Park City Police to Field Test Wrap Technologies’ Non-Lethal BolaWrap 100 Test Follows Successful Product Demonstration Attended by Multiple Media Outlets

LAS VEGAS, NV / ACCESSWIRE / June 18, 2018 / Wrap Technologies, Inc. (OTCQB: WRTC), an innovator of modern policing solutions, today announced that field testing of the new BolaWrap 100 remote restraint device is scheduled to commence with the Park City (Utah) Police Department. The Company has provided Park City with equipment to deploy to identify the best use cases for BolaWrap remote restraint and evaluate effectiveness as an early engagement tool.

The patented hand-held BolaWrap 100 was inspired by law enforcement professionals. The product is designed to safely and effectively control encounters by remotely wrapping a subject’s legs limiting the need for potentially injurious less lethal or lethal force. The goal is to meet modern policing requirements with a solution that assuages public demands for less lethal policing in a range of police encounters.

“We are excited that the Park City Police Department is joining other select agencies to evaluate BolaWrap 100,” said David Norris, President of Wrap Technologies. “We are seeing a rapid transition from evaluation to field test deployment. Park City and other agencies are also engaging local media as part of their commitment to less lethal policing especially in mental health settings.”

“The BolaWrap gives us another option that we might be able to use to restrain somebody with a less than lethal force option,” said Park City Police Chief Wade Carpenter. “There are often times when our officers encounter intoxicated or mentally ill people that pose a significant risk to officers and the public. In those situations, it would be useful to have another tool, especially one that doesn’t inflict pain.”

The Company has a growing number of product partnerships with high profile agencies designed to ensure the BolaWrap 100 meets customer requirements to restrain noncompliant individuals. The aim is to make encounters more effective and less dangerous to law enforcement and the public.

For information on the Company please visit www.wraptechnologies.com. Examples of recent media coverage, including media interviews with agency representatives, are available as links under the “Media” tab of the website.

About Wrap Technologies (OTCQB: WRTC)

Wrap Technologies is an innovator of modern policing solutions. Wrap Technology premiered its hand-held BolaWrap™ 100 remote restraint solution at the International Association of Police Chiefs (IACP) October 2017 international conference. In December 2017 the Company completed a self-underwritten IPO and trades on the OTCQB Venture Market for early stage and developing U.S. and international companies.

BolaWrap is a patent pending, 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 small but powerful BolaWrap assists law enforcement to safely and effectively control encounters.

Trademark Information: BolaWrap is a trademark of Wrap Technologies, Inc. All other trade names used herein are either trademarks or registered trademarks of the respective holders.

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This press release contains “forward-looking statements” within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995, including but not limited to statements regarding the Company’s overall business, total addressable market and expectations regarding future sales and expenses. Words such as “expect,” “anticipate,” “should,” “believe,” “target,” “project,” “goals,” “estimate,” “potential,” “predict,” “may,” “will,” “could,” “intend,” variations of these terms or the negative of these terms and similar expressions are intended to identify these forward-looking statements. Forward-looking statements are subject to a number of risks and uncertainties, many of which involve factors or circumstances that are beyond the company’s control. The Company’s actual results could differ materially from those stated or implied in forward-looking statements due to a number of factors, including but not limited to: the Company’s ability to 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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