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Genova, Italy Police Department Deployment of WRAP’s BolaWrap® Announced

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Wrap Technologies (Nasdaq: WRAP) has initiated a field trial of its BolaWrap device in Genova, Italy, which is the first Italian police agency to adopt this technology. The demonstration occurred on September 6, 2021, attended by key officials and aimed at evaluating the device's efficacy in real-world scenarios. The BolaWrap provides a non-lethal means for law enforcement to restrain individuals safely, positioning itself as an innovative tool in public safety. WRAP expects rapid adoption and increased international interest in their technology.

Positive
  • Field trial of BolaWrap initiated in Genova, Italy, indicating a new international market.
  • First Italian police agency to deploy BolaWrap, enhancing brand presence and international partnership opportunities.
  • Positive feedback from law enforcement officials regarding the device's safety and effectiveness.
Negative
  • None.

TEMPE, Ariz., Sept. 09, 2021 (GLOBE NEWSWIRE) -- Wrap Technologies, Inc. (the “Company” or “WRAP”) (Nasdaq: WRAP), a global leader in innovative public safety technologies and services, today announced Genova, Italy is launching a field trial of the BolaWrap. This announcement follows the Company’s June demonstrations in Italy through its established distributor Defconservices, as was previously announced here.

Genova is Italy’s sixth largest city with a population of 560,000. Its Police Department is the first Italian agency to start to deploy BolaWrap devices in the field.

The police department in Genova held an event on 6th September 2021 demonstrating the BolaWrap that can be viewed here. The event was attended by senior officials from an array of Italian agencies along with local and national media. Gianluca Viale - Genova City Municipal Councillor for Safety, and Gianluca Giurato - Genova Chief of Police, stated:
 
"The objective of starting the in-field tests is for the ultimate adoption of this new tool, already in use in the United States. The purpose of this operational period is to understand if it works here and if it serves the needs of proportional intervention." (Giorgio Viale, Municipal Councillor for Safety)

The Commander of the Local Police of Genova; Gianluca Giurato underlined, "It is not a weapon, but an extra resource for our security operators. It is quite clear that our agents facing complex scenarios would benefit from more suitable tools for protection, whether it be their own or others. This new technology is an original system with a very low risk of injury and will help us remotely restrain potentially dangerous subjects safely."

“Our international distributors continue to demonstrate their excellent ability to drive awareness and adoption of the BolaWrap device," said Jags Gill, WRAP VP of International Sales. “Our distributors cover more than 40 countries and are working tirelessly with the relevant authorities to classify, demonstrate, and place BolaWraps with leading law enforcement and military officials who can most benefit.

“Danila Maffei of distributor Defconservices led this test and evaluation effort in Genova. We look forward to rapid adoption of the BolaWrap throughout Italy and rapid global success.”

Media coverage of the event included:

https://youtu.be/79r45vrunUE

https://www.mediasetplay.mediaset.it/video/studioaperto/ecco-il-bolawrap-il-taser-gentile_F310639101498C05

https://www.armietiro.it/la-polizia-locale-di-genova-da-il-via-alla-sperimentazione-del-bola-wrap

https://www.tgcom24.mediaset.it/2021/video/a-genova-si-sperimenta-il-taser-gentile-_37772652-02k.shtml

https://www.genova24.it/2021/09/gli-agenti-della-polizia-locale-di-genova-come-gauchos-ecco-il-laccio-2-0-per-acciuffare-i-malviventi-274420/

https://smart.comune.genova.it/comunicati-stampa-articoli/sicurezza-la-polizia-locale-di-genova-primo-comando-italia-valutare-l

https://it.euronews.com/2021/09/06/polizia-locale-genova-sperimenta-laccio-blocca-persone

https://www.espansionetv.it/2021/09/06/polizia-locale-genova-sperimenta-laccio-blocca-persone/

https://www.rainews.it/tgr/liguria/articoli/2021/09/lig-bolawrap-il-taser-gentile-bd712af2-2c87-4484-92d0-e596629a4bf1.html

https://genova.repubblica.it/cronaca/2021/09/06/news/genova_sperimenta_il_bolawrap_il_lazo_anti_malviventi-316697141/

http://www.ansa.it/pressrelease/liguria/2021/09/06/sicurezza-la-polizia-locale-di-genova-primo-comando-in-italia-a-valutare-lutilizzo-del-bolawrap-i_b9fca753-67eb-4d2b-b60c-e434ec54bb94.html

https://video.ilsecoloxix.it/genova/come-funziona-il-bolawrap-il-nuovo-strumento-in-dotazione-alla-polizia-locale-di-genova/82364/82575

https://liguria.today/2021/09/06/la-polizia-locale-di-genova-prova-il-bolawrap-lo-strumento-blocca-persone/

https://telenord.it/genova-ecco-il-bolawrap-per-la-polizia-locale-il-laccio-immobilizza-persone

https://www.lastampa.it/cronaca/2021/09/06/news/la-polizia-locale-di-genova-sperimentera-il-bolawrap-alternativa-non-lethal-al-taser-1.40673215

https://liguriaoggi.it/2021/09/05/bolawrap-la-polizia-locale-di-genova-sperimenta-levoluzione-dellarma-dei-gauchos-argentini/

https://www.genovatoday.it/cronaca/polizia-locale-bolawrap.html

https://genovaquotidiana.com/2021/09/05/tursi-valuta-di-dotare-la-polizia-locale-di-bolawrap/


About WRAP
WRAP Technologies (Nasdaq: WRAP) is a global leader in innovative public safety technologies and services. WRAP develops creative solutions to complex issues and empowers public safety officials to protect and serve their communities through its portfolio of advanced technology and training solutions. 

WRAP’s BolaWrap® Remote Restraint device is a patented, hand-held pre-escalation and apprehension tool that discharges a Kevlar® tether to temporarily restrain uncooperative suspects and persons in crisis from a distance. Through its many field uses and growing adoption by agencies across the globe, BolaWrap is proving to be an effective tool to help law enforcement safely detain persons without injury or the need to use higher levels of force.

WRAP Reality, the Company’s virtual reality training system, is a fully immersive training simulator and comprehensive public safety training platform providing first responders with the discipline and practice in methods of de-escalation, conflict resolution, and use-of-force to better perform in the field.

WRAP’s headquarters are in Tempe, Arizona. For more information, please visit wrap.com.

Follow WRAP here:
WRAP on Facebook: https://www.facebook.com/wraptechnologies/
WRAP on Twitter: https://twitter.com/wraptechinc
WRAP on LinkedIn: https://www.linkedin.com/company/wraptechnologies/

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 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; 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 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.

Contact:

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

Media Contact: media@wrap.com


FAQ

What is the purpose of the field trial of BolaWrap in Genova, Italy?

The trial aims to evaluate the BolaWrap's effectiveness and suitability for law enforcement use in real scenarios.

Who is leading the BolaWrap trial in Italy?

The trial is led by Defconservices, WRAP's established distributor in Italy.

When was the BolaWrap device demonstrated in Genova?

The BolaWrap was demonstrated on September 6, 2021.

What are the key benefits of the BolaWrap technology?

BolaWrap provides a non-lethal means to safely restrain individuals, reducing injury risks during interventions.

Which police department in Italy is using BolaWrap?

The Police Department of Genova is the first in Italy to deploy the BolaWrap device.

Wrap Technologies, Inc.

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