TEMPE, AZ / ACCESSWIRE / February 25, 2020 / Wrap Technologies, Inc. (the "Company" or "Wrap") (NASDAQ:WRTC), an innovator of modern policing solutions, announced that representatives of the Company and its distributors will be showcasing the BolaWrap at tradeshows in Spain and the United Kingdom.
These tradeshows come amidst the Company's increased international BolaWrap activity, with two international orders announced in January.
"We are very pleased with our international progress in 2020 thus far," said Tom Smith, President of Wrap Technologies. "We are continuing to see interest across the international community for our innovative remote restraint solution."
The Company will be participating at the SICUR International Security, Safety and Fire Exhibition, in Madrid, Spain, February 25-28, 2020. SICUR is Spain's leading international security event and draws approximately 43,000 participants and 1,344 companies from 81 countries every two years. The event focuses on innovation and technological development and addresses integral security from five major areas with the aim of improving well-being and social development.
The Company will also be participating in the UK Home Office Security & Policing Event on March 3-5, 2020 in Farnborough, England. Security & Policing is an official government global security event and offers an opportunity to meet, network and discuss the latest advances in delivering national security and resilience with UK suppliers, colleagues and government officials.
About Wrap Technologies (Nasdaq: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 and Wrap are trademarks of Wrap Technologies, Inc. All other trade names used herein are either trademarks or registered trademarks of the respective holders.
Cautionary Note on Forward-Looking Statements - Safe Harbor Statement
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.
WRAP TECHNOLOGIES' CONTACT:
Investor Relations
800-583-2652, Ext #515
[email protected]
SOURCE: Wrap Technologies, Inc.