Mace Security International, Inc. acquires The Command Center Inc. in Corona, CA
HORSHAM, Pa. – April 1, 2011 – Mace announces the first expansion of its Central Station (Mace CS) located in Anaheim, CA, which Mace acquired in 2009. Today Mace acquired the entire stock of The Command Center Inc. (TCCI) based in Corona, CA. The purchase price was not disclosed.
TCCI operates a wholesale central station based in Corona, CA and handles approximately 20,000 accounts from over 70 dealers. For the immediate future, operations will continue in the Corona central station facility. TCCI has been in business for over 20 years, servicing quality security dealers in the Inland Empire region and beyond.
Morgan Hertel, General Manager of the Mace Central Station stated, “We are pleased to add such a quality central station into the Mace family. I have known and worked with TCCI for many years, and value the excellent service reputation and team they have built. We look forward to integrating them into Mace’s state of the art central station, and offering additional services, such as remote video monitoring, two-way audio, GPS and a whole host of advanced services to their client base.”
Dennis Raefield, CEO of Mace Security International, Inc. (MSI), added, “The acquisition of TCCI represents the second step in our Mace strategy to focus solely on security, whether in products, personal defense, or services such as Mace CS. Mace CS has already become a pivotal contributor to MSI’s growth and profits, and we will continue, after our planned rights offering, to make additional acquisitions in the space. TCCI represents the type and quality of acquisitions Mace will be making.”
Al Gapik, who has been the President of TCCI since its inception stated, “For over twenty years, TCCI has been focused on providing quality service to its dealers. This transaction with Mace Central Station will solidify the high-quality of service and allow our dealers to grow and profit much faster with the services Mace Central Station can provide.”
About TCCI
The Command Center Inc. is a UL listed wholesale central station located in Corona, California. TCCI is currently servicing approximately 70 professional security and fire alarm installers located in North America. TCCI’S website is www.thecommandcenter.net
About Mace
Mace Security International, Inc. (OTCQB:MACE) 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 iswww.mace.com. The Mace Central Station website is www.macecs.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.