Wrap Technologies (NASDAQ: WRAP), an innovator of modern policing solutions, today announced that its bid and was selected by the United Kingdom Ministry of Defence into their Defence and Security Accelerator (“DASA”) competition for “Advancing Less Lethal Weapons.” “We are honored to be selected by DASA to explore and pursue further remote restraint solutions,” said Tom Smith, president and interim CEO at WRAP. “We believe this selection reflects the value of our technology as well as the confidence in WRAP as a leader in the law enforcement technology space. It further validates the investment we have made in our skilled engineering team.”
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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 http://ibn.fm/WRTC
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