TEMPE, Ariz., Sept. 20, 2022 (GLOBE NEWSWIRE) — Wrap Technologies, Inc. (Nasdaq: WRAP) (the “Company”), a world chief in modern public security applied sciences and providers, in the present day shared new company physique cam footage supplied by the LaGrange Police Department demonstrating a profitable final result from the deployment of the BolaWrap® Remote Restraint machine.
On September 16, 2022, officers of the LaGrange Police Department in Georgia responded to a name of a topic at a facility for a psychological well being analysis. The topic was refusing to be transported to one other facility. At this level the topic made statements to officers on-scene that he would combat them and the county once they arrived. As the topic took a number of steps towards one officer, one other officer deployed the BolaWrap to the topic’s higher thigh space, leading to a right away improved response from the topic. The topic was startled by the deployment, permitting officers to take the topic safely into custody. The topic was then transported to one other facility with out additional incident.
“The use of the BolaWrap resulted in our officers being able to take this subject into custody without injury enabling the officers to secure him quickly in handcuffs without escalation of force,” stated Lieutenant Eric Lohr of the LaGrange Police Department in Georgia.
Wrap Technologies (Nasdaq: WRAP) is a world chief in modern public security applied sciences and providers. Wrap develops inventive options to complicated points and empowers public security officers to defend and serve their communities by way of its portfolio of superior expertise and coaching options.
Wrap’s BolaWrap® Remote Restraint machine is a patented, hand-held pre-escalation and apprehension device that discharges a Kevlar® tether to briefly restrain uncooperative suspects and individuals in disaster from a distance. Through its many discipline makes use of and rising adoption by businesses throughout the globe, BolaWrap is proving to be an efficient device to assist legislation enforcement safely detain individuals with out damage or the necessity to use greater ranges of power.
Wrap Reality, the Company’s digital actuality coaching system, is a totally immersive coaching simulator and complete public security coaching platform offering first responders with the self-discipline and observe in strategies of de-escalation, battle decision, and use-of-force to higher carry out within the discipline.
Wrap’s headquarters are in Tempe, Arizona. For extra info, please go to wrap.com.
BolaWrap, Wrap and Wrap Reality are emblems of Wrap Technologies, Inc. All different commerce names used herein are both emblems or registered emblems of the respective holders.
Cautionary Note on Forward-Looking Statements – Safe Harbor Statement
This press launch accommodates “forward-looking statements” inside the that means of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995, together with however not restricted to: statements concerning the Company’s general business; whole addressable market; and, expectations concerning future gross sales and bills. Words resembling “expect,” “anticipate,” “should”, “believe”, “target”, “project”, “goals”, “estimate”, “potential”, “predict”, “may”, “will”, “could”, “intend”, and variations of those phrases or the adverse of those phrases and comparable expressions are supposed to determine these forward-looking statements. Moreover, forward-looking statements are topic to plenty of dangers and uncertainties, lots of which contain elements or circumstances which might be past the Company’s management. The Company’s precise outcomes might differ materially from these said or implied in forward-looking statements due to plenty of elements, together with however not restricted to: the Company’s capability to profitable implement coaching packages for using its merchandise; the Company’s capability to manufacture and produce product for its clients; the Company’s capability to develop gross sales for its new product answer; the acceptance of current and future merchandise; the supply of funding to proceed to finance operations; the complexity, expense and time related to gross sales to legislation enforcement and authorities entities; the prolonged analysis and gross sales cycle for the Company’s product answer; product defects; litigation dangers from alleged product-related accidents; dangers of presidency laws; the business influence of well being crises or outbreaks of illness, resembling epidemics or pandemics; the influence ensuing from geopolitical conflicts and any ensuing sanctions; the flexibility to acquire export licenses for counties exterior of the US; the flexibility to acquire patents and defend IP towards opponents; the influence of aggressive merchandise and options; and the Company’s capability to keep and improve its model, in addition to different threat elements talked about within the Company’s most up-to-date annual report on Form 10-Okay, quarterly report on Form 10-Q, and different SEC filings. These forward-looking statements are made as of the date of this press launch and have been based mostly on present expectations, estimates, forecasts, and projections in addition to the beliefs and assumptions of administration. Except as required by legislation, the Company undertakes no responsibility or obligation to replace any forward-looking statements contained on this launch on account of new info, future occasions or adjustments in its expectations.
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