FOR IMMEDIATE RELEASE
Wrap Technologies Promotes Michael Rothans to Chief Operating
Officer
Rothans
to Lead Sales and Training Teams to Enable Rapid
Growth
LAS VEGAS, Nevada, November 13, 2018 – Wrap
Technologies, Inc. (the “Company”) (OTCQB: WRTC), an
innovator of modern policing solutions, has promoted Michael
Rothans, the Company’s Senior Vice President of Business
Development since September 2017, to the position of Chief
Operating Officer. In his new role, Rothans will lead sales,
training and technical support teams, a critical role as the
Company prepares to expand its sales efforts with respect to its
new BolaWrap 100 non-lethal remote restraint solution to law
enforcement agencies in the United States and certain other key
countries.
Rothans is a proven law enforcement executive with deep knowledge
and experience in police engagements. He retired in 2015 as a thirty-one year,
highly-decorated veteran of the Los Angeles County Sheriff’s
Department (“LASD”). His last position with the LASD was as
Assistant Sheriff overseeing the department’s patrol
operations. As Assistant Sheriff, he was responsible for a nearly
one-billion-dollar budget and supervised over 6,000 sworn and
civilian personnel. In addition, he served the important role of
Chair of the Executive Force Review Committee for the LASD, during
which time he was responsible for reviewing all officer involved
shootings and significant uses of force for the department and
determined if those force incidents met LASD
standards.
“Mike
brings invaluable knowledge about real world encounters between the
police and the public to his new position,” said David
Norris, the Company’s President. “Since joining the
Company in late 2017, Mike has been instrumental in our business
development, leading the introduction of our new early restraint
product to key law enforcement agencies across the United States.
He has been a credible Company spokesperson, and we are thrilled to
have his talent and proven leadership managing and advancing our
growth.”
“It
is a rare opportunity to work with a Company that can positively
impact a national social issue, such as police encounters with
individuals suffering from a mental health crisis,” said
Rothans. “It is a privilege to be part of a solution to a
problem that has plagued law enforcement for many years –
reducing the level of force used to subdue people in crisis while
addressing the negative social perception of police force, and
mitigating the cost of these encounters to law enforcement
agencies, local communities, and ultimately the taxpaying public. I
am proud to be part of this organization and to have this
opportunity to apply my knowledge and experience in my new role
while focusing on driving expanded growth in
2019.”
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Michael Rothans
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About Wrap Technologies (OTCQB: 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