Wrap Technologies Director Michael Parris Championing Humane Non-Lethal Engagement

LAS VEGAS, NV / ACCESSWIRE / July 5, 2018 / Wrap Technologies, Inc. (OTCQB: WRTC), an innovator of modern policing solutions, today highlighted activities related to the use of its BolaWrap non-lethal remote restraint device in mental health encounters.

”Independent director Michael Parris is leading our outreach to stakeholders in confronting the challenging issue of police engagements with those in mental crisis,” said, David Norris, President of Wrap Technologies. ”Michael is connecting with the mental health community, government officials, civil rights advocates, law enforcement executives and others to discuss more humane non-lethal responses that protect the public and law enforcement.”

Mr. Parris was appointed as an independent director in November 2017 prior to the closing of the Company’s self-underwritten IPO. Since 1996, Mr. Parris has been a partner at PR Partners Inc., a sports management firm, primarily overseeing the SHAQ Brand and other strategic alliances. His role with the SHAQ Brand includes business development, worldwide brand management and marketing, public relations and intellectual property policies for NBA hall of fame player, Shaquille O’Neal.

From 1986 to 1996, Mr. Parris had a successful career in law enforcement with the Newark Police Department in Newark, New Jersey. As a member of the department, he was promoted to the rank of Lieutenant and commanded several specialized units including Homicide, Robbery and Internal Affairs.

”A goal of modern policing is to de-escalate encounters early before they become injurious to subjects or police while also serving and protecting the public,” said Mr. Parris. ”Police encounters with those with mental illness are extremely challenging and too often escalate with regrettable outcomes. I believe BolaWrap is an important tool to help law enforcement engage with uncooperative subjects many who are in some form of mental crisis.”

”Michael’s appointed to the Board of Directors reflected his passion for non-lethal policing focusing on the mentally ill and subjects in crisis,” added Mr. Norris. ”As a law enforcement veteran and work with the SHAQ brand, Michael has extensive experience with community policing issues. We are pleased he is taking the lead to publicize the BolaWrap more humane non-lethal engagement solution.”

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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.

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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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