June, 2020 Press Releases

June 25th, 2020

Mace Discloses Supplemental Information Regarding Share Ownership, Insider Holdings, and Voting Agreements, and Announces Additional Insider Stock Purchases

CLEVELAND–(ACCESS DIRECT) –Mace Security International, Inc. (OTCQX: MACE) today announced that it has posted supplemental exhibits on the OTCQX website. These exhibits provide information regarding significant shareholders, officer and director stock holdings, and detail related to certain previously disclosed bonus and voting agreements. These agreements continue to be available for shareholder viewing in their entirety at Mace’s headquarters located at 4400 Carnegie Avenue, Cleveland, OH 44103. Click on the following link to access the amended supplemental exhibits:

https://backend.otcmarkets.com/otcapi/company/financial-report/250629/content

Additionally, MACE was informed after the record date of May 27, 2020 of purchases of an additional 585,000 shares of Mace stock by members of its Board of Directors, bringing the total officer and director shareholdings in Mace to 29%.

About Mace Security International, Inc.

Mace Security International Inc. is a globally recognized leader in personal safety products. Based in Cleveland, Ohio, the Company has spent more than 30 years designing and manufacturing consumer and tactical products for personal defense and security under its world-renowned Mace® Brand – the original trusted brand of pepper spray products. The Companies other leading brands include Tornado® Brand stun guns and pepper spray, and Vigilant® Brand alarms. The Company also offers aerosol defense sprays for law enforcement and security professionals worldwide through its Take Down® Brand.

Mace Security International distributes and supports its products and services through mass-market retailers, wholesale distributors, independent dealers, e-commerce channels and through its website, www.mace.com. For more information, please visit www.mace.com.

Forward-Looking Statements

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.

 

Contacts:

Gary Medved

President and Chief Executive Officer

gmedved@mace.com


June 15th, 2020

Mace Leverages the Next Generation of NEO Talent to Fuel Company Growth

CLEVELAND, OH / ACCESSWIRE / June 15, 2020 / Mace® Security International, Inc. (OTCQX:MACE) is connecting with the next generation of talent for fresh ideas and new pathways to growth. Two students have joined the team with internships to support marketing and operations. This is one step the company is taking to further energize the Mace® brand and provide opportunities to young professionals in Northeast Ohio.

“Mace is a long-established brand that is experiencing an exciting new era,” says Gary Medved, President and CEO. “We believe that leveraging the talent in our community is critical. We want Mace to be an exciting career destination for young professionals in our area. Equally important, we value new perspectives. We know that our business is stronger when our team is supported by new voices and fresh insights.”

The company is evolving supply chain strategy with the help of Chih-Chung Yang, a Taiwanese graduate with six years’ experience in procurement, planning, data analysis and Lean operations. He is currently pursuing an MBA at Case Western Reserve University, specializing in supply chain and operation management.

“My role is to develop value stream maps of the company’s operations. Using these maps will allow management to identify areas of opportunity, which is critical for scaling up the company.” says Yang. “It’s a fascinating challenge for me. I look forward to expanding my horizons by observing and analyzing Mace’s entire business process.”

The marketing team is gaining new insights from Gianna Zucker, who is currently attending John Carroll University. Her focus is communications with a concentration on integrated marketing and entrepreneurship. Zucker will concentrate on enhancing Mace’s digital marketing presence with new ways to explore the company’s world-leading products.

“My goal is to use fresh content to spur social media engagement and gain increased brand awareness,” says Zucker. “This internship offers a wide range of experiences that allow me to more fully develop ideas to enhance Mace’s product positioning online. The opportunity to be actively engaging with customers via social media is very exciting and valuable.”

Both Yang and Zucker are working with senior management during their internship. The company plans to offer more opportunities to students and young professionals launching their careers. Interested parties can look for opportunities on the company’s LinkedIn page.

About Mace® Security International, Inc.

Mace® Security International, Inc. is a globally recognized leader in personal safety and security. Based in Cleveland, Ohio, the company has spent more than 40 years designing and manufacturing consumer and tactical products for personal defense, security and surveillance under its world-renowned Mace® Brand – the original trusted brand of defense spray products. The company also offers aerosol defense sprays and tactical products for law enforcement and security professionals worldwide through its Mace® Take Down® brand. MSI distributes and supports Mace® Brand products and services through mass market retailers, wholesale distributors, independent dealers, e-commerce marketers and installation service providers. For more information, visit www.mace.com.

Contact:
Gary Medved
President and CEO
Mace® Security International, Inc.
440-424-5322
press@mace.com

SOURCE: Mace® Security International, Inc.


June 4th, 2020

Mace Reports Insider Stock Purchases and Announces Virtual Investor Day Date

 

CLEVELAND, Ohio – Mace Security International Inc. (OTCQX: MACE) is pleased to announce that President and CEO Gary Medved has purchased 450,000 shares of MACE common stock.

 

Additionally, board member Denis Amato acquired 100,000 MACE common shares and board member Hussien Shousher acquired 425,812 shares.

 

All the insider share transactions were of existing outstanding shares, and no new shares were issued, preventing any dilution to MACE equity holders.

 

Medved commented: “I am pleased with the direction the company has taken over the last 15 months, including lowering our breakeven point through disciplined SG&A spending, customer acceptance of our refreshed product line, and the resulting strong EBIDTA generation. I believe our company represents a good investment, as these recent stock purchases demonstrate.”

 

 

Virtual Annual Meeting and Investor Day

 

MACE today also announces details for its annual Virtual Investor Day to be hosted Thursday, July 2, 2020. The Investor Day Presentation begins at 10:30 am EDT and concludes at 11:30 am EDT. A live question and answer session will be included in the Investor Day session.

Mace’s Investor Day 2020 will feature an overview of the company, a discussion of business performance and strategy, and a showcase of current products, branding, and eCommerce initiatives. Speakers include Gary Medved, President and CEO, and Sanjay Singh, Executive Chairman.

To attend the Virtual Investor Day please use the following address:

https: www.malone-media.com/mace and enter the password pepper20.

 

About Mace Security International, Inc.

 

Mace Security International Inc. is a globally recognized leader in personal safety products. Based in Cleveland, Ohio, the Company has spent more than 30 years designing and manufacturing consumer and tactical products for personal defense and security under its world-renowned Mace® Brand – the original trusted brand of pepper spray products. The Companies other leading brands include Tornado® Brand stun guns and pepper spray, and Vigilant® Brand alarms. The Company also offers aerosol defense sprays for law enforcement and security professionals worldwide through its Take Down® Brand.

 

Mace Security International distributes and supports its products and services through mass-market retailers, wholesale distributors, independent dealers, e-commerce channels and through its website, www.mace.com. For more information, please visit www.mace.com.

 

Forward-Looking Statements

 

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.

 

 

 

 

 

 

Contacts:

Gary Medved

President and Chief Executive Officer

gmedved@mace.com