sacramento.

"More than 600 departments have requested demonstrations and we are growing rapidly to meet customer requirements. The next important step to support successful adoption of the BolaWrap is training. Rick's years of extensive experience and proven success managing more than 10,000 law enforcement trainers makes him the ideal candidate for this important position," said David Norris, Chief Executive Officer of Wrap Technologies. "We are thrilled to have Rick join the team and lead our training operations."

"The BolaWrap is the right tool at the right time to help law enforcement safely deal with people in crisis and resolve incidents before they escalate to the point where potentially injurious force is needed," said Rick. "I am honored to work with the trainers at Wrap Technologies to develop a world class training program and deliver the highest quality training to our law enforcement partners."

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, Inc.
Investor Relations
800-583-2652, Ext #515
IR@wraptechnologies.com

USA Today: Instead of Shooting, Police Seek New Technology, ‘Hands On Compliance’

BolaWrap Suggested as Potential Solution During Training Session on Non-Lethal Force Held by LAPD and Police Executive Research Forum

LAS VEGAS, NV / ACCESS WIRE / 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.

The full USA Today article can be found here, and an example of one of the viral videos about the BolaWrap circulating social media this past weekend can be found here.

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, Inc.
Investor Relations
800-583-2652, Ext #515
IR@wraptechnologies.com

Wrap Technologies Demonstrates BolaWrap 100 to the International Community

Representatives from 10 Countries Attended an Invitation Only Demonstration Held in Conjunction with the Las Vegas SHOT Show
 

LAS VEGAS, NV / ACCESSWIRE / January 24, 2019 / Wrap Technologies, Inc. (the “Company“) (WRTC), an innovator of modern policing solutions, reported that it hosted an invitation only demonstration of the Company’s first product, the BolaWrap 100, to more than 25 representatives from distributors from 10 different countries on Wednesday. The areas represented included North and South America, Europe and Asia.

 

“The interest and response to the BolaWrap 100 non-lethal solution from the international community has been extraordinary,” said David Norris, Chief Executive Officer of the Company. “We decided to invite selected prospective agents and distributors, many attending the 2019 SHOT Show, to a live demonstration of the product. Each also had the opportunity to deploy the BolaWrap 100 in person and meet our executive, sales and training staff.”

“After yesterday’s successful demonstration, we will now begin a strict and strategic vetting process in order to determine the most effective distribution strategy in selected countries,” said Mike Rothans, Chief Operating Officer of the Company. “Attendees were very impressed with the performance of the BolaWrap 100 and reiterated to us the international need for a new solution to engage with an increasingly non-compliant public.”

Since the Company began demonstrating the BolaWrap 100 in early 2018, representatives from more than 30 countries have reached out directly to the Company requesting demonstrations of the product and the opportunity to distribute to their respective law enforcement agencies. The Company recently shipped its first international order to Asia. The Company currently intends to implement a strategic international rollout of the BolaWrap 100 throughout 2019.

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

Wrap Technologies Provides Update on Pilot Programs

Agencies Such as Coral Gables Police Department Transitioning to Customer Status
 

LAS VEGAS, NV / ACCESSWIRE / January 14, 2019 / Wrap Technologies, Inc. (the “Company“) (NASDAQ: WRTC), an innovator of modern policing solutions, today provided an update on pilot program activity.

The Company’s pilot demonstration program has resulted in the delivery of BolaWrap 100 products to over 45 agencies in the last seven months. “Commercialization of a new crime control product involves demonstration, in-house evaluation, training, policy development and field testing before adoption as a standard policing tool,” explained David Norris, the Company’s chief executive officer. “We are pleased to report we are now seeing early pilot program agencies start to transition to becoming customers.”

The Coral Gables, Florida Police Department first began evaluating the BolaWrap 100 last July and then participated in the Company’s robust training program with additional product in September. The department placed its first order in December that just recently shipped. “Coral Gables has approximately 200 sworn officers and illustrates our pilot demonstration process, especially the importance of robust training covering many aspects of police engagement using the BolaWrap 100,” added Norris. “We will continue to work to expand deployment with additional officers at Coral Gables and at other pilot agencies.”

