Wrap Announces Five Year Subscription Sale of Wrap Reality Virtual Reality Training Software
TEMPE, Ariz., May 23, 2022 (GLOBE NEWSWIRE) -- Wrap Technologies, Inc. (Nasdaq: WRAP) (the “Company”), a global leader in innovative public safety technologies and services, today announced that it has received a purchase order for Wrap Reality, the Company’s fully immersive, virtual reality training simulation system from a County Sheriff’s Office in Kentucky.
The initial demonstration of the Wrap Reality virtual reality training system took place in March of 2022 and highlighted the benefits of realistic roleplaying scenarios through the company’s immersive simulator, enabling officers to implement de-escalation tactics to practice successfully ending situations without injury. The software subscription contract is multi-year and has a duration of five years.
“The length of this contract indicates the trust that the market has in the ability of our virtual reality software to deliver valuable law enforcement training,” said Wrap CEO, TJ Kennedy. “We will continue to develop innovative software solutions that improve the resolution of conflicts safely for public safety.”
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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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