Wrap Trains 17 New Agencies on the BolaWrap in the Month of May
LAS VEGAS, NV / ACCESSWIRE / May 30, 2019 / Wrap Technologies, Inc. (the "Company" or "Wrap") (NASDAQ: WRTC), an innovator of modern policing solutions, reported that in the month of May, the Wrap Training Department conducted training sessions for 17 new agencies located in New York, Texas, Florida, Ohio and Georgia.
Following the Company's recent hire of Rick Guilbault, VP of Training for Wrap Technologies, the company is expanding its training operations for law enforcement agencies across the United States.
"The demand for training is increasing exponentially as law enforcement agencies are becoming aware of the BolaWrap and its ability to resolve difficult situations quickly and reduce the use of force," said Rick Guilbault. "We are committed to supporting our law enforcement partners by expanding our cadre of trainers to meet their training needs."
Presently, there are over 60 agencies that have received training, and over 375 training officers from those agencies certified as BolaWrap 100 instructors qualified to train the rest of their departments.
Wrap has formed a Training Academy Advisory Board (the "Board") to provide guidance in keeping training programs effective and contemporary. Made up of several of the finest law enforcement trainers with diverse law enforcement experience, the Board helps ensure that Wrap training continues to meet the needs of law enforcement around the world.
Footage from the training sessions can be found on the Company's YouTube Channel.
About Wrap Technologies (NASDAQ:WRTC)
Wrap Technologies is an innovator of modern policing solutions. The Company's BolaWrap 100 product 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 Company's Chief Technology Officer, the small but powerful BolaWrap 100 assists law enforcement to safely and effectively control encounters, especially those involving an individual experiencing a mental crisis. 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.
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 successful implement training programs for the use of its products; 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
800-583-2652, Ext #515
IR@wraptechnologies.com
SOURCE: Wrap Technologies, Inc.
View source version on accesswire.com:
https://www.accesswire.com/547048/Wrap-Trains-17-New-Agencies-on-the-BolaWrap-in-the-Month-of-May
Released May 30, 2019