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Non-Tech : WRAP Technology
WRAP 2.812+3.4%Oct 31 9:30 AM EST

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From: Savant4/1/2024 9:25:20 AM
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Wrap Technologies Launches "WrapAI(TM)" Suite of Artificial Intelligence-Powered Functionality for Intrensic BWC and DEMS

MIAMI, April 01, 2024 (GLOBE NEWSWIRE) -- Wrap Technologies, Inc. (Nasdaq: WRAP) ("Wrap" or the "Company"), the makers of BolaWrap and the innovative public safety solutions platform powered by artificial intelligence ("AI"), virtual reality and data, today announces the launch of its artificial intelligence product suite for its Wrap Intrensic Body-Worn Camera and Digital Evidence Management (DEMS) platform. Branded "WrapAI(TM)", this suite of products are poised to greatly streamline operations for police departments and private security firms worldwide.

The hero feature of the WrapAI(TM) product suite is the AI Auto-Tagging functionality, an exciting tool designed to streamline the categorization and analysis of video evidence. Leveraging state-of-the-art machine-learning algorithms, WrapAI(TM)'s Auto-Tagging feature automatically identifies and labels objects, activities, and individuals within video content, significantly reducing the time and resources required for manual tagging and analysis of content. With AI Auto-Tagging, a police department benefits from an added layer of compliance by ensuring that evidence is properly tagged and retained based on their unique retention policies. These compliance standards also contribute to cost savings for departments, ensuring efficient storage of digital evidence without unnecessary retention. For existing Wrap Intrensic customers, WrapAI(TM) can be accessed via a software update, bringing customers the latest and most advanced functionality without requiring any additional set up.

Other AI functionality and features that live under WrapAI(TM) includes:

Artificial Intelligence Video Redaction

Wrap Technologies introduces AI video redaction, an exciting new feature designed to enhance privacy and compliance. This functionality allows users to automatically identify and redact sensitive information within recorded video footage. With this advanced capability, law enforcement agencies can efficiently protect the privacy of individuals and adhere to regulatory requirements, ensuring responsible and ethical use of video data.

Automated Transcription of Voice-Captured Video

Wrap Technologies introduces a powerful AI-driven transcription feature that automatically converts voice-captured video content into accurate and searchable text. This innovative capability not only saves valuable time for law enforcement personnel but also enhances the accessibility and analysis of recorded interactions. By providing a detailed and searchable transcript of audio content, the Wrap Intrensic BWC Solution ensures that critical information is easily accessible and actionable.

Artificial Intelligence-Assisted Contextual Content Search

The Wrap Intrensic BWC Solution's new AI-assisted contextual content search feature empowers users to pinpoint specific incidents or interactions swiftly. Through advanced AI algorithms, the solution identifies and tags relevant contextual information, enabling law enforcement agencies to efficiently locate specific events within vast video databases. This capability enhances investigative processes, accelerates information retrieval, and supports more effective decision-making.

Commenting on the launch of the WrapAI(TM) product suite, Scot Cohen, CEO of Wrap Technologies, stated: "We are thrilled to introduce WrapAI(TM), which we believe will be a game-changing advancement in law enforcement technology. By integrating this powerful suite of AI capabilities into our Intrensic BWCs and DEMS, we are providing law enforcement agencies with powerful tools to enhance transparency, improve officer safety, and strengthen community trust."
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