Wrap Technologies (NASDAQ: WRAP), an innovator of modern policing solutions, today announced international reorders and a growing number of new and repeat domestic orders for BolaWrap(R) products and accessories. According to the update, WRAP recently received several international reorders totaling over 600 BolaWrap devices, plus cartridges and accessories. The company also received over 50 new orders and more than 15 reorders for domestic law enforcement agencies over the last thirty days. “Despite the social, political, financial and health care challenges seen by law enforcement in 2020, we are proud of the commitment our partner agencies are making to increase public safety and safely de-escalate potentially higher levels of force,” said Tom Smith, president and interim CEO of WRAP Technologies. “We are seeing increases in both agency adoption and successful field deployments, signaling what we believe is part of a changing tide in the way law enforcement approaches non-compliant but non-violent subjects.”
To view the full press release, visit https://ibn.fm/8jptl
About Wrap Technologies Inc.
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(R) tether to restrain an individual at a range of 10-25 feet. Developed by award winning inventor Elwood Norris, the company’s chief technology officer, the small but powerful BolaWrap 100 assists law enforcement to safely and effectively control encounters, especially those involving an individual experiencing a mental crisis. BolaWrap 100 has already been used to safely apprehend suspects without injury in a number of cities including Los Angeles, Sacramento, Fresno, Bell, Albuquerque, Minneapolis, West Palm Beach, Fort Worth, and Oak Ridge. For information about the company, please visit www.WRAP.com.
NOTE TO INVESTORS: The latest news and updates relating to WRAP are available in the company’s newsroom at https://ibn.fm/WRAP
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