Tuesday, July 5th, 2011
Mace Security International, Inc.
4400 Carnegie
Cleveland, OH 44103

Mace Security International, Inc. Commences Rights Offering

HORSHAM, Pa. – July 5, 2011 – Mace Security International, Inc. (“Mace” or the “Company”) (OTCQB: MACE) commenced a registered rights offering to its stockholders on June 30, 2011 pursuant to a Registration Statement filed with the Securities and Exchange Commission that was declared effective on June 29, 2011 (the “Rights Offering”).  Pursuant to the Rights Offering, each Mace stockholder is being given the right to purchase three shares of common stock for each Mace share of common stock owned of record on June 27, 2011 (the “Record Date”), at an exercise price of $0.20 per share.  A prospectus, describing the terms and conditions of the Rights Offering, has been mailed to the Company’s Record Date stockholders.  All new shares that will be issued under the Rights Offering have been registered under the Securities Act of 1933, as amended.  The subscription rights will expire if they are not exercised by 5:00 p.m., Eastern Standard Time, on July 25, 2011 (25 days after the date the prospectus was mailed to stockholders), unless the Company extends the Rights Offering as set forth in the prospectus.

Dennis Raefield, Mace’s CEO and President, stated, “We are happy that we have commenced the Rights Offering and are looking forward to investing the proceeds of the offering toward our new growth strategies.  We had previously announced that we planned the Rights Offering to raise capital to pay debt, fund operations and marketing efforts, and make strategic acquisitions.  Our use of the proceeds is more fully described in the prospectus which should be read by our stockholders before they decide to exercise the offered rights.”

Mace will conduct an investor conference call to discuss the Rights Offering and its use of the proceeds.  In addition to Company representatives, the conference call will include representatives from Ancora Securities, Inc., our dealer manager for the Rights Offering, and Merlin Partners, LP (“Merlin”). As more fully disclosed in the prospectus, Merlin has entered into a Securities Purchase Agreement dated March 25, 2011 pursuant to which Merlin and two assignees of Merlin are to purchase $4.0 million of our common stock.  The date and time of the conference call will be announced at a later date.

This press release shall not constitute an offer to sell or the solicitation of an offer to buy any securities, nor shall there be any sale of any securities in any state in which such offer, solicitation, or sale would be unlawful prior to registration or qualification under the securities laws of any such state.

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.

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.