WRAP Releases New Bodycam Footage in Maryland of Successful Use of BolaWrap®

Nine New BolaWrap Deployments in Eight States Reported to the Company in March and April Thus Far

TEMPE, Ariz., April 15, 2021 (GLOBE NEWSWIRE) -- Wrap Technologies, Inc. (the "Company" or "WRAP") (Nasdaq: WRAP), a global leader in innovative public safety technologies and services, released new bodycam footage of a successful BolaWrap deployment.

On Wednesday, December 14, 2020, Fruitland Police Department in Maryland responded to a male subject in crisis. Fruitland PD had responded to this subject several times, knowing that he suffers from frequent seizures that cause him to become violent with family members and first responders.

The subject was ignoring directions from police and his family members. Corporal Mills, the officer on scene, advised the subject’s family that he intended to use the BolaWrap and explained how it worked. The officer successfully deployed the BolaWrap, restraining the subject, who was subsequently handcuffed without additional force and was safely transported by EMS for treatment.

Bodycam footage can be viewed here.

“Our officers did a great job of preventing the situation from escalating by safely restraining the subject quickly,” said Chief Swafford of Fruitland Police Department. “Corporal Mills explained the BolaWrap well. It was effective and safe, and the subject’s family was extremely grateful.”

So far in March and April 2021, the Company has been informed of nine new BolaWrap deployments on subjects by agencies in California, Missouri, Colorado, Pennsylvania, Wisconsin, Ohio, South Carolina, and Maryland.

“We are pleased to see the continued usage of the BolaWrap,” said Tom Smith, President and CEO of WRAP. “As previously stated, many BolaWrap deployments are not known or reported to the Company, as agencies consider its application a very low use of force. It is rewarding for us to be able to see the bodycam footage of our remote restraint solution in action, preventing escalation and generating a safe outcome for all involved.”

In March, the Mountain View Police Department in California announced a successful deployment of the BolaWrap in the field.

"I am extremely proud of the way our officers responded and handled this situation," said Lt. Wahed Magee of the Mountain View Police Department. "The officers did their best to verbally de-escalate the situation and subsequently used the BolaWrap to apprehend the suspect in a way that minimized the use of force."

The Company also recently released footage from a successful BolaWrap deployment in Glenwood Springs, Colorado, which can be viewed here.

To watch more bodycam footage of the BolaWrap in use, please visit: https://wrap.com/bodycam

About WRAP
WRAP Technologies (Nasdaq: WRAP) is a global leader in innovating public safety technologies and services that deliver advanced solutions focused on avoiding escalation. The BolaWrap® Remote Restraint device, WRAP's first product, is a patented, hand-held device that discharges a Kevlar® tether to temporarily restrain from a safe distance. Through many field uses and growing adoption by agencies worldwide, BolaWrap is proving to be an effective tool to safely detain persons without injury. WRAP Reality, the Company's virtual reality training system, is an immersive training simulator and comprehensive public safety training platform designed to empower first responders with the necessary knowledge to perform in the field. WRAP's headquarters are located in Tempe, Arizona. For more information, please visit wrap.com.

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Trademark Information
BolaWrap, Wrap and Wrap Reality are trademarks 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", and variations of these terms or the negative of these terms and similar expressions are intended to identify these forward-looking statements. Moreover, 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 business impact of health crises or outbreaks of disease, such as epidemics or pandemics; the ability to obtain export licenses for counties outside of the US; 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 mentioned in the Company's most recent annual report on Form 10-K, 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.

Contact:

Paul M. Manley
VP – Investor Relations
(612) 834-1804
pmanley@wrap.com 

Released April 15, 2021