Demonstration and Press Conference Focused on Using BolaWrap in Crisis Intervention
LAS VEGAS, NV / ACCESSWIRE / October 12, 2018 / Wrap Technologies, Inc. (the "Company") (OTCQB: WRTC), an innovator of modern policing solutions, today reported results of a demonstration of the BolaWrap 100 law enforcement restraint solution hosted by Brooklyn Borough President Eric L. Adams. The demonstration was held Thursday at a Borough Hall Courtroom. BP Adams, a retired captain of the NYPD, focused his remarks on the challenges of responding to emotionally disturbed person (EDP) incidents and the use of BolaWrap 100 restraint early in the use of force continuum.
A copy of the press release on the event issued by BP Adams titled "BP Adams Demonstrates BolaWrap, Innovative Policing Device To Humanely Subdue Emotionally Disturbed Individuals, And Urges NYPD To Pilot The Technology" can be accessed by clicking on the press release title. A full video on the event produced by BP Adams office is also available (Video Link).
The demonstration and press conference were preceded by a product introduction and demonstration held Wednesday for leaders of NYPD. According to NYPD numbers released last year, the department responds to nearly 150,000 emergency calls every year for service involving a person in mental crisis. The hand-held BolaWrap 100 was developed to fill a gap with respect to engaging with noncompliant subjects in a non-lethal and non-painful manner where higher level of force may not be warranted.
"BP Adams has a unique perspective on EDP incidents as a result of his police experience and now his representation of the Brooklyn community," said David Norris, President of Wrap Technologies. "He clearly and forcibly articulated the needs and benefits of early pain-free engagement of persons in mental crisis. We look forward to working with BP Adams and NYPD to explore the use of BolaWrap 100 in NYC to address crisis intervention incidents."
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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 small but powerful BolaWrap assists law enforcement to safely and effectively control encounters, especially those in mental crisis.
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.
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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 develop and 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:
800-583-2652, Ext #515
SOURCE: Wrap Technologies, Inc.