Wrap Technologies, Inc. (NASDAQ:
WRAP), a visionary leader in advanced public safety
solutions, today announced the adoption of BolaWrap 150® remote
restraint devices by the Cobb County Sheriff’s Office in Georgia.
This is the first deployment of BolaWrap in the Cobb County area
and is part of a nationwide push of innovative law enforcement
initiatives by forward-thinking public safety officials.
“The Cobb County Sheriff’s Office deployment of
BolaWrap represents a significant milestone in the adoption of
no-harm inspired public safety techniques in one of Georgia’s
largest metropolitan areas. Sheriff Owens is a pioneer in the
changing landscape of policing, continuously exploring and
developing community-centered approaches and utilizing the latest
technological advancements,” said Kevin Mullins, CEO of Wrap
Technologies. “We take pride in standing alongside one of the
foremost figures in modern policing and are delighted in Cobb
County’s commitment to BolaWrap’s promise of de-escalation and
decreased use of force.”
The Cobb County Sheriff’s Office completed its
training of BolaWrap in May and started deploying the revolutionary
law enforcement tool immediately. The third most populous county in
Georgia joins over 1000 agencies across the US and 60 countries
around the world who have adopted the company’s solution and
no-harm guiding principle. Wrap Technologies’ BolaWrap is a
proprietary technology that allows deputies to safely restrain
individuals without causing significant harm or escalating the
situation. By deploying a lightweight Kevlar® tether, BolaWrap can
rapidly and temporarily immobilize an individual’s legs or arms,
effectively allowing officers to move in while minimizing the
potential for injury to both law enforcement and the individual
involved.
“My team and I are committed to transforming
policing by embracing cutting-edge technology and prioritizing
de-escalation techniques,” said Cobb County Sheriff Craig Owens.
“BolaWrap is indispensable in our Adult Detention Center, allowing
for the swift and secure management of individuals who may not
initially comply with lawful orders. This innovative tool is
helping us reduce the use of force while also enhancing the safety
of our deputies, the detainees in our custody, and the greater Cobb
County community.”
“The adoption of BolaWrap by the Cobb County
Sheriff’s Office is a great step towards safer policing outcomes
and signifies a leap forward in community-first thinking. We
recognize just how vital and life-saving this technology can be for
those caught in police encounters and are excited more agencies
around the country are embracing this cutting-edge tool,” said
Reverend Markel Hutchins, Chairman, President & CEO of
MovementForward in Atlanta, Georgia. “With their commitment to
BolaWrap, Sheriff Owens and his team are making great strides in
Cobb County, contributing to a safer and more equitable society for
all as they approach policing with innovative and prudent
solutions.”
Wrap Technologies recognizes the Cobb County
Sheriff’s Office progressive outlook and their commitment to the
safety and well-being of both the police and the people they serve.
This new deployment emphasizes BolaWrap’s ability to transform law
enforcement protocol worldwide.
For more information about Wrap’s BolaWrap
Solution, please visit wrap.com.
About WrapWrap Technologies, Inc.
(Nasdaq: WRAP) is a leading global provider of advanced public
safety solutions, integrating state-of-the-art technology,
cutting-edge tools, and comprehensive services to address the
complex, modern day challenges facing public safety organizations
around the world. Guided by a no-harm principle, Wrap is dedicated
to developing groundbreaking solutions that empower public safety
agencies to safeguard the communities they serve in a manner that
fosters stronger relationships and delivers positive public safety
outcomes.
Wrap’s BolaWrap® solution encompasses an innovative
and patented hand-held remote restraint device, strategically
engineered with Wrap’s no-harm guiding principle to proactively
deter escalation by deploying a Kevlar® tether that safely
restrains individuals from a distance. Combined with BolaWrap®
training, certified by the esteemed International Association of
Directors of Law Enforcement Standards and Training (IADLEST), Wrap
enables officers from over 900 agencies across the US and 60
countries around the world, with the expertise to effectively use
BolaWrap® as an early intervention measure, mitigating potential
risks and injuries, averting tragic outcomes.
Wrap Reality™, the Company’s advanced virtual
reality training system, is a fully immersive training simulator
and comprehensive public safety training platform equips first
responders with the discipline and practice to prevent escalation,
de-escalate conflicts, and apply appropriate tactical use-of-force
measures to better perform in the field. By offering a growing
range of real-life scenarios, Wrap Reality™ addresses the dynamic
nature of modern law enforcement situations for positive public
safety outcomes.
Wrap’s Intrensic solution is a comprehensive,
secure and efficient body worn camera and evidence collection and
management solution designed with innovative technology to quickly
capture, safely handle, securely store, and seamlessly track
evidence, all while maintaining full transparency throughout the
process. With meticulous consolidation and professional management
of evidence, confidence in law enforcement and the justice system
soars, fostering trust and reliability in court outcomes.
Intrensic’s efficient system streamlines the entire process
seamlessly, empowering all public safety providers to focus on what
matters. Expediting justice with integrity.
Wrap’s headquarters are 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 StatementThis 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, expenses and break-even and
profitability expectations. 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 successfully 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, including the
acceptance of the BolaWrap 150; the risk that distributor and
customer orders for future deliveries are modified, rescheduled or
cancelled in the normal course of business; 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 impact resulting from geopolitical
conflicts and any resulting sanctions; the ability to obtain export
licenses for countries 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.
About the Cobb County Sheriff’s
OfficeThe Cobb County Sheriff’s Office is a law
enforcement agency that executes a broad range of services,
which include but are not limited to Jail Operations, Court
Security, Criminal Warrant Execution, Civil Process Service, Mental
Health Transports, Forgery/Fraud Investigation, and Fugitive
Investigation and Apprehension. Sheriff Craig Owens took over the
office on Jan. 1, 2021, and leads a staff of more than 800 deputies
and civilians. Under his leadership, the Sheriff’s Office has the
most diverse command staff in its nearly 200-year history and is on
the path to becoming the best law enforcement agency in the state
of Georgia. To learn more about the Cobb County Sheriff’s Office,
visit https://www.cobbsheriff.org/. Follow us
on Twitter, Facebook, and Instagram. Download
the free Cobb County Sheriff’s Office App on your iPhone or
Android!
Investor Relations
Contact:800.583.2652ir@wrap.com
Media Relations Contact:Leigh Anne
Arnold5W Public Relationswrap@5wpr.com
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