Five Departments Complete Training in January 2019
Since launching its ‘Train the Trainer’ program in October 2018, 43 U.S. police departments have received training; 171 of their trainers are now certified BolaWrap 100 instructors and can train other officers.
The Company began demonstrating the BolaWrap to police departments in early 2018. Since then, more than 700 departments have requested demonstrations of the device. To date, more than 100 of those departments have received demonstrations, and 43 of those departments have completed training sessions.
“Once a department receives a demonstration and decides they are interested in adding the BolaWrap to their less lethal toolbox, our Master Trainers execute a comprehensive training session with the department’s designated trainers so that those trainers can then train the rest of their department’s officers,” informed Mike Rothans, Chief Operating Officer at Wrap Technologies.
“The response from our training sessions has been extremely positive,” said Lee Leatherman, Director of Training at Wrap Technologies. “Following each session, the departments gain a better appreciation for how the product works, how effective it can be in the field, and how they can move forward to train their officers to effectively deploy devices in the field,” Leatherman added.
With the Company’s recent hire of Rick Guilbault, the founder of TASER International’s Training Academy, as Vice President of Training, the Company plans to rapidly increase the number of hours dedicated towards ‘Train the Trainer’ sessions in 2019 to support product sales.
About Wrap Technologies (WRTC)
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® tether to entangle 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. For information on the Company please visit www.wraptechnologies.com. Examples of recent media coverage are available as links under the “Media” tab of the website.
Trademark Information
BolaWrap is a trademark of Wrap Technologies, Inc. All other trade names used herein are either trademarks or registered trademarks of the respective holders.
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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,” variations of these terms or the negative of these terms and similar expressions are intended to identify these forward-looking statements. 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 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 included in the Company’s most recent 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.
