Mace Press Releases

March 30th, 2021

Mace Security International, Inc. Full Year 2020 Financial Statements

Mace Security International, Inc. Full Year 2020 Financial Statements


March 30th, 2021

Mace Security International, Inc. Q4 2020 Financial Overview

Q4 2020 Financial Overview


March 30th, 2021

Mace Security International OTCQX 2020 Annual Report

Mace Security International OTCQX 2020 Annual Report


March 30th, 2021

Mace Security International Reports Record 4Q 2020 Financial Results

MACE_4Q 2020 Earnings PRESS RELEASE


March 17th, 2021

Mace® Security International announces its 4th Qtr. 2020 Earnings Release Date

CLEVELAND, March 18, 2021 Mace® Security International, Inc. (OTCQX: MACE), a globally recognized leader in personal safety products, will broadcast its fourth quarter 2020 earnings conference call on Tuesday, April 6, 2021. The call will begin at 11:00AM ET.

A news release outlining the financial results will be distributed before the market opens on Tuesday March 30, 2021. A slide presentation, which will accompany the call, will also be available at www.corp.mace.com on Tuesday March 30, 2021 and will remain available after the call.

The full set of financial statements and an accompanying slide presentation will be available on March 30, 2021 on the “Investors” section of Mace’s website www.corp.mace.com under the subheading “Investor Relations.” The event can also be accessed by telephone within the US at (833) 360-0862. Please use the conference identification number 7277818.

A digital recording of the conference call will be available for replay after the call’s completion. The date ranges that the recording will be available are listed below. To access the recording, use the dial in numbers listed below and the conference ID 7277818.

Encore dial-in number: (855) 859-2056 or internationally on (404) 537-3406.
Encore dates: Will be available 2 hours after the call and will expire at midnight on June 6, 2021 at 11:59PM.

About Mace® Security International, Inc.:

Mace® Security International, Inc. (MACE) 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 and security 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, KUROS!® Brand personal safety products, Vigilant® Brand alarms, and Tornado® Brand pepper spray and stun guns. MACE® distributes and supports Mace® Brand products through mass market retailers, wholesale distributors, independent dealers, Amazon.com, Mace.com, and other channels. For more information, visit www.mace.com.

Press Contact:
Mike Weisbarth, Chief Financial Officer
mweisbarth@mace.com


March 11th, 2021

Mace Announces 2021 Investor Conference Schedule

CLEVELAND, Ohio, March 10, 2021 – Mace Security International, Inc. (OTCQX: MACE) today released its schedule of Investor Relations Events for 2021.

Mace leadership will be presenting in-person at these (virtual) events. In addition, Mace will hold its Annual Investor Day Presentation in July where investors get a mid-year update on new products and programs in the Personal Safety and Security area.

For more information regarding any of these events, please contact Mike Weisbarth (mweisbarth@mace.com).

Event Date

LD Micro Conference March 31, 2021

Mace 4Q20 Earnings Call April 6, 2021

Mace 1Q21 Earnings Call May 4, 2021

Investor Summit Virtual Summit May 17-19, 2021

Mace Annual Shareholders Meeting & Investor Day July (TBD)

Small Cap Growth Virtual Investor Conference July 8, 2021

Mace 2Q21 Earnings Call August 3, 2021

Mace 3Q21 Earnings Call November 2, 2021

Investor Summit Virtual Summit November 16-18, 2021

Small Cap Growth Virtual Investor Conference December 2, 2021

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 Company’s other leading brands include Tornado® Brand stun guns and pepper spray, and Vigilant® Brand personal alarms. The Company also offers aerosol defense sprays for law enforcement and security professionals worldwide through its Take Down® Brand.

Mace Security International, Inc. 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.

Contact:
Mike Weisbarth
Chief Financial Officer
mweisbarth@mace.com


March 9th, 2021

Mace® Releases “Stunning” New Product

The Palm Stun Device is the ultimate personal safety device for anyone on the go

CLEVELAND, Ohio, March 9, 2021 – Mace® Security International (OTCQX: MACE) today announces the introduction of a new personal safety device, adding to its portfolio of personal safety products. The new Mace® Palm Stun Device is easy to carry but still packs a powerful punch.

“This hand-held stun device is a perfect choice for anyone on the go – runners, dog walkers, or anyone who is moving about town,” said Gary Medved, president and chief executive officer. “We want to offer a device that more comfortably fits in your hand, so you can always have protection at the ready. This unit allows you to more easily deliver a painful shock to a potential threat.”

“We’re thrilled to release the Palm Stun Device on the heels of International Women’s Empowerment day,” continued Medved. “That’s what we want for our customers: to feel empowered and ready to protect themselves if need be.”