Coral Gables Police Chief Ed Hudak reported “We are excited about the first phase of our deployment of the BolaWrap. We believe this non-lethal tool will save the lives of officers, the public and those people we have encounters with. Technology in police work is ever-changing; therefore, as Police Administrators, we owe it to our troops and communities to change with it. I believe BolaWrap is one of those ‘Game Changers’ in our profession to assist in de-escalating confrontational situations safely.”

As early sites transition through training and to deployment, the Company continues to deliver pilot program product to select agencies including many that invite the media to experience BolaWrap. The Company was recently the subject of media coverage of a department demonstration in Fresno, California.

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

Wrap Technologies Appoints Michael Daniel as Vice President Supply Chain to Meet Demand

 

LAS VEGAS, NV / ACCESSWIRE / January 8, 2019 / Wrap Technologies, Inc. (the “Company“) (WRTC), an innovator of modern policing solutions, today announced the appointment of Michael Daniel to the newly created position of Vice President Supply Chain. Mr. Daniel joins the Company from JAE Electronics, where he served as Director, Operations.

“As the Company’s operations scale to meet demand for the BolaWrap 100, we are excited to announce the addition of Mike to our management team. Mike’s background in manufacturing engineering, operations, and supply chain fills an important role in ensuring that we can continue to meet order requirements,” said David Norris, the Company’s chief executive officer. “We believe that Mike’s supply chain experience, matching product demand with raw material availability and manufacturing capacity, makes him an exciting hire and helps to positions us for continued growth.”

“The focus of my career has been on meeting demand especially with new products,” Mr. Daniel said. “With the increasing demands on Wrap for production capacity and supply chain reliability, I am excited to help Wrap scale its business. In particular, I look forward to working with Wrap’s suppliers and customers on the new BolaWrap 100 and its innovative green line laser accessory. My past new product experience at Western Digital and Toshiba America is especially relevant for the production demands associated with the expected domestic and international growth of BolaWrap 100.”

Mr. Daniel most recently served as Director, Operations at JAE Electronics, where he was responsible for demand fulfillment including inventory control and logistics. Prior to that, he was a Senior Manager, Operations at Western Digital, where he was responsible for manufacturing engineering, new product introductions and development of fulfillment strategies. From 1990 to 2006 he held various roles at Toshiba America Information Systems, Inc., with his last position as Director of Operations, where he was responsible for order fulfillment for products generating over $2B in revenue. Mr. Daniel has a BS in Industrial Engineering from California State Polytechnic University and an MBA from California State University-Fullerton. He is a Six Sigma Black belt.

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

Wrap Technologies Promotes David Norris to Chief Executive Officer

David Norris promoted to Chief Executive Officer.

LAS VEGAS, Nevada, December 17, 2018 – Wrap Technologies, Inc. (the “Company”) (Nasdaq:WRTC), an innovator of modern policing solutions, today announced that its current President, David Norris, has been promoted to Chief Executive Officer to lead the Company’s growing executive team.

Norris is an experienced executive and joined the Company as President in January 2018. From April 2014 to December 2017 Norris served in various executive roles, including President at privately held loanDepot, LLC as it rapidly expanded into the 5th largest mortgage lender in the US. loanDepot had 6,000 employees and generated $1B in revenue in 2017.

Prior to his time at loanDepot, Norris served as CEO of Greenlight Financial, President of LendingTree Loans, and other executive and management roles at Toshiba America Information Systems and Qualcomm Personal Electronics. In his early career, Norris served as a probation officer in San Diego County for five years.

“David’s operational, engineering and manufacturing experience will be essential to our success.  His track record of running large and small businesses speaks for itself,” said Scot Cohen, Executive Chairman of the Board. “David’s integrity, knowledge, passion and reliability made him the success he is today. I’m grateful and proud to have him lead this company going forward.”

In his role as Chief Executive Officer, Norris will work to strengthen the Company’s sales and manufacturing initiatives to facilitate mass production and distribution of the BolaWrap 100 product in 2019. Norris will also support the Company’s award-winning inventor and Chief Technology Officer, Woody Norris, as he leads the Company’s research and development team to create new technological solutions for law enforcement and military.

“I’m excited about the opportunity to lead Wrap Technologies, especially now as the community demands alternative outcomes to everyday encounters with law enforcement. More effective, less lethal tools are needed, and we’re going to do our part to ensure the safety of officers and citizens alike,” Norris said. 

