Wrap Technologies, Inc. · NASDAQ:WRAP
Wrap Technologies — Investor Presentation (December 2019)
25 slides from Wrap Technologies's investor presentation, December 2019
Slide 1: Innovators of Modern Policing Solutions
NASDAQ: WRTC www.wraptechnologies.com www.wraptechnologies.com Wrap Technologies Innovators of Modern Policing Solutions December 2019 ©2019 • Wrap Technologies, Inc.
Slide 2: Safe Harbor Statement
NASDAQ: WRTC www.wraptechnologies.com www.wraptechnologies.com Safe Harbor Statement This presentation contains forward-looking statements within the meaning of Section27A of the Securities Act of 1933, as amended (the “Securities Act”), and Section21E of the Securities Exchange Act of 1934, as amen
Slide 3: Introducing the BolaWrap
NASDAQ: WRTC www.wraptechnologies.com www.wraptechnologies.com Step 1: Aim Step 2: Deploy Step 3: Restrain ® Introducing the BolaWrap “An innovation that is changing the world of policing.” Chief Luther Reynolds | Charleston Police Department View Video Demo ©2019 • Wrap Technologies, Inc. 3
Slide 4: Police are Facing a Major Issue
NASDAQ: WRTC www.wraptechnologies.com www.wraptechnologies.com MENTAL ILLNESS Police are Facing a Major Issue “Deputies respond 10 times a day to people experiencing serious mental health crises, which translates to roughly 3,000 responses annually.” Jim Hart Santa Cruz County Sheriff “Every four min
Slide 5: Police Need Better Tools
NASDAQ: WRTC www.wraptechnologies.com www.wraptechnologies.com Police Need Better Tools 1081 810 People have been shot and killed by police in 2019.[2] Deaths involving Tasers[3] “There is a gap in the list of USE OF FORCE CONTINUUM tools used by law enforcement Controlled Safe Hostile between verba
Slide 6: Police Officers Are Impacted
NASDAQ: WRTC www.wraptechnologies.com www.wraptechnologies.com Police Officers Are Impacted “14 out of 15 officers stated stress inoculation segments should be added to Taser certification training because they do not feel sufficiently prepared to handle the magnitude Severity of Consequences Officers Face a
Slide 7: Community Demands Change
NASDAQ: WRTC www.wraptechnologies.com www.wraptechnologies.com Community Demands Change Mike Rothans, Chief Operating Officer at Wrap Technologies & Former Assistant Sheriff LASD, faced a common response when talking to families: “My husband was mentally ill. We called you. You came to my house, and yo
Slide 8: Litigations & Settlements
NASDAQ: WRTC www.wraptechnologies.com www.wraptechnologies.com Litigations & Settlements Police Departments, Insurance Providers, & Taxpayers Are All Paying The Price $1.02 Billion $12 Million $1M+ Per Day Paid out by 10 cities with the largest police Average payout for litigation and insurance Cost
Slide 9: BolaWrap: A Pioneering Innovation In Safer Restraint
NASDAQ: WRTC www.wraptechnologies.com www.wraptechnologies.com BolaWrap 100 A Pioneering Innovation In Safer Restraint - Achieve Compliance Without Pain - De-escalate Encounters - Keep Officers & Subjects Safe - Reduce Litigations - Restore Trust Between Community & Law Enforcement ©2019 • Wrap Techno
Slide 10: The Public is Watching
NASDAQ: WRTC www.wraptechnologies.com www.wraptechnologies.com DEMAND FOR BOLAWRAP The Public is Watching 70,000,000+ 500+ 400,000+ Product Social Product Television Website Media Views Appearances Visitors As Seen On ©2019 • Wrap Technologies, Inc. 10
Slide 11: Market Size & Opportunity
NASDAQ: WRTC www.wraptechnologies.com www.wraptechnologies.com Current Opportunities: 12,435,974 Market Size 975,000 Police officers in the US[10] Police officers globally[10] 75,000,000 Military personnel globally[11] & Opportunity Future Opportunities: 20,000,000+ 4,900,000+ Private security workers E
Slide 12: Requests for Demos, Training & Quotes
NASDAQ: WRTC www.wraptechnologies.com www.wraptechnologies.com DEMAND FOR BOLAWRAP 1,300+ Requests for Requests from US Police Demos, Departments Training & Quotes 600+ *Additional requests from private security, fugitive Requests from recovery, bail bondsman, and personal use. Countries Internation
