The Arizona Municipal Risk Retention Pool Approves Funding to Help Outfit 1,800+ Police Officers with BolaWrap Remote Restraint Devices
TEMPE, Ariz., Dec. 16, 2021 (GLOBE NEWSWIRE) -- Wrap Technologies, Inc. (Nasdaq: WRAP) (the “Company”), a global leader in innovative public safety technologies and services, today announced that the Arizona Municipal Risk Retention Pool (AMRRP) Board of Trustees has voted unanimously to approve funding to assist its member police agencies statewide in procuring BolaWrap devices for active-duty police officers.
The AMRRP represents over 60 rural agencies with more than 1,800 police officers. As a result of the vote, AMRRP will fund 50% of the purchase price of the BolaWrap and the associated accessories, to help equip police officers that work for its member agencies.
Further, the AMRRP Board unanimously agreed that BolaWrap’s remote restraint technology, when used properly, has the potential to limit risk and potentially reduce use of force liability for police agencies that adopt this technology. In a review of previous claims handled by AMRRP, the members of the AMRRP Board noted that the potential savings from having avoided those prior could have fully outfitted every officer within AMRRP’s member agencies with the BolaWrap devices.
WRAP President & CEO, Tom Smith said, “The unified vote of the Board of the AMRRP shows that Arizona community leaders are dedicated to the same mission we are: provide law enforcement with innovative solutions to complicated issues. We’re finding more and more that our communities are calling for alternative policing methods like our BolaWrap family of products and improved officer training aimed at reducing force, a key training goal of our immersive training platform, Wrap Reality. WRAP is committed to bringing new technologies to market and broadening the options available to every encounter an officer may face.”
The AMRRP Board of Trustees is comprised of nine key leaders from communities within Arizona. Some of the board members include Deputy City Managers, Town Managers, Police Chiefs, Finance Directors, and Risk Management Directors.
The Arizona Municipal Risk Retention Pool (AMRRP) is a Municipally-Governed Risk Pool Dedicated Solely to Coverage and Risk Management Solutions for Arizona Cities and Towns. AMRRP headquarters are in Scottsdale, Arizona. To learn more about the AMRRP, please visit: https://www.amrrp.org/.
WRAP Technologies (Nasdaq: WRAP) is a global leader in innovative public safety technologies and services. WRAP develops creative solutions to complex issues and empowers public safety officials to protect and serve their communities through its portfolio of advanced technology and training solutions.
WRAP’s BolaWrap® Remote Restraint device is a patented, hand-held pre-escalation and apprehension tool that discharges a Kevlar® tether to temporarily restrain uncooperative suspects and persons in crisis from a distance. Through its many field uses and growing adoption by agencies across the globe, BolaWrap is proving to be an effective tool to help law enforcement safely detain persons without injury or the need to use higher levels of force.
Wrap Reality, the Company’s virtual reality training system, is a fully immersive training simulator and comprehensive public safety training platform providing first responders with the discipline and practice in methods of de-escalation, conflict resolution, and use-of-force to better perform in the field.
WRAP’s headquarters are in Tempe, Arizona. For more information, please visit wrap.com.
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BolaWrap, Wrap and Wrap Reality are trademarks of Wrap Technologies, Inc. All other trade names used herein are either trademarks or registered trademarks of the respective holders.
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