“I think the Wrap Technologies management team consisting of leading executives, innovators, law enforcement professionals and manufacturing wizards provides a promising environment to make a large impact. I look forward to building upon that foundation through strong sales efforts, strategic acquisitions and partnerships, new products, and operational efficiencies to ensure we deliver the best products possible,” Norris added.

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.

 
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

Wrap Technologies Announces Uplisting To Nasdaq Capital Market On December 4, 2018

LAS VEGAS, NV / ACCESSWIRE / December 3, 2018 / Wrap Technologies, Inc. (the “Company”) (WRTC), an innovator of modern policing solutions, today announced that its shares of common stock were approved for listing on the Nasdaq Capital Market.
Trading on the Nasdaq Capital Market is expected to commence at the opening of trading on December 4, 2018 under the Company’s existing trading symbol, WRTC.
Scot Cohen, Executive Chairman, stated, “Our listing on the Nasdaq Capital Market is a major corporate milestone, building on the technical and marketing progress of our patented BolaWrap non-lethal policing tool. We believe the listing will help broaden our shareholder base, improve liquidity, and provide increased visibility to the institutional investor community, ultimately contributing to increasing shareholder value.” David Norris, President added, “Our team is excited about the next chapter in our development helping to meet the demands of modern community policing.”
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.

Read This Press Release on Yahoo Finance

WRAP TECHNOLOGIES’ CONTACT :
Investor Relations
800-583-2652, Ext #515
IR@wraptechnologies.com

Wrap Technologies To Present At The 11th Annual LD Micro Conference

LAS VEGAS, NV / ACCESSWIRE / November 26, 2018 – Wrap Technologies, Inc. (the “Company”) (OTCQB: WRTC), an innovator of modern policing solutions, announced today that management will participate in 11th Annual LD Micro Conference, an investor conference being held at Luxe Sunset in Bel-Air, California, from December 4-6, 2018.

LD Micro hosts the largest and most influential independent micro-cap conferences with over a thousand companies presenting since 2008 and institutional interest from over 300 firms. The 2017 Main Event had 256 companies, 3,000+ private meetings, and 1,500 attendees with 75 sponsoring firms.

David Norris, CEO of the Company will be presenting an update on the company’s business and growth strategy to attendees in a group presentation at 7:30 AM PT on Tuesday, December 4th, and management will also be holding one-on-one meetings on December 4th and 5th at the conference venue.

”We are excited to present our first product, the BolaWrap 100, to the investor community,” said David Norris, CEO of Wrap Technologies. ”Our story is compelling, as the BolaWrap 100 represents an exciting new policing tool to non-lethally engage with noncompliant subjects, especially those in mental crisis.”

A live webcast of the presentation will be available for streaming here and via the investor relations section of the Company’s website at wraptechnologies.com. The presentation will also be archived for replay at that link for 30 days.

For additional information or to schedule a one-on-one meeting with Wrap Technologies management, please contact the company’s IR team at IR@wraptechnologies.com.

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.

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WRAP TECHNOLOGIES’ CONTACT :
Investor Relations
800-583-2652, Ext #515
IR@wraptechnologies.com

Wrap Technologies Appoints Two Independent Members to Board of Directors

Patrick Kinsella and Wayne Walker Bring Financial and Corporate Governance Expertise to Help Guide the Company in its Next Phase of Growth

LAS VEGAS, NV / ACCESSWIRE / November 15, 2018 / Wrap Technologies, Inc. (the “Company”) (WRTC), an innovator of modern policing solutions, has appointed Patrick Kinsella and Wayne R. Walker to its Board of Directors (the “Board”), effective November 14, 2018. Their appointments increase the total number of directors on the Board to five, including two executive directors and three independent directors. Mr. Kinsella chairs the Company’s newly appointed Audit Committee and Mr. Walker chairs both the Compensation Committee and the Nominations and Governance Committee of the Board. The Company is currently preparing for its next phase of development and sales growth, and management believes that the newly appointed board members will enhance the Company’s focus on financial and corporate governance.

In addition, James Barnes, the Company’s Chief Financial Officer, Secretary and Treasurer, resigned from his position as a director on the Board, effective November 14, 2018, in order to ensure that a majority of the directors on the Board qualify as “independent directors,” pursuant to the standards established by the Securities and Exchange Commission and the Nasdaq Capital Market, with the goal of facilitating the Company’s previously announced application to list its common stock for trading on the Nasdaq Capital Market.

