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Wrap Technologies Receives Significant New International Orders


TEMPE, Arizona, February 10, 2020 -- Wrap Technologies, Inc. (the “Company” or “Wrap”) (Nasdaq: WRTC), an innovator of modern policing solutions, today announced it has received international purchase orders for 200 BolaWraps and 2,000 Cartridges and accessories. 

The purchasing police agency placed the orders after successful demonstrations and trainings completed late last year. Wrap also received an initial order in January from a new Asian country to commence demonstrations and trials of BolaWrap. The Company expects to recognize revenues from the orders during the first quarter of 2020.

“We are excited about our international expansion and the rapid adoption by premier international police agencies,” said Tom Smith, President of Wrap Technologies. “Countries that have already tested and evaluated the BolaWrap are now placing follow-on orders, and we’re continuing to see new interest from previously unpenetrated markets.”

During the month of January, Wrap also demonstrated BolaWrap in two additional countries in Asia. The Company has delivered product to 22 different countries and signed 16 international distributors covering 26 countries in the last 10 months.

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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

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Wrap Technologies Announces First Foreign Patent Allowances


BolaWrap and Wrap Tradenames Registered in Multiple Countries

TEMPE, Arizona, February 5, 2020 -- Wrap Technologies, Inc. (the “Company” or “Wrap”) (Nasdaq: WRTC), an innovator of modern policing solutions, announced receipt of the first two foreign country patent allowances on its innovative restraint device and technology. The Company has to date filed for patent protection in 27 countries plus the European Community covering up to 38 additional countries.

The Company’s Chief Technology Officer and award-winning inventor, Elwood (Woody) Norris stated, “Each jurisdiction performs its own examination and review. These first two foreign allowances are further confirmation of the merits and uniqueness of our novel technology. We anticipate additional country allowances in 2020.

“We expect that current and future customers, consisting mostly of government agencies, will honor our leading patent position and recognize the benefits and importance of our robust training and support infrastructure.”

The Company owns six U.S. patents with multiple U.S. and foreign patents pending on various aspects of its restraint technology and plans to file additional patents in 2020. Other technology innovations are also under development. The Company’s strategy is to aggressively secure its product innovations in both domestic and international markets.

Recognition and awareness of the Company’s BolaWrap and Wrap brands is growing rapidly due in part from the impact of over 80 million social media impressions worldwide and over 1000 local and national television airings. The Company’s trademarks are already registered in a half dozen countries and are pending and expected to be granted protection in many others in 2020.

Woody Norris has been granted over 80 U.S. patents covering a range of pioneering innovations including non-lethal hailing devices, defense technologies, medical technology, data storage and audio electronics. His pioneering patents have served as part of the foundation of billion-dollar product markets. Companies founded by Mr. Norris have also successfully defended core technology patents through enforcement and licensing generating over $300 million in gross license fees from major international technology companies.

Mr. Norris is a past recipient of the prestigious Lemelson-MIT $500,000 national inventor prize. He has also been a frequent feature speaker on patents and innovation to attorneys in the U.S. patent office and at events sponsored by major corporations including IBM, General Motors, Chrysler Corporation, RIM (Blackberry) and others.

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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

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Wrap Technologies Reports Increased BolaWrap Order Activity in January 2020


TEMPE, Arizona, February 3, 2020 -- Wrap Technologies, Inc. (the “Company” or “Wrap”) (Nasdaq: WRTC), an innovator of modern policing solutions, announced that in January 2020 it received new orders for BolaWrap product and accessories from police agencies and domestic distributors in Arizona, North Carolina, Minnesota, Virginia, Alabama, Connecticut, Louisiana, Massachusetts, Texas, North Dakota and Florida.

“We began 2020 with increased order activity from agencies and distributors throughout the country, due in large part to the robust network of domestic distributors we built during 2019,” said David Norris, Chief Executive Officer at Wrap Technologies. “Because of how we have structured our new production facility in Tempe, we were positioned to accommodate the higher volume of orders we received in January compared to prior months. We are able to scale along with the growing demand we continue to see for requests for demonstrations, training, and new orders from police agencies across the United States.”

BolaWrap distributors performed more than 50 regional demonstrations in January. The Company performed 12 regional demonstrations and its Wrap Training Academy conducted 6 “Train the Trainer” courses.

