Mace Security International, Inc. Rights Offering Investor Conference Call
HORSHAM, Pa.—July 7, 2011—Mace Security International, Inc. (“Mace” or the “Company”) (OTCQB: MACE) announces an Investor Conference Call scheduled for Monday, July 11, 2011 at 2:00 PM EDT to discuss the Company’s Rights Offering to stockholders. The Rights Offering was commenced on June 30, 2011 to stockholders of record as of June 27, 2011, as previously disclosed. In addition to Dennis Raefield, the Company’s CEO and President, and Gregory Krzemien, the Company’s Chief Financial Officer; Richard Barone, a Director of the Company and Chairman of The Ancora Group, including Ancora Securities, Inc. ( “Ancora”), the Dealer Manager for the Company’s Rights Offering, will be present on the conference call and be available for questions. On the conference call, management will discuss the terms of the Rights Offering and the Company’s current operating strategies. Mr. Barone will comment on the Rights Offering on behalf of Ancora, the Dealer Manager for the offering, and Merlin Partners, LP, a significant investor in the Company.
As more fully described in the prospectus, 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, at an exercise price of $0.20 per share. The subscription rights will expire if they are not exercised by 5:00 PM EDT on July 25, 2011, unless the Company extends the Rights Offering as set forth in the prospectus. In addition to the prospectus mailed to stockholders, the prospectus can also be found at the Securities and Exchange Commission’s website at www.sec.gov or the Company’s website at www.mace.com under investor relations.
If you have any questions or need further information regarding the Rights Offering, you may contact the Information Agent, Phoenix Advisory Partners (“Phoenix”), toll free at (877) 478-5038. You may also email Phoenix at info@phoenixadvisorypartners.com.
Please note the following details for the upcoming Investor conference call:
Event Title: Mace Rights Offering Investor Conference Call
Date: Monday, July 11, 2011
Time: 2:00 PM EDT, 11:00 AM PDT
Audio details: Please call (877) 719-8065. Conference ID # 81691684
A digital recording of the teleconference will be available four hours after the call’s completion until July 31th, 2011. The recording can be accessed by dialing (800) 642-1687 and entering the conference ID: 81691684
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 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.