The Edenton Police Department is hosting demonstrations of the Wrap Reality virtual training platform for its neighboring law enforcement agencies

TEMPE, Ariz., Jan. 13, 2022 (GLOBE NEWSWIRE) — Wrap Technologies, Inc. (Nasdaq: WRAP) (the “Company”), a global leader in innovative public safety technologies and services, today announced that the Edenton Police Department in North Carolina has engaged surrounding departments for live demonstrations of Wrap Reality, WRAP’s virtual reality training platform.

The initial purchase and installation of the Wrap Reality system in Edenton took place in early November 2021. Since its installation, the Edenton Police Department has hosted 10 local departments to test the virtual reality system.

Adoption of the Wrap Reality platform follows the department’s takeover of BolaWrap® Remote Restraint Technology in July 2020. After receiving a grant from the North Carolina Governors Crime Commission, the Edenton Police Department can now transition to full deployment pending delivery of the next generation device, the BolaWrap 150 , which was manufactured in December 2021 .

“Wrap Reality provides transparency and allows agents to see their mistakes and adapt accordingly. In the area of ​​law enforcement, we have seen and experienced so many tragedies in our country, when it comes to the use of force. So upgrading to the BolaWrap 150 is, once again, an extra tool in our belts to keep our citizens and officers safe. This is in addition to the Wrap Reality training platform, which helps correct errors in a training setting instead of having a critical incident in the real world,” said Henry King, Chief of the Police Department of ‘Edenton.

About WRAP

WRAP Technologies (Nasdaq: WRAP) is a global leader in innovative public safety technologies and services. WRAP develops creative solutions to complex problems and empowers public safety officials to protect and serve their communities through its portfolio of advanced technologies and training solutions.

BolaWrap by WRAP® The Remote Restraint is a patented handheld pre-climbing and apprehension tool that unloads a Kevlar® tethered to temporarily hold uncooperative suspects and people in crisis at bay. With its many uses in the field and growing adoption by agencies around the world, BolaWrap is proving to be an effective tool in helping law enforcement detain people safely without injury or reliance on levels. of higher strength.

Wrap Reality, the company’s virtual reality training system, is a fully immersive training simulator and comprehensive public safety training platform providing first responders with discipline and practice in methods of de-escalation, conflicts and use of force to perform better in the field.

WRAP’s headquarters are in Tempe, Arizona. For more information, please visit wrap.com.

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Brand Information
BolaWrap, Wrap and Wrap Reality are trademarks of Wrap Technologies, Inc. All other trade names used herein are trademarks or registered trademarks of their respective holders.

Caution About 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 overall business of the Society ; total addressable market; and, expectations regarding future sales and expenditures. Words such as “expect”, “anticipate”, “should”, “believe”, “target”, “project”, “goals”, “estimate”, “potential”, “predict”, “may” , “will”, “could”, “intend” and variations of these terms or the negative form of these terms and similar expressions are intended to identify such forward-looking statements. In addition, forward-looking statements are subject to a number of risks and uncertainties, many of which involve factors or circumstances beyond the Company’s control. The Company’s actual results could differ materially from those indicated or implied by the forward-looking statements due to a number of factors, including, but not limited to: the Company’s ability to implement with success of training programs for the use of its products; the Company’s ability to manufacture and produce products for its customers; the Company’s ability to develop sales of its new product solution; receipt of existing and future products, including receipt of the BolaWrap 150; the risk that distributors’ and customers’ orders for future deliveries may be modified, rescheduled or canceled in the normal course of business; the availability of funds to continue financing operations; the complexity, expense and time associated with sales to law enforcement and government entities; the long evaluation and sales cycle of the Company’s product solution; product defects; the risks of litigation related to alleged damages related to the products; government regulatory risks; the business impact of health crises or epidemics, such as epidemics or pandemics; the possibility of obtaining export licenses for countries other than the United States; the ability to obtain patents and defend intellectual property against competitors; the impact of competing products and solutions; and the company’s ability to maintain and improve its brand, as well as other risk factors mentioned in the company’s most recent annual report on Form 10-K, its quarterly report on Form 10-Q and other documents filed with the SEC. These forward-looking statements are made as of the date of this press release and are based on current expectations, estimates, forecasts and projections as well as management’s beliefs and assumptions. Except as required by law, the Company assumes 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.

Contact:
Paul M. Manley
Vice President – Investor Relations
(612) 834-1804
[email protected]

Media Contact: [email protected]

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