Nine More Departments Complete Wrap Training Program
Philadelphia PD one of nine additional departments to complete Wrap's 'Train the Trainer' program
LAS VEGAS, NV / ACCESSWIRE / March 25, 2019 / Wrap Technologies, Inc. (the "Company") (NASDAQ: WRTC), an innovator of modern policing solutions, today reported that trainers from the Philadelphia Police Department and eight other departments across the country have completed 'Train the Trainer' sessions since the Company's last report released mid-February.
52 police departments across the U.S. have now received training; 202 of their trainers are now certified BolaWrap 100 instructors and can train other officers.
Philadelphia Police Department is the nation's fourth largest police department with 6,300 sworn members, and initially plans to train and equip more than 50 officers with the BolaWrap.
"We are continuing to see positive responses from our training sessions and excitement about deploying the BolaWrap in the field," said Lee Leatherman, Director of Training at Wrap Technologies.
Wrap Technologies' recent hire, Rick Guilbault, founder of TASER International's Training Academy, has assembled a team of 5 experienced and well-known trainers from different regions across the U.S. to form the Wrap Training Academy Advisory Board.
"The Wrap Training Academy Advisory Board will provide guidance in creating and maintaining a world class training program for Wrap Technologies. We are excited to be working with some of the top law enforcement trainers in the country, and we are honored that they have agreed to share their diverse knowledge and experience to keep Wrap Technologies on the cutting edge of law enforcement training," said Mr. Guilbault, VP of Training at Wrap Technologies.
Additionally, Mr. Guilbault has instituted a strategic development in the Company's goal to streamline the BolaWrap's sales cycle. Master Trainers from the Company, in addition to Company executives, will now be attending demonstrations of the BolaWrap at police departments across the country in order to facilitate conversation with line level trainers during the demonstrations themselves.
About Wrap Technologies (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 registered 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," "plan," "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.
Released March 25, 2019