Slide 13: BolaWrap Current Partners
NASDAQ: WRTC www.wraptechnologies.com www.wraptechnologies.com BolaWrap Current Partners ©2019 • Wrap Technologies, Inc. 13
Slide 14: Use Cases
Corporate Strategy NASDAQ: WRTC www.wraptechnologies.com www.wraptechnologies.com RAPID ADOPTION Use Cases Laser Pointed: leading to submission of subject Wrap Deployed: leading to successful apprehension of subject ©2019 • Wrap Technologies, Inc. 14
Slide 15: Go-To-Market Strategy
NASDAQ: WRTC www.wraptechnologies.com www.wraptechnologies.com Go-To-Market Strategy ©2019 • Wrap Technologies, Inc. 15
Slide 16: Leading Experts in Technology, Manufacturing, and Law Enforcement
NASDAQ: WRTC www.wraptechnologies.com www.wraptechnologies.com Michael Parris Michael Rothans Independent Director Chief Operating Officer SHAQ BRAND ASSISTANT SHERIFF, LASD LIEUTENANT, NEWARK PD Leading Patrick Kinsella Independent Director Don De Lucca Chief Strategy Officer Experts in PENNYMAC CHIEF
Slide 17: Sales Cycle
Corporate Strategy NASDAQ: WRTC www.wraptechnologies.com www.wraptechnologies.com Sales Cycle Demonstration Training Policy Writing Field Testing Full Agency • Initial Purchase Supervisors, SWAT Deployment • Pay For Training United States International Decisions made by each department’s Chief Decis
Slide 18: Distribution Network
Corporate Strategy NASDAQ: WRTC www.wraptechnologies.com www.wraptechnologies.com United States International RAPID ADOPTION US Distributor Network International Distributor Network Distribution 11 15 Network Distributors Distributors 45 25 States Countries “It took us 15 years to 100+ 50+ Men on th
Slide 19: Competitive Advantage and Frequency of Use
NASDAQ: WRTC www.wraptechnologies.com www.wraptechnologies.com Accessory Products Holsters, belt clips, Granted & warranties, etc. Pending Competitive Patents Advantage Launcher Device Bola Cartridge 10-12 uses for trainers Patented 2-3 uses per officer Technology Controlled Level of Force Hostile Ver
Slide 20: Supporting Demand
NASDAQ: WRTC www.wraptechnologies.com www.wraptechnologies.com MANUFACTURING Supporting Demand Manufacturing Facility - 11,000+ sq ft manufacturing, training, and engineering facility in Tempe, AZ. Production Capacity: 1-Shift Operation (current) Mfg Lines Week Month Year Surge Device 1 225 900 10,8
Slide 21: Corporate Information
NASDAQ: WRTC www.wraptechnologies.com www.wraptechnologies.com 29,669,000 12,812,305 Shares Outstanding Non-Affiliate Public Float (09.30.2019) (09.30.2019) Corporate 16,856,695 $19,261,830 Information Management (09.30.2019) Cash (09.30.2019) $20,695,649 $183,187 Stockholders’ Equity LT Debt (09.30.2
Slide 22: Company Timeline
Corporate Strategy NASDAQ: WRTC www.wraptechnologies.com www.wraptechnologies.com RAPID ADOPTION Company Timeline Pre-IPO October 2018 April 2019 ✓ Patents on BolaWrap device & its cartridges filed & issued ✓ Completion of $13.68M Financing led by Management ✓ First use case occurs in Fort Worth, TX
Slide 23: Key Investment Highlights
NASDAQ: WRTC www.wraptechnologies.com www.wraptechnologies.com Today ✓ 6,000+ shareholders ✓ 1,300+ domestic police requests for demos, training & quotes ✓ 600+ countries requests for demos, training & quotes ✓ 150+ departments, 20+ distributors & 13 countries have BolaWrap ✓ 450+ officers trained on
Slide 24: Endnotes
NASDAQ: WRTC www.wraptechnologies.com www.wraptechnologies.com Endnotes [1] The Role of Mental Illness in Fatal Law Enforcement Encounters; Treatment Advocacy Center: Office of Research & Public Affairs [2] https://www.washingtonpost.com/graphics/2019/national/police-shootings-2019/ [3] https://www.reu
Slide 25: Contact Us
NASDAQ: WRTC www.wraptechnologies.com www.wraptechnologies.com Wrap Technologies, Inc. Contact Investor Relations 1817 W 4th Street Us Tempe, Arizona 85281 800-583-BOLA [email protected] WRTC on NASDAQ ©2019 • Wrap Technologies, Inc.
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