Wrap Technologies, Inc. · NASDAQ:WRAP
Wrap Technologies — Investor Presentation (August 2020)
21 slides from Wrap Technologies's investor presentation, August 2020
Slide 1: Innovators of Modern Policing Solutions
NASDAQ: WRTC www.wraptechnologies.com www.wraptechnologies.com Wrap Technologies Innovators of Modern Policing Solutions August 2020 ©2020 • 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: Corporate Overview
NASDAQ: WRTC www.wraptechnologies.com www.wraptechnologies.com Unique, Patented $338 million Market Cap. Solution (as of 8/7/20) No Known Direct Competitors Corporate Overview Experienced Management Team $35.4 million Cash (6/30/2020) Rapid Growth 23,300+ Sales, Training, Manufacturing, Shareholders
Slide 4: 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 ©2020 • Wrap Technologies, Inc. 43
Slide 5: Response to Resistance: Police Need Better Tools
NASDAQ: WRTC www.wraptechnologies.com www.wraptechnologies.com Police Need Better Tools 810 People have been shot and killed by police in 2019.[2] 1081 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 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 mi
Slide 7: 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 Cost per day f
Slide 8: BolaWrap Frequency of Use
NASDAQ: WRTC www.wraptechnologies.com www.wraptechnologies.com Accessory Products Holsters, belt clips, Granted & BolaWrap Pending warranties, etc. Patents Compliance Without Pain Launcher Bola Cartridge De-escalate Encounters Device Helps Keep Officers & Subjects Safe Reduces Litigation Contributes
Slide 9: Market Size & Opportunity
NASDAQ: WRTC www.wraptechnologies.com www.wraptechnologies.com Current Opportunities: Market Size 900,000 Police officers in the US [10] 12,435,974 Police officers globally[10] 75,000,000 Military personnel globally[11] & Opportunity Future Opportunities: 20,000,000+ 4,900,000+ Private security work
Slide 10: The Public is Watching
NASDAQ: WRTC www.wraptechnologies.com www.wraptechnologies.com DEMAND FOR BOLAWRAP The Public is Watching 100,000,000+ Product Social Media Views 1000+ Product Television Appearances 800,000+ Website Visitors ©2020 • Wrap Technologies, Inc. 10 10
Slide 11: Requests for Demos, Training & Quotes
NASDAQ: WRTC www.wraptechnologies.com www.wraptechnologies.com DEMAND FOR BOLAWRAP 2,600+ Requests for Requests from US Police Demos, Departments Training & Quotes 750+ *Additional requests from private security, fugitive Requests from recovery, bail bondsman, and personal use. Countries Internation
Slide 12: BolaWrap Current Partners
NASDAQ: WRTC www.wraptechnologies.com www.wraptechnologies.com BolaWrap Current Partners 180+ Police agencies currently carrying BolaWrap in the field. ©2020 • Wrap Technologies, Inc. 12 12 13 0
Slide 13: 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 20 Network Distributors Distributors 45 30 States Covered by Distributors Countries Covered by Distrib
Slide 14: 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 15: Flexible Manufacturing
www.wraptechnologies.com Flexible NASDAQ: WRTC www.wraptechnologies.com Manufacturing 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 10,800 13,500 Cartridge 1 900 3,600 43
Slide 16: Corporate Information
NASDAQ: WRTC www.wraptechnologies.com www.wraptechnologies.com 36.5 million 20.7 million Shares Outstanding Non-Affiliate Public Float (7/30/2020) (7/30/2020) Corporate 15.8 million Insider Ownership $35.4 million* Cash Information (7/30/2020) (6/30/2020) $37 million* $0.36 million Stockholders’ Equ
Slide 17: Company Timeline
NASDAQ: WRTC www.wraptechnologies.com www.wraptechnologies.com RAPID ADOPTION Company Timeline Pre-IPO December 2018 October 2019 ✓ Patents on BolaWrap device & its cartridges filed & ✓ WRTC up-listed to Nasdaq ✓ Opening of new 11,000 square-foot manufacturing facility issued ✓ David Norris promoted
Slide 18: Leading Experts in Technology, Manufacturing, and Law Enforcement
NASDAQ: WRTC www.wraptechnologies.com www.wraptechnologies.com Leading Experts in Technology, Manufacturing, and Law Enforcement Marc Thomas Thomas Smith Elwood “Woody” Norris Jim Barnes CHIEF EXECUTIVE OFFICER PRESIDENT CHIEF TECHNOLOGY OFFICER CHIEF FINANCIAL OFFICER Management GE / McKinsey Vice
Slide 19: Corporate Milestones
NASDAQ: WRTC www.wraptechnologies.com www.wraptechnologies.com ✓ 23,000+ shareholders ✓ 2,600+ domestic police requests for demos, training & quotes ✓ 750+ international requests for demos, training & quotes ✓ 180+ departments & 29 countries have BolaWrap Corporate ✓ 800+ officers trained on BolaWra
Slide 20: 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.
Slide 21: Contact Us
NASDAQ: WRTC www.wraptechnologies.com www.wraptechnologies.com Contact Wrap Technologies, Inc. 1817 W 4th Street Tempe, Arizona 85281 Us Paul Manley VP - Investor Relations (612) 834-1804 pmanley@wraptechnologies.com WRTC on NASDAQ ©2020 • Wrap Technologies, Inc.
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