Media Participates in Demonstrating Non-Lethal and Non-Painful Restraint
LAS VEGAS, NV / ACCESSWIRE / August 28, 2018 / Wrap Technologies, Inc. (OTCQB: WRTC), an innovator of modern policing solutions, announced today details of a product demonstration hosted by Westminster California Police Department at their local training center.
In addition to the Westminster Police Department other agencies attending the demonstration were the Newport Beach Police Department, Tustin Police Department, La Habra Police Department and Fountain Valley Police Department. The hand-held BolaWrap 100 is an early engagement tool intended to reduce the need and frequency for pain-inflicting or injurious use of force. It was designed alongside law enforcement with a focus on the complex problem of response to resistance of those in mental crisis, or the mentally ill.
Members of local television media participated by both deploying the BolaWrap 100 and being subject to non-lethal and non-painful restraint as remarked in their broadcast reports:
ABC 7 Los Angeles and Orange County – https://abc7.com/westminster-police-to-test-bolawrap-restraint-device/4041399/
KTLA 5 Los Angeles – https://ktla.com/2018/08/22/police-test-out-new-non-lethal-weapon-in-westminster/
”We thank Chief Ralph Ornelas for hosting the demonstration and taking the time to engage with local media detailing his department’s plans to further evaluate our new solution,” said David Norris, President of Wrap Technologies. ”These events provide important agency and community feedback as we prepare to rollout the BolaWrap 100 nationally and in select international markets in the coming months.”
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 (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 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 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.
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 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 IR@wraptechnologies.com