Wrap Technologies Exhibits BolaWrap at Milipol Paris 2019 Conference With Visitors from 151 Countries
Milipol Paris, the leading event for homeland security is organized under the patronage of the French Ministry of Interior. It is an official event carried out in partnership with the French National Police and Gendarmerie, Civil Defence Service, French Customs, City Police, Interpol, etc. This year’s event drew 29,939 visitors from 151 countries.
“Presenting the BolaWrap to the international community at the Milipol conference in Paris was an important means of growing our international distribution network,” said Tom Smith, President of Wrap Technologies. “We received tremendous interest from attendees, including police and military officials, distributors, and journalists, many of whom I know and have worked with in the past. Due to the positive feedback, it was clear that the conference was highly beneficial for us and should aid our long-term goal of shipping product to more countries.”
Attendees were offered the opportunity to experience BolaWrap in realistic scenarios using the new Wrap Virtual Reality training system.
Multiple media outlets came to the BolaWrap booth to interview members of the Company about the BolaWrap, including TF1 in France and Epig-Group in Germany.
“There was definitely a buzz throughout the conference about BolaWrap, as reflected by the number of visitors that came specifically to learn about our device,” said David Norris, CEO of Wrap Technologies. “There has not been a significant innovation to the public safety’s toolbelt in more than 30 years, and agencies are looking for new solutions. Due to BolaWrap’s applications to several markets in various countries, the international community in particular is excited about our less-lethal remote restraint tool, and we are therefore continuing to work to expand into and service these markets.”
Following the conference, the Company will continue vetting distributor applications, applying for required licenses, and continue the process of product demonstrations, training and product shipments for targeted countries.
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.
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