Rick Guilbault, VP of Training at Wrap Technologies, added: “The BolaWrap is a simple device to operate, but like any police tool, the BolaWrap requires adequate training to prepare officers for high pressure field situations. We’ve therefore built a comprehensive training program to support the agencies and their field use, and we now have 53 BolaWrap Master Instructors, who are certified to train the trainers of police agencies.

“We recently launched our Learning Management Software (LMS) containing a variety of training coursework for agencies enabling them to register online to attend or host BolaWrap training in their area. LMS makes it much easier for us to introduce the BolaWrap to new agencies and ensure that officers in the field are using the tool safely and effectively.”

Coverage of the Company’s most recent regional BolaWrap demonstration on Friday with Reynoldsburg Police Department in Ohio can be found below:

NBC 4 Columbus
The Columbus Dispatch
WOSU Radio

 Click below to receive breaking news alerts on Wrap Technologies [Nasdaq: WRTC]

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

Categories
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Wrap Technologies’ BolaWrap Deployed Live On KTLA 5 Los Angeles


TEMPE, Arizona, January 28, 2020 -- Wrap Technologies, Inc. (the “Company” or “Wrap”) (Nasdaq: WRTC), an innovator of modern policing solutions, demonstrated the BolaWrap 100 live on-air with KTLA Los Angeles on Friday, January 24, 2020. Wrap President Tom Smith and Master BolaWrap Instructor Joey Stoker simulated a team policing scenario and deployed a “double-wrap” (wrapping the subject’s legs and arms simultaneously).

“The suspect’s arms and legs are restrained. There’s no electricity, no chemicals. We didn’t hurt the suspect. But he’s not going anywhere, so the officers can now safely take him into custody,” Smith said during the interview.

Smith was interviewed alongside Chief Carlos Islas of Bell Police Department in California. Bell Police Department officers are currently carrying BolaWrap in the field.

Chief Islas discussed a recent successful use case where BolaWrap was pointed at a suspect, and the presence of the device’s patented green line laser was enough to de-escalate the encounter and result in the suspect complying with the officer.

“It’s a major benefit to the department in that it allows us to fill this gap that we’ve had for many years where the officers have a less than lethal option that doesn’t require pain compliance,” said Chief Islas. “It causes minimal disruption to the individual physically, but at the same time it restrains their movement, which allows officers to move in closer… to either take them into custody, or disarm them if he’s a using an edged weapon or some other device that’s not a firearm.”

A video of the live deployment and full interview can be found here.

 Click below to receive breaking news alerts on Wrap Technologies [Nasdaq: WRTC]

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

Categories
Press Releases

Wrap Technologies to Showcase BolaWrap This Week in Las Vegas


TEMPE, Arizona, January 20, 2020 -- Wrap Technologies, Inc. (the “Company” or “Wrap”) (Nasdaq: WRTC), an innovator of modern policing solutions, announced its BolaWrap Remote Restraint device will be showcased at a partner’s booth (Booth #649) at the Sands Expo in Las Vegas from Tuesday, January 21st through Friday, January 24th.

The Company will be demonstrating the BolaWrap today from 9am PT to 4pm PT during a Las Vegas Metropolitan Police Department Demonstration Day located at the Las Vegas Metropolitan Police Department Firearms Training Facility.

The Company will be also be hosting a private demonstration of the BolaWrap for this week’s Las Vegas convention attendees on Wednesday, January 22nd at 4pm PT, at a local firing range. If you are interested in attending, please contact the Company for more details here.

 Click below to receive breaking news alerts on Wrap Technologies [Nasdaq: WRTC]

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

Categories
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Wrap Technologies President Tom Smith To Appear Live on “FOX & Friends”


TEMPE, AZ / ACCESSWIRE / January 17, 2020 / Wrap Technologies, Inc. (the "Company" or "Wrap") (WRTC), an innovator of modern policing solutions, announced that Tom Smith, President of Wrap Technologies, is scheduled to be interviewed live tomorrow morning in-studio on FOX National News Channel on the FOX & Friends program.

