WRAP Opens Q3 with $1.2 Million in International Orders, Reaffirms 100% Revenue Growth Target for 2026 Following Landmark Federal Declassification Ruling

MIAMI, July 13, 2026 (GLOBE NEWSWIRE) — W ap Tech ologies, I c. (Nasdaq: WRAP) (“WRAP” o the “Compa y”), a global public safety tech ology compa y delive i g i tellige t detectio , o chest atio a d espo se solutio s desig ed fo the ext ge e atio of auto omous public safety, today a ou ced that it has e te ed the thi d qua te of 2026 with mome tum, d ive by i te atio al o de s f om custome s i B azil a d I dia, which ma ageme t believes p ovides a ea ly comme cial fou datio fo the qua te a d eflects g owi g wo ldwide dema d fo the Compa y’s o -lethal public safety tech ologies.

The o de s eflect co ti ued expa sio ac oss the Compa y’s i te atio al ma kets a d ep ese t comme cial activity al eady secu ed as WRAP e te ed the qua te — i depe de t of the i c eased i bou d i te est the Compa y has expe ie ced followi g the ece t la dma k Bu eau of Alcohol, Tobacco, Fi ea ms a d Explosives (“ATF”) uli g classifyi g the BolaW ap® 150 as a i st ume t of est ai t athe tha a fi ea m o a “a y othe weapo .”

Ma ageme t believes the co ve ge ce of expa di g i te atio al adoptio , epeat custome dema d, a d a mo e favo able egulato y e vi o me t positio s WRAP fo what could be o e of the Compa y’s most sig ifica t qua te s to date.

Mome tum f om I te atio al O de s to Ope Q3

WRAP eceived i te atio al o de s totali g app oximately $1.2 millio to ope the thi d qua te . I B azil, dist ibuto s placed o de s o behalf of two public safety age cies, a d a dist ibuto i I dia placed a additio al o de . These o de s we e booked as WRAP e te ed the thi d qua te , with the associated eve ue expected to be ecog ized i the pe iod.

These booki gs u de sco e co ti ued i te atio al adoptio of the BolaW ap 150. Ma ageme t believes epeat pu chasi g activity ac oss the Compa y’s i te atio al base is pa ticula ly mea i gful, as it eflects custome s movi g beyo d i itial evaluatio s to expa d deployme ts followi g ope atio al expe ie ce with the p oduct.

La dma k ATF Ruli g Removes a Lo gsta di g Regulato y Ba ie

O Ju e 15, 2026, the ATF issued Ruli g 2026-2, fo mally classifyi g the BolaW ap 150 as a i st ume t of est ai t athe tha a fi ea m o a “a y othe weapo ” (AOW). The uli g supe sedes p io ATF classificatio s a d, i ma ageme t’s view, emoves a lo gsta di g fede al classificatio that p eviously complicated p ocu eme t, dist ibutio , a d adoptio i ce tai ma kets.

Ma ageme t believes the decisio may simplify p ocu eme t, policy adoptio , a d deployme t while fu the diffe e tiati g BolaW ap f om t aditio al pai -complia ce a d highe -fo ce alte atives. I the days followi g the uli g, WRAP has expe ie ced i c eased i te est f om both domestic a d i te atio al custome s a d believes the decisio could ep ese t a impo ta t catalyst fo futu e adoptio .

The Compa y fu the believes the uli g p ovides mea i gful fede al ecog itio of BolaW ap’s ole as a i st ume t of est ai t while ei fo ci g WRAP’s b oade missio to equip office s with a o -lethal optio desig ed to c eate time, dista ce, a d tactical adva tage befo e e cou te s escalate to highe levels of fo ce.

I te atio al Comme cial Mome tum

WRAP co ti ues to expa d comme cial activity i te atio ally th ough ew custome acquisitio s, epeat o de s, p oduct evaluatio s, a d a g owi g dist ibutio etwo k.

B azil has eme ged as o e of WRAP’s fastest-g owi g i te atio al ma kets, with ece t follow-o o de s suppo ti g b oade deployme t ac oss multiple public safety age cies a d additio al evaluatio s that ma ageme t believes may adva ce towa d p ocu eme t.

I I dia, a dist ibuto o de booked to ope the thi d qua te establishes a comme cial foothold i o e of the wo ld’s la gest public safety ma kets a d may c eate additio al oppo tu ities ac oss South Asia.

