Wrap Technologies Inc (WRAP)

[MegaDeath]

WRAP Announces New International Orders and Growing Number of Domestic Orders

BolaWrap Recently Successfully Deployed in San Mateo

TEMPE, Ariz., Dec. 21, 2020 (GLOBE NEWSWIRE) -- Wrap Technologies, Inc. (the “Company” or “WRAP”) (Nasdaq: WRAP), an innovator of modern policing solutions, announced today international reorders and a growing number of new and repeat domestic orders for BolaWrap® products and accessories.

WRAP recently received several international reorders totaling over 600 BolaWrap devices, plus cartridges and accessories. The Company expects to fulfill these orders by the end of the month.

During the last thirty days, WRAP has also received over 50 new orders and more than 15 reorders for domestic law enforcement agencies, including:

Agency in Virginia: purchased 20 devices
Agency in Ohio: purchased 20 devices
Agency in Georgia: purchased 12 devices
Agency in Texas: purchased 10 devices
Agency in Arizona: repeat order, purchased 10 devices
Agency in Indiana: purchased 10 devices
Agency in North Carolina: purchased 10 devices
Agency in Louisiana: purchased 10 devices

BolaWrap was deployed in the field last Tuesday by the San Mateo County Sheriff’s Office to safely apprehend a noncompliant homeless man, as reported by Jason Green of The Mercury News. Media coverage of the story can be found here.

This field deployment comes on the heels of a successful BolaWrap field usage captured on bodycam by Beaufort Police Department just days prior.

“Despite the social, political, financial and healthcare 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.”

http://www.globenewswire.com/news-release/2020/12/21/2148671/0/en/WRAP-Announces-New-International-Orders-and-Growing-Number-of-Domestic-Orders.html