Details of the broadcast are as follows:

Date: Saturday, January 18, 2020
Scheduled Start Time: 8:45am-8:50am EDT*
Network: FOX News
Network Show: FOX & Friends
Hosts: Pete Hegseth, Rachel Campos-Duffy, and Jason Chaffetz

To learn more about FOX & Friends, please visit: https://www.foxnews.com/shows/fox-and-friends

*Start times are subject to change

 Click below to receive breaking news alerts on Wrap Technologies [Nasdaq: WRTC]

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

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Harris County Precinct 1 Constable’s Office To Carry Wrap Technologies’ BolaWrap

TEMPE, Arizona, January 15, 2020 -- Wrap Technologies, Inc. (the “Company” or “Wrap”) (Nasdaq: WRTC), an innovator of modern policing solutions, announced that Harris County Precinct 1 Constable’s Office in Texas has purchased BolaWrap products and accessories and will begin carrying the device in the field in the coming weeks.

More than 100 police agencies across the United States are currently either field testing or have deployed the BolaWrap remote restraint device in the field.

“We are pleased with the pace at which police agencies are adopting the BolaWrap since we released our commercialized BolaWrap device in May of 2019,” said David Norris, CEO of Wrap Technologies. “Led by Constable Alan Rosen, Harris County Precinct 1 Constable’s Office is a forward-thinking agency looking for humane ways to deal with noncompliant, mentally ill subjects without resorting to high levels of force.”

Local NBC news station KPRC 2 aired a comprehensive story on the Harris County Precinct 1 Constable’s Office’s upcoming BolaWrap deployment. The story covers police use of force with mentally ill subjects and includes an interview with the father of a mentally ill man who was killed during a police encounter.

In a video released by Harris County Precinct 1 Constable’s Office, Constable Alan Rosen stated: “Anything that will neutralize a threat without hurting anybody is always our goal in law enforcement. That’s our goal. That’s our mission.”

Kevin Quinn, Communications Director at the Harris County Precinct 1 Constable’s Office provided an update on the precinct’s deployment schedule: “We are currently finishing up our policy writing for the BolaWrap and plan to deploy the device in the field in the next couple of weeks.”

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

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Wrap Technologies Appoints Former Police Commissioners To Lead Public Safety Relations Team

Untitled design (12)

TEMPE, Arizona, January 7, 2019 -- Wrap Technologies, Inc. (the "Company" or "Wrap") (Nasdaq: WRTC), an innovator of modern policing solutions, has appointed Richard Ross Jr., retired Commissioner of Philadelphia Police Department, and Edmund Hartnett, retired Commissioner of Yonkers Police Department, to lead the Company's public safety relations efforts.

Ross and Hartnett will be responsible for outreach and liaisons with law enforcement police executives and community stakeholders across the country.

"After LAPD's decision to train more than 1,000 officers, the demand from larger police departments domestically and internationally has increased," said Mike Rothans, Chief Operating Officer at Wrap Technologies. "We believe these two individuals, who have decades of public safety service and executive experience with large police departments, will be of great help as we work to establish the BolaWrap as a standard less-lethal option for law enforcement around the world."

As Commissioner of Philadelphia Police Department, Richard Ross Jr. led the fourth largest police department in the nation with more than 6,500 sworn and 800 civilian members.

Prior to his appointment to Commissioner, Ross served as Philadelphia Police Department's first Deputy Commissioner. In both positions, he helped lead the department's commitment to improve reform and accountability while championing community policing, community partnerships and the use of technology and data to support smart, effective and respectful policing.

Throughout his career, he commanded various units, ranging from Patrol, Special Operations and the Detective Bureau to Homicide and Internal Affairs. As First Deputy Commissioner of Field Operations, his command included Patrol Operations, Homeland Security & Domestic Preparedness, Special Operations, Detective Bureau, Labor Relations, Community Relations, Criminal Intelligence, Command Inspections Bureau and the Mayor's Security Detail.

Ross is the recipient of numerous awards and citations, including the Gary P. Hayes Award for Excellence in Policing and the Dawn's Place Champion Award for his work in reducing human trafficking. He has an undergraduate degree in Labor & Industrial Relations from Penn State University and a master's degree in Criminal Justice from Saint Joseph's University. Ross is a graduate of the Northwestern School of Police Staff and Command, the F.B.I. National Academy, the National Executive Institute and the Police Executive Leadership Institute. He has also earned a leadership certificate from the Harvard Kennedy School.

"With almost 31 years of service in law enforcement, I've seen first-hand the challenges faced when dealing with non-compliant subjects, especially those in mental crisis," said Richard Ross Jr. "The law enforcement community is looking for new ways to de-escalate potentially violent encounters, and the BolaWrap is an important step in the right direction."

