WRAP WRAP TECHNOLOGIES INC

Wrap Shares New Body Cam Footage Demonstrating Successful Deployment of BolaWrap

Wrap Shares New Body Cam Footage Demonstrating Successful Deployment of BolaWrap

TEMPE, Ariz., June 28, 2022 (GLOBE NEWSWIRE) -- Wrap Technologies, Inc. (Nasdaq: WRAP) (the “Company”), a global leader in innovative public safety technologies and services, today shared new agency body cam footage demonstrating another successful outcome from the deployment of the BolaWrap® Remote Restraint device.

On June 3, 2022, two officers of the Northern York County Regional Police Department in Pennsylvania responded to a domestic dispute. When the officers arrived on-scene, the subject responded with hostility and attempted to initiate a physical altercation. After various threats and erratic behavior from the subject and multiple requests by the officers for compliance, the officers were able to coordinate a plan to use the BolaWrap to restrain the subject.

The BolaWrap was deployed to the subject’s arms and immediately redirected the subject’s attention and de-escalated the situation. The officers were able to swiftly contain the subject with handcuffs without the need for other tools or higher levels of physical force. The subject was safely taken into custody and transported to a nearby hospital for a mental health evaluation.

“The BolaWrap once again proved to our officers that it is an effective way to de-escalate volatile situations,” said Chief David Lash of the Northern York County Regional Police Department. “In this instance we had a man in crisis who was attempting to engage officers in a fight. The officers on-scene were quickly able to deploy the BolaWrap and take the subject into custody without the use of any force. In fact, the male asks the officers ‘Did you think they hurt? They didn’t hurt.’ Neither the male nor the officers sustained any injuries, and we were able to get the man the help he needed. There is not another tool or weapon that we carry that would have allowed this situation to play out the way it did. The device worked exactly as intended.”

“Northern York Police Department has truly exemplified proper training and field use of the BolaWrap and their dedication to force avoidance,” said Wrap CEO, TJ Kennedy. “We celebrate another successful BolaWrap deployment that ends with everyone safe, and the situation resolved.”

The body cam footage can be viewed . Previous body cam footage of BolaWrap deployments provided by the Northern York Police Department and other agencies can be viewed .

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 .



Connect with Wrap:

Wrap on Wrap on

Wrap on



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 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 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 counties 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





Media Contact:



EN
28/06/2022

Underlying

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on WRAP TECHNOLOGIES INC

 PRESS RELEASE

Wrap Technologies Announces Appointment of Gerald “Jerry” Ratigan as C...

Wrap Technologies Announces Appointment of Gerald “Jerry” Ratigan as Chief Financial Officer New Leadership Team Brings Big Four Discipline, International Reach, and Public Company Rigor to Promote Wrap’s Financial and Operational Performance MIAMI, June 24, 2025 (GLOBE NEWSWIRE) -- Wrap Technologies, Inc. (NASDAQ: WRAP) (“Wrap” or, the “Company”), a global pioneer in innovative public safety technologies and services, today announced the appointment of Gerald “Jerry” Ratigan, seasoned finance executive, as the Company’s new Chief Financial Officer. Mr. Ratigan brings over 20 years of ...

 PRESS RELEASE

Chairman and CEO Stockholder Letter: Unanimous Supreme Court Ruling Bu...

Chairman and CEO Stockholder Letter: Unanimous Supreme Court Ruling Builds the Case for Pre-Escalation and Widespread BolaWrap Adoption Barnes v. Felix expands window of liability to include the totality of circumstances—renewing focus on officer’s actions during the pre-escalation period. MIAMI, June 02, 2025 (GLOBE NEWSWIRE) -- Wrap Technologies, Inc, (NASDAQ: WRAP) (“Wrap” or, the “Company”), a global leader in innovative public safety technologies and non-lethal tools, today issues a letter to stockholders from Founder and CEO, Scot Cohen. Chairman and CEO Letter to Stockholders...

 PRESS RELEASE

Wrap Technologies, Inc. Reports First Quarter 2025 Results

Wrap Technologies, Inc. Reports First Quarter 2025 Results MIAMI, May 15, 2025 (GLOBE NEWSWIRE) -- Wrap Technologies, Inc, (NASDAQ: WRAP) (“Wrap” or, the “Company”), a global leader in innovative public safety technologies and non-lethal tools, today announced financial and operating results for the first quarter ended March 31, 2025. Q1 2025 Financial Results: Cash increased to $6.2 million, up from $3.6 million in Q1 2024Margins increased over 21 points from 56.6% in Q1 2024 to 77.8% in Q1 2025, with cost of revenue decreasing 73.4%, from $640 thousand to $170 thousand, respectively.O...

 PRESS RELEASE

Wrap Technologies, Inc. Plans to Hold a Conference Call to Discuss Fir...

Wrap Technologies, Inc. Plans to Hold a Conference Call to Discuss First Quarter 2025 Financial Results on Friday, May 16, 2025 at 9:15 a.m. ET MIAMI, May 13, 2025 (GLOBE NEWSWIRE) -- Wrap Technologies, Inc, (NASDAQ: WRAP) (“Wrap” or, the “Company”), a global leader in innovative public safety technologies and non-lethal tools, today announces it plans to hold a conference call on Friday, May 16, 2025, at 9:15 a.m. Eastern Time (6:15 a.m. Pacific Time) to discuss its financial and operational results for the three months ended March 31, 2025. The financial and operational results are exp...

 PRESS RELEASE

Wrap Technologies, Inc. Reports Fourth Quarter and Full Year 2024 Resu...

Wrap Technologies, Inc. Reports Fourth Quarter and Full Year 2024 Results Wrap Technologies’ Strategic Reset and Outlook MIAMI, March 31, 2025 (GLOBE NEWSWIRE) -- Wrap Technologies, Inc, (NASDAQ: WRAP) (“Wrap” or, the “Company”), a global leader in innovative public safety technologies and non-lethal tools, today announced financial and operating results for the fourth quarter and full year ended December 31, 2024. Q4 2024 Financial Results: Revenue increased 47%, from $0.6 million in 2023 to $0.9 million in 2024.Gross Profit improved by $0.7 million, rising from $(0.3) million in 202...

ResearchPool Subscriptions

Get the most out of your insights

Get in touch