Mo e b oadly, WRAP co ti ues to build its i te atio al cha el th ough expe ie ced egio al pa t e s that p ovide localized sales, t ai i g, deployme t, a d lo g-te m custome suppo t.

2026 G owth Outlook

WRAP eaffi ms its p eviously stated ta get of app oximately 100% yea -ove -yea eve ue g owth i 2026, eflecti g ma ageme t’s cu e t expectatio s ega di g i te atio al adoptio , epeat custome activity, imp ovi g egulato y co ditio s, a d a g owi g comme cial pipeli e.

“We a e e te i g the thi d qua te with mea i gful comme cial mome tum al eady i place,” said Scot Cohe , Chief Executive Office of WRAP. “Ope i g the qua te with sig ifica t i te atio al o de s is e cou agi g o its ow , but what matte s mo e is what those o de s ep ese t — epeat custome s expa di g thei deployme ts a d ew ma kets adopti g ou tech ology, i depe de t of the additio al i te est ge e ated by the ATF’s decisio .”

“Fo yea s, BolaW ap ope ated u de a fede al classificatio that did ot eflect what the p oduct actually is. The ATF’s ecog itio of BolaW ap as a i st ume t of est ai t emoves a eal ba ie a d alig s fede al policy with how age cies use ou tech ology eve y day. Combi ed with expa di g global dema d, we believe this may positio WRAP fo a st o g seco d half of 2026, a d ei fo ces ou co victio that WRAP is buildi g a diffe e tiated public safety tech ology platfo m positio ed fo lo g-te m g owth.”

About W ap Tech ologies, I c. W ap Tech ologies, I c. (Nasdaq: WRAP) a global leade i i ovative public safety tech ologies a d o -lethal tools, delive i g cutti g-edge tech ology with exceptio al people to add ess the complex, mode day challe ges faci g public safety o ga izatio s. 

WRAP’s complete public safety po tfolio i cludes the o -lethal BolaW ap^® 150 device, W ap Reality^® imme sive t ai i g platfo m, W apVisio ™ body-wo came a system, W apTactics™ t ai i g p og ams, a d ext-ge e atio C-UAS solutio s like the 1KC Ki etic A ti-D o e Cassette, all of which suppo ts the Compa y’s missio to p ovide safe , scalable, a d cost-effective tech ologies fo public safety, defe se, a d c itical i f ast uctu e ma kets.  

With a g owi g dema d fo o -lethal tools a d tech iques to c eate time, dista ce a d tactical adva tage i o -c imi al calls, W ap’s BolaW ap^® 150 i co po ates a multi-se so y dist actio of sight a d sou d as a fi st espo se, followed by a o -lethal est ai t if fu the escalatio is  equi ed. This app oach educes the isk of i ju y to office s, subjects, a d the commu ity.   

W ap’s BolaW ap^® 150 solutio  is i te ded to p ovide law e fo ceme t with a safe choice fo   ea ly eve y phase of a c itical i cide t. This i ovative, pate ted device deploys a multi-se so y, cog itive dis uptio to expa d the p e-escalatio pe iod a d gives office s the adva tage a d c itical time to ma age o -complia t subjects befo e eso ti g to highe -fo ce optio s. The BolaW ap^® 150 is ot pai -based complia ce. It does ot shoot, st ike, shock, o i capacitate, i stead, it helps office s st ategically ope ate p e-escalatio o the fo ce co ti uum, educi g the isk of i ju y to both office s a d subjects. Used by ove 1,000 age cies ac oss the U.S. a d i 60 cou t ies, BolaW ap^® is backed by t ai i g ce tified by the I te atio al Associatio of Di ecto s of Law E fo ceme t Sta da ds a d T ai i g (IADLEST), ei fo ci g W ap’s commitme t to public safety th ough cutti g-edge tech ology a d expe t t ai i g. 

W apReality™ VR is a fully imme sive t ai i g simulato to e ha ce decisio -maki g u de  st ess. As a comp ehe sive public safety t ai i g platfo m, it p ovides fi st espo de s with ealistic, i te active sce a ios that eflect the evolvi g challe ges of mode law e fo ceme t. By offe i g a g owi g lib a y of eal-wo ld situatio s,

W apReality™ is i te ded to equip office s with the skills a d co fide ce to avigate high stakes e cou te s effectively, which we believe leads to safe outcomes fo both espo de s a d the commu ities they se ve. 

