WRAP WRAP TECHNOLOGIES INC

New Body Cam Footage Presents Successful Use of BolaWrap in Oregon

New Body Cam Footage Presents Successful Use of BolaWrap in Oregon

TEMPE, Ariz., July 29, 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 a BolaWrap remote restraint device with a noncompliant subject during a rainstorm.

On the night of January 3, 2022, officers of the Columbia County Sheriff’s Office in Oregon responded to a report of a subject acting erratically on a busy road, throwing objects at passing cars, and blocking traffic. The report came in addition to earlier reports of the subject’s behavior at various public locations throughout the day. Previous reports indicated the subject was possibly armed with a knife, as the subject had reportedly threatened bystanders with a knife in an earlier incident. The responding officers were also familiar with the subject from other previous encounters and were aware of the subject’s consistent confrontational and resistant behavior.

Once on-scene, officers attempted to discuss the situation with the subject and determine whether the subject was armed with a knife. The subject refused to comply with officer commands, denied possession of any weapons, and began to walk away from the responding officers and toward the entrance of a parking lot. Officers pursued the subject in their vehicles and coordinated the use of the BolaWrap to detain the subject.

After parking and exiting the vehicle, an officer attempted to gain the subject’s compliance through verbal commands before illuminating the subject with the laser of the BolaWrap. The subject refused to comply with officer commands and the BolaWrap was deployed to the subject’s legs.

The subject was startled and distracted by the deployment, allowing officers to take the subject into physical custody. Officers were able to secure the subject in handcuffs safely before transporting him for medical care.

“With the use of the BolaWrap, our Deputies were able to de-escalate the situation and take the fleeing subject into custody with no injuries to staff and only minor injuries to the subject,” said Sheriff Brian Pixley of the Columbia County Sheriff’s Office. “The BolaWrap is an extremely useful non-lethal tool that allows our Deputies to perform their jobs safer and more effectively.”

“I’m proud of yet another accomplishment by our law enforcement partners where the situation can end with everyone going home safely,” said Wrap CEO, TJ Kennedy. “The trained Deputies of the Columbia County Sheriff’s Office were able to take a volatile and chaotic situation and de-escalate the situation by using the BolaWrap. Each time we see another successful field use, we are encouraged by the real-world evidence that supports our mission to help save lives and careers.”

The body cam footage can be viewed Previous body cam footage of BolaWrap deployments 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
29/07/2022

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

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...

 PRESS RELEASE

WRAP Bolsters Leadership with Top 1MDB Investigators and FBI Veteran R...

WRAP Bolsters Leadership with Top 1MDB Investigators and FBI Veteran Rob Heuchling to Drive Technology Commercialization for Transnational Crime Solutions WRAP Expands Capabilities: Leveraging Investigative Expertise in Financial Crimes, Crypto and Cybersecurity to Commercialize Managed Services Offering MIAMI, March 27, 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 the appointment of Robert Heuchling as Managing Director of the Company, bringing ...

ResearchPool Subscriptions

Get the most out of your insights

Get in touch