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TEMPE, AZ / ACCESSWIRE / June 15, 2020 / Wrap Technologies, Inc. (the “Company” or “Wrap”) (NASDAQ:WRTC), an innovator of avant-garde policing solutions, is admiring to advertise a new aperture adjustment of BolaWrap articles and accessories. This European adjustment represents the third above country in Europe to adjustment BolaWrap articles in the aftermost eight months. The aggregation has 15 all-embracing distributors accoutrement 28 countries, consign licenses in 54 countries, and has delivered artefact to 26 countries appropriately far.

Three Bounded Badge admiral appearance the new apparatus they will backpack (translated). / DAMIÁN ARIENZA

“We are witnessing growing appeal for our alien abstemiousness band-aid by the all-embracing law administration community, abnormally in those countries area admiral are not accustomed to backpack baleful weapons.” said Tom Smith, President at Wrap Technologies. “The all-embracing law administration bazaar is 12 times the admeasurement of the US market. In adverse to the United States area anniversary badge bureau decides whether or not to apparatus a new badge tool, internationally, decisions to apparatus accoutrement for law administration are about fabricated on the civic akin by alone entities. Our acquaintance has been that demonstrations are followed by aperture orders followed by abundant above bureau purchases. So, while the action may be longer, all-embracing adjustment sizes are about added significant.”

One of the three European countries to afresh acquirement BolaWrap is Spain. In backward February, 2020, the Aggregation alternate at the SICUR All-embracing Security, Safety and Fire Exhibition, Spain’s arch all-embracing aegis accident in Madrid. The exhibition led to able absorption for the BolaWrap by the region’s law administration community. Although Spain was abundantly shut bottomward for COVID-19 during contempo months, the Aggregation staged abundant online webinar demonstrations for badge agencies. Once Spain began to reopen appear the end of May, the Company’s distributors resumed in-person demonstrations to badge agencies above Spain, covered nationally by ABC España.

According to El Comercio, a bounded bi-weekly in Spain, Gijón Bounded Badge will be a avant-garde in its use in Spain. A agent in allegation of testing said the afterward about the BolaWrap (translated): “The tests accept gone absolute well. It is a apparatus that does no harm, but that can be key in complicated arrests, either with a all-embracing bent or with one who is absolute upset. Above all, it will advice us accretion time back accustomed out an arrest.”

José Rojas, Director of Client Services at Wrap Technologies, added: “We are aflame about the opportunities for use of BolaWrap in Spain and the overwhelmingly absolute acknowledgment by the law administration association in the region.”

About Wrap Technologies (NASDAQ:WRTC)

Wrap Technologies is an innovator of avant-garde policing solutions. The Company’s BolaWrap 100 artefact is a patented, hand-held alien abstemiousness accessory that discharges an eight-foot bola appearance Kevlar® binding to arrest an alone at a ambit of 10-25 feet. Developed by accolade acceptable artist Elwood Norris, the Company’s Chief Technology Officer, the baby but able BolaWrap 100 assists law administration to cautiously and finer ascendancy encounters, abnormally those involving an alone experiencing a brainy crisis. For advice on the Aggregation amuse appointment www.wraptechnologies.com. Examples of contempo media advantage are accessible as links beneath the “Media” tab of the website.

Trademark Information: BolaWrap and Wrap are trademarks of Wrap Technologies, Inc. All added barter names acclimated herein are either trademarks or registered trademarks of the corresponding holders.

Cautionary Note on Forward-Looking Statements – Safe Harbor Statement

This columnist absolution contains “forward-looking statements” aural the acceptation of the “safe harbor” accoutrement of the Private Securities Action Reform Act of 1995, including but not bound to statements apropos the Company’s all-embracing business, absolute addressable bazaar and expectations apropos approaching sales and expenses. Words such as “expect,” “anticipate,” “should,” “believe,” “target,” “project,” “goals,” “estimate,” “potential,” “predict,” “may,” “will,” “could,” “intend,” variations of these agreement or the abrogating of these agreement and agnate expressions are advised to analyze these advanced statements. Advanced statements are accountable to a cardinal of risks and uncertainties, abounding of which absorb factors or affairs that are above the Company’s control. The Company’s absolute after-effects could alter materially from those declared or adumbrated in advanced statements due to a cardinal of factors, including but not bound to: the Company’s adeptness to acknowledged apparatus training programs for the use of its products; the Company’s adeptness to accomplish and aftermath artefact for its customers; the Company’s adeptness to advance sales for its new artefact solution; the accepting of absolute and approaching products; the availability of allotment to abide to accounts operations; the complexity, amount and time associated with sales to law administration and government entities; the diffuse appraisal and sales aeon for the Company’s artefact solution; artefact defects; action risks from declared product-related injuries; risks of government regulations; the business appulse of bloom crises or outbreaks of disease, such as epidemics or pandemics; the adeptness to access consign licenses for counties alfresco of the US; the adeptness to access patents and avert IP adjoin competitors; the appulse of aggressive articles and solutions; and the Company’s adeptness to advance and enhance its brand, as able-bodied as added accident factors included in the Company’s best contempo anniversary address on Form 10-K, annual address on Form 10-Q and added SEC filings. These advanced statements are fabricated as of the date of this columnist absolution and were based on accepted expectations, estimates, forecasts and projections as able-bodied as the behavior and assumptions of management. Except as appropriate by law, the Aggregation undertakes no assignment or obligation to amend any advanced statements independent in this absolution as a aftereffect of new information, approaching contest or changes in its expectations.


Paul M. Manley

VP – Investor Relations


SOURCE: Wrap Technologies, Inc.

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