Mr. Kinsella, age 65, currently serves as an adjunct professor at the USC Marshall School of Business, a position that he has held since August 2011. In 2014, he was appointed as a director and the Chairman of the audit committee of PennyMac Financial Services, Inc. (“PennyMac”) (PFSI). Prior to his retirement as a senior audit partner in May 2013, Mr. Kinsella spent over 37 years at KPMG LLP serving clients generally concentrated in the financial services sector, including banks, thrifts, mortgage companies, automotive finance companies, alternative investment companies and real estate companies. Mr. Kinsella received a BS in Accounting from California State University, Northridge, and is a licensed certified public accountant in the State of California.

Mr. Walker, age 59, founded Walker Nell Partners, Inc. (“Walker Nell”), a financial advisory firm in 2013, where he continues to serve as the managing partner. Walker Nell provides corporate governance and restructuring advisory services, fiduciary services, litigation support, and other services to client corporations and law firms. In his role at Walker Nell, he has served on a number of private company boards. He has also been active on charitable boards, and currently serves as Chairman of the Board of Trustees of National Philanthropic Trust, a public charity that holds over $6.0 billion of assets under management.

Mr. Walker has more than 25 years of experience in corporate law and corporate restructuring, including working 15 years at the DuPont Company in the Securities and Bankruptcy group, where he worked in the Corporate Secretary’s office and served as Senior Counsel. He holds a B.A. from Loyola University New Orleans and a J.D. from the Catholic University of America.

“Patrick is an experienced board member and audit committee chair with significant financial and regulatory expertise and experience. Wayne has substantial board and community involvement, and has a national reputation for speaking on corporate governance matters. We are honored to have their counsel as we seek to grow our business throughout the world,” said David Norris, the Company’s President.

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.

Read This Press Release on Yahoo Finance

WRAP TECHNOLOGIES’ CONTACT :
Investor Relations
800-583-2652, Ext #515
IR@wraptechnologies.com

Wrap Technologies Promotes Michael Rothans to Chief Operating Officer

Rothans to Lead Sales and Training Teams to Enable Rapid Growth

LAS VEGAS, NV / ACCESSWIRE / November 13, 2018 / Wrap Technologies, Inc. (the ”Company”) (WRTC), an innovator of modern policing solutions, has promoted Michael Rothans, the Company’s Senior Vice President of Business Development since September 2017, to the position of Chief Operating Officer. In his new role, Rothans will lead sales, training and technical support teams, a critical role as the Company prepares to expand its sales efforts with respect to its new BolaWrap 100 non-lethal remote restraint solution to law enforcement agencies in the United States and certain other key countries.

 

Michael Rothans

Rothans is a proven law enforcement executive with deep knowledge and experience in police engagements. He retired in 2015 as a thirty-one year, highly-decorated veteran of the Los Angeles County Sheriff’s Department (”LASD”). His last position with the LASD was as Assistant Sheriff overseeing the department’s patrol operations. As Assistant Sheriff, he was responsible for a nearly one-billion-dollar budget and supervised over 6,000 sworn and civilian personnel. In addition, he served the important role of Chair of the Executive Force Review Committee for the LASD, during which time he was responsible for reviewing all officer-involved shootings and significant uses of force for the department and determined if those force incidents met LASD standards.

”Mike brings invaluable knowledge about real-world encounters between the police and the public to his new position,” said David Norris, the Company’s President. ”Since joining the Company in late 2017, Mike has been instrumental in our business development, leading the introduction of our new early restraint product to key law enforcement agencies across the United States. He has been a credible Company spokesperson, and we are thrilled to have his talent and proven leadership managing and advancing our growth.”

”It is a rare opportunity to work with a Company that can positively impact a national social issue, such as police encounters with individuals suffering from a mental health crisis,” said Rothans. ”It is a privilege to be part of a solution to a problem that has plagued law enforcement for many years- reducing the level of force used to subdue people in crisis while addressing the negative social perception of police force, and mitigating the cost of these encounters to law enforcement agencies, local communities, and ultimately the taxpaying public. I am proud to be part of this organization and to have this opportunity to apply my knowledge and experience in my new role while focusing on driving expanded growth in 2019.”

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.

Read This Press Release on Yahoo Finance

WRAP TECHNOLOGIES’ CONTACT :
Investor Relations
800-583-2652, Ext #515
IR@wraptechnologies.com