HORSHAM, Pa. – December 29, 2010 – In a presentation before the Imperial Capital Security Investor Conference in Washington, Dennis R. Raefield, CEO and President of Mace Security International, Inc. (“MACE” OR THE “Company”) (OTCQB: MACE) reported that the company has this year introduced four new lines of security focused products, including MacePro, MaceView, Mace Easy Watch and Mace DIY families.
“Mace has resolved several open issues in 2010, including the arbitration with our ex-CEO and divesting Mace of our non-security assets including the majority of our car washes and Linkstar, our digital media marketing division”, Mr. Raefield said. “We expect 2011 to be our re-launch year, with the distracting issues behind us and a solid core of high quality products, services and management in place.”
The conference held at the Ritz-Carlton in Washington, DC on December 13 – 14, 2011, was attended by senior executives from leading public and privately held companies in the security industry, government and Department of Homeland Security representatives, institutional investors, and lenders.
The purpose of the Imperial Capital Security Investor Conference is to provide solutions across the entire spectrum of the security sector – from cutting edge technology to traditional physical security companies, including companies focused on the Homeland Security, residential and enterprise markets. More information is available at: www.securityinvestorconference.com.
The Mace presentation is available online at: http://corp.mace.com/pdfs/SIC_presentation_2010.pdf
Mace Security International, Inc. is a manufacturer of personal defense and electronic surveillance products marketed under the famous brand name Mace®, and the owner and operator of a wholesale central monitoring station. Mace’s web site is www.mace.com.
Certain statements and information included in this press release constitute “forward-looking statements” within the meaning of the Federal Private Securities Litigation Reform Act of 1995. When used in this press release, the words or phrases “will likely result”, “are expected to”, “will continue”, “is anticipated”, “estimate”, “projected”, “intend to” or similar expressions are intended to identify “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements are subject to certain risks, known and unknown, and uncertainties, including but not limited to economic conditions, dependence on management, our ability to compete with competitors, dilution to shareholders, and limited capital resources. A discussion of factors that could materially adversely affect the Company’s financial performance and cause actual results for future periods to differ materially from the statements expressed within this press release, and management’s opinions projections, forecasts, estimates and expectations are contained under the heading “Risk Factors” in Mace’s SEC filings, including its registration statements and its periodic reports on Form 10-K and Form 10-Q. This press release should also be read in conjunction with the financial statements and notes contained in Mace’s annual reports on Form 10-K, quarterly reports on Form 10-Q and current reports on Form 8-K.