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WRAP Demonstrates the BolaWrap® for Miami Police Department, City Commissioners, and Mayor

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On June 11, 2021, Wrap Technologies, Inc. (WRAP) demonstrated its BolaWrap technology to the Miami Police Department, showcasing its non-lethal capabilities for apprehending suspects. Miami Mayor Francis Suarez experienced the BolaWrap firsthand during a demonstration at City Hall, emphasizing the importance of humane policing tactics. Chief Art Acevedo highlighted that the BolaWrap is not a weapon, but a tool designed to subdue without causing harm. WRAP's BolaWrap is currently in use across over 500 U.S. agencies and 44 countries, signaling significant adoption in public safety solutions.

Positive
  • BolaWrap demonstrated to Miami officials, enhancing visibility and credibility.
  • Support from Miami officials indicating a commitment to innovative and humane policing solutions.
  • Product already being tested by over 500 U.S. agencies and 44 countries, showcasing strong market demand.
Negative
  • None.

MIAMI, June 11, 2021 (GLOBE NEWSWIRE) -- Wrap Technologies, Inc. (the "Company" or "WRAP") (Nasdaq: WRAP), a global leader in innovative public safety technologies and services, conducted a demonstration of the BolaWrap for the Miami Police Department followed by a second demonstration at Miami’s City Hall for the City Commissioners, Miami Mayor Francis Suarez and local media.

At the City Hall demonstration, Mayor Suarez experienced the BolaWrap technology for himself when WRAP Master Instructors deployed the device at the Mayor, successfully double-wrapping his legs.

“We want to be able to apprehend people and bring them to justice, and we want to do it in the most humane manner possible so that one ounce of unnecessary force isn’t used,” said Mayor Suarez.

Footage of Mayor Suarez being wrapped can be viewed here.

“Our commissioners and our Mayor want us to be a forward-thinking organization. This is another option that can help us bring the person into custody, and quite frankly, it’s not even a use of force. It’s not a less-lethal weapon because it’s not a weapon. It’s really an apprehension tool that helps us subdue someone without using force and without injury,” said Art Acevedo, Miami Chief of Police.

Mayor Suarez thanked Chief Acevedo for “thinking outside the box and finding different ways to be as effective as a police force without creating life and death situations.”

Miami City Commissioner Ken Russell also thanked Chief Acevedo, saying, “We recognize the need to invest in our police. Not only in training and oversight but now non-lethal solutions for restraint. This is a big step, and I really want to thank our new police chief for taking proactive measures to make sure our residents are safe and our police have great options.”

Local media and social media highlights from the BolaWrap demonstration can be viewed below:

CBS 4 Miami
7 News Miami
Local 10 Miami
Univision
Telemundo
Americateve
Yahoo News

Twitter – Mayor Francis Suarez
Twitter – Chief Art Acevedo
Instagram – Mayor Francis Suarez

The BolaWrap is being tested and used in more than 500 U.S. agencies as well as 44 countries.

“We look forward to working with officials to help bring the BolaWrap to Miami to provide a safer solution for officers and the communities they protect,” said Tom Smith, WRAP President & CEO.

Bodycam videos of the BolaWrap in use can be viewed here.

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.

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 Wrap Technologies, Inc. known for?

Wrap Technologies, Inc. (WRAP) specializes in innovative public safety technologies, notably the BolaWrap device.

When did the BolaWrap demonstration take place in Miami?

The BolaWrap demonstration occurred on June 11, 2021.

Who experienced the BolaWrap during the demonstration?

Miami Mayor Francis Suarez experienced the BolaWrap firsthand during the demonstration.

How many law enforcement agencies are using the BolaWrap?

The BolaWrap is being used in over 500 U.S. law enforcement agencies.

What feedback did Miami officials provide about the BolaWrap?

Miami officials expressed support for the BolaWrap as a non-lethal solution that enhances public safety.

Wrap Technologies, Inc.

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Scientific & Technical Instruments
Ordnance & Accessories, (no Vehicles/guided Missiles)
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United States of America
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