Edmund Hartnett served in the NYPD for 27 years and retired as a Deputy Chief. During his career, he commanded several NYPD units including the Drug Enforcement Task Force, the Quality Assurance Division and the Intelligence Division.

After retiring from the NYPD, Hartnett served as Police Commissioner of Yonkers, the fourth largest city in New York State, from 2006 through 2011. After leaving the Yonkers Police Department, he worked with former NYPD Police Commissioner Bill Bratton as part of the Bratton Group on police consulting projects in Los Angeles, Oakland, CA, Detroit and Baltimore. 

Hartnett holds a bachelor's degree from Fordham University, a master's degree in Public Administration from Marist College and a Certificate in Police Management from the Columbia University Graduate School of Business. He is a graduate of the FBI National Academy, the FBI National Executive Institute and the Executive Leaders Program of the Center for Homeland Defense and Security of the Naval Postgraduate School.

"To me, the most appealing aspect of the BolaWrap is that it does not rely on pain to gain compliance," said Edmund Hartnett. "The device is a game changer for law enforcement, and I am excited to assist in bringing the BolaWrap to law enforcement executives around the world."

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

Categories
Press Releases

Multiple California Agencies to Deploy Wrap Technologies’ BolaWrap

Sacramento PD and El Segundo PD join LAPD, Santa Cruz Sheriff's Office and others in BolaWrap Deployment

TEMPE, Arizona, December 23, 2019 -- Wrap Technologies, Inc. (the "Company" or "Wrap") (Nasdaq: WRTC), an innovator of modern policing solutions, reported that more than 15 police departments in California have received BolaWrap training as of December 22, 2019, and many are moving towards field deployment in early 2020.

Sacramento Police Department sent trainers to the Company's headquarters in Tempe, Arizona last week to receive BolaWrap training, and plan to deploy the BolaWrap in the field next month.

According to ABC10 in a recently published story, "In 2018, mental health-related calls in the Capital City [Sacramento] reached their highest level in three years with close to 11,000 calls for service. Officials said they hope the BolaWrap could be another tool in the officers belt."

"Sacramento is one of thousands of cities across the United States facing a rising number of mental health-related calls, causing police officers to essentially become the de-facto social services," said Mike Rothans, Chief Operating Officer at Wrap Technologies. "We created the BolaWrap to help solve precisely this issue. When someone calls the police on their potentially violent, mentally ill family member or friend, officers equipped with the BolaWrap can now secure the individual in crisis without causing harm.

El Segundo Police Department Chief Bill Whalen recently ordered several BolaWrap devices for his department to be deployed in the field.

Chief Whalen told Fox News in a nationally published story last Monday, "If this does what we think it's going to do and we're able to safely take people into custody… I really do think that you'll see this across law enforcement agencies nationwide and worldwide for that matter."

"It's exciting to see departments moving forward with field deployment," said Tom Smith, President of Wrap Technologies. "At the same time, we are continuing to see an increase in requests for BolaWrap demonstrations, training, and quotes, especially following Los Angeles Police Department's recent decision to deploy the BolaWrap in the field."

The Company held multiple demonstrations and Train the Trainers for police departments across the United States this month - links to some of the events covered by the media can be found below:

West Palm Beach, Florida
New Canaan, Connecticut
El Segundo, California
Baton Rouge, Louisiana
Wake County, North Carolina

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

Categories
Press Releases

Wrap Technologies President To Appear On Yahoo Finance TV “On the Move”


TEMPE, Arizona, December 19, 2019 -- Wrap Technologies, Inc. (the "Company" or "Wrap") (Nasdaq: WRTC), an innovator of modern policing solutions, announced that Tom Smith, President of Wrap Technologies, is scheduled to be interviewed live this afternoon via Skype on Yahoo Finance TV's "On the Move".

Details of the broadcast are as follows:

Date: December 19, 2019
Scheduled Start Time: 12:45pm EDT
Network: Yahoo Finance TV
Network Show: On the Move
Host: Adam Shapiro and Julie Hyman
Live television stream: Click here to watch live

To learn more about "On the Move," please visit: https://finance.yahoo.com/show/onthemove

 Click below to receive breaking news alerts on Wrap Technologies [Nasdaq: WRTC]

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