W apVisio is a body-wo came a a d evide ce ma ageme t system built fo efficie cy. Desig ed fo efficie cy, secu ity, a d t a spa e cy to meet the igo ous dema ds of mode law e fo ceme t, W apVisio captu es, sto es, a d helps ma age digital evide ce, e su i g ope atio al secu ity, egulato y complia ce, a d e ha ced video pictu e quality a d field of view. 

T adema k I fo matio  WRAP, the W ap logo, BolaW ap^®, No -Lethal Respo se™, W apReality™, W ap T ai i g Academy, a d No -Lethal Respo se™ a e t adema ks of WRAP Tech ologies, I c., some of which a e egiste ed i the U.S. a d ab oad. All othe t ade ames used he ei  a e eithe t adema ks o egiste ed t adema ks of the espective holde s. 

Cautio a y Note o Fo wa d-Looki g Stateme ts – Safe Ha bo Stateme t This elease co tai s “fo wa d-looki g stateme ts” withi the mea i g of the “safe ha bo ” p ovisio s of the P ivate Secu ities Litigatio Refo m Act of 1995. Wo ds such as “expect,” “a ticipate,” “should”, “believe”, “ta get”, “p oject”, “goals”, “estimate”, “pote tial”, “p edict”, “may”, “will”, “could”, “i te d”, a d va iatio s of these te ms o the egative of these te ms a d simila exp essio s a e i te ded to ide tify these fo wa d-looki g stateme ts. Fo wa d-looki g stateme ts i clude, but a e ot limited to, stateme ts elati g to the Compa y’s expected eve ue ecog itio f om booked o de s; the Compa y’s eve ue g owth ta get fo 2026; the expected be efits, effects, limitatio s, a d implicatio s of ATF Ruli g 2026-2; custome i te est, dema d, adoptio , deployme ts, evaluatio s, p ocu eme t activity, comme cial mome tum, ma ket adoptio , a d expa sio of W apShield; the Compa y’s ability to develop, i teg ate, ma ufactu e, sell, a d suppo t cu e t a d futu e p oducts a d tech ologies; the i te ded pe fo ma ce, be efits, a d safety outcomes of the Compa y’s p oducts a d t ai i g solutio s; expected ma ket oppo tu ities; a d the Compa y’s pla ed futu e p oducts, tech ologies, i teg atio s, p oduct desig s, a d elated be efits. The Compa y’s actual esults could diffe mate ially f om those stated o implied i fo wa d-looki g stateme ts due to a umbe of facto s, i cludi g but ot limited to: the Compa y’s ability to mai tai complia ce with the Nasdaq Capital Ma ket’s listi g sta da ds; the Compa y’s ability to successfully impleme t t ai i g p og ams fo the use of its p oducts; the Compa y’s ability to ma ufactu e a d p oduce p oducts fo its custome s; the Compa y’s ability to develop sales fo its p oducts; ma ket accepta ce of existi g a d futu e p oducts; cha ges i law e fo ceme t budgets, policies, p ocu eme t p actices, a d use-of-fo ce sta da ds; the availability of fu di g to co ti ue to fi a ce ope atio s; the complexity, expe se, a d time associated with sales to law e fo ceme t a d gove me t e tities; the le gthy evaluatio a d sales cycle fo the Compa y’s p oduct solutio s; p oduct defects; litigatio isks f om alleged p oduct- elated i ju ies; isks of gove me t egulatio s a d cha ges i egulato y classificatio s o i te p etatio s; the impact esulti g f om geopolitical co flicts a d a y esulti g sa ctio s; the ability to obtai expo t lice ses fo cou t ies outside of the U ited States; the ability to obtai pate ts a d defe d i tellectual p ope ty agai st competito s; the impact of competitive p oducts a d solutio s; a d the Compa y’s ability to mai tai a d e ha ce its b a d, as well as othe isk facto s me tio ed i the Compa y’s most ece t a ual epo t o Fo m 10-K, subseque t qua te ly epo ts o Fo m 10-Q, a d othe Secu ities a d Excha ge Commissio fili gs. These fo wa d-looki g stateme ts a e made as of the date of this elease a d we e based o cu e t expectatio s, estimates, fo ecasts, a d p ojectio s as well as the beliefs a d assumptio s of ma ageme t. Except as equi ed by law, the Compa y u de takes o duty o obligatio to update a y fo wa d-looki g stateme ts co tai ed i this elease as a esult of  ew i fo matio , futu e eve ts, o cha ges i its expectatio s.

I vesto Relatio s Co tact:(800) 583-2652i @w ap.comw ap.com