Mace developed the Palm Stun Device to meet the growing need for effective, safe non-lethal personal safety devices. It’s discreet and easy to carry, but it effectively provides protection in close-contact scenarios. This device is the first of many new products Mace plans to introduce into the marketplace in the coming year. The goal is to deliver a broad range of innovation to meet people’s individual personal safety needs.

“If someone invades your personal space and poses a threat, this kind of device is a highly effective deterrent at close range,” continued Medved. “The goal with any device like this is to incapacitate a threat, so a person can get to safety. Close contact situations can make escape more challenging, but the Palm Stun Device gives someone a fighting chance.”

“Customers have been requesting an easy to carry alternative to our standard stun guns,” said Dan Brass, sales director. “Stun guns are an effective deterrent since they produce a loud, very bright flash of electricity. They can often scare away a threat without having to be used directly on the would-be attacker.”

Mace Brand sees personal safety devices as a way to improve quality of life, particularly for those who face safety risks. When vulnerable people can move through life ready to protect themselves, it’s easier to put fear aside and feel more confident. The company understands having reliable products you can trust to keep you safe is a critical part of the equation.

The Palm Stun Device includes a ring that positions the unit securely in a person’s hand, further allowing a person to hold onto the unit should they become engaged with an attacker. It’s powered by high-capacity, rechargeable batteries and comes with a charging cord and carrying case. At this time, the Palm Stun Device is available in black and neon pink, exclusively at www.mace.com.

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 stun guns and pepper spray, and Vigilant® Brand personal 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.

Contact: Gary Medved President and Chief Executive Officer gmedved@mace.com


February 2nd, 2021

Mace Appoints Michael Weisbarth to Chief Financial Officer

CLEVELAND, Ohio, February 2, 2021 – Mace Security International (OTCQX: MACE) today announces the appointment of Michael Weisbarth as chief financial officer. He will report directly to Gary Medved, president and chief executive officer.

“Mike is a corporate finance veteran who has an impressive track record of elevating financial performance at the companies he has served. The diversity of his industry experience combined with his ability to improve profitability, develop strong banking relationships, and motivate cross-functional teams make him a valuable addition,” said Medved. “I have tremendous confidence in his ability to support our growth goals and further enhance shareholder value.”

Weisbarth most recently served as Vice President of Finance and Treasurer at Cleveland-based Preformed Line Products Co. Reporting to its CEO, Mike was responsible for financial assessment of target acquisitions and managed the integration of reporting and accounting controls. During his tenure, he completed two foreign acquisitions and provided financial oversight for 23 subsidiaries in 21 countries.

“Mike is smart, a great team player, and he will fit into the Mace culture very well. He has a meaningful track record of diving into details, expanding margins and providing steady guidance, all of which are key requirements for his role as the company continues on its path of transformative growth,” said Sanjay Singh, Executive Chairman.

“The Mace brand has strong recognition in the marketplace,” said Weisbarth. “Mace has been assembling a management team and board of directors focused on growth and leveraging the brand’s leadership position. It is an exciting time to be joining an organization on the cusp of explosive growth. My primary goal will be focused on increasing cash conversion, upgrading data analysis and systems to support future growth, reducing waste and solidifying investor relations strategies.”

Mike began his career with Deloitte & Touche in Cleveland, OH. Before his appointment at Mace, Weisbarth served in executive roles across a diverse range of publicly traded companies. He helped build the financial strength of OfficeMax, LESCO, Cardinal and other leading Northeast Ohio enterprises.

Mike holds a Bachelor of Science, Business Administration, Accounting, from Bowling Green State University

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 Company’s other leading brands include Tornado® Brand stun guns and pepper spray, and Vigilant® Brand personal 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.

Contact:
Gary Medved
President and Chief Executive Officer
gmedved@mace.com


January 27th, 2021

Mace® Security International Named to 2021 OTCQX Best 50

CLEVELAND, Ohio, January 28, 2021 – Mace® Security International, Inc. (OTCQX: MACE) is pleased to announce it has been ranked #21 in the 2021 OTCQX® Best 50, a ranking of top performing companies traded on the OTCQX Best Market last year.

The OTCQX Best 50 is an annual ranking of the top 50 U.S. and international companies traded on the OTCQX market. The ranking is calculated based on an equal weighting of one-year total return and average daily dollar volume growth in the previous calendar year. Companies in the 2021 OTCQX Best 50 were ranked based on their performance in 2020.

“Gary Medved, president and CEO commented, “Our performance in 2020 really speaks to the strength of our strategic growth plan. We’ve been able to increase our retail presence and ecommerce revenue, streamline production, and introduce new products into the marketplace. We know that audiences continue to focus on personal protection and our brand position is strong.”

“Sanjay Singh, Executive Chairman commented, “We are honored to receive this recognition and grateful for the tireless efforts of our team members and steady guidance from our board of directors, advisors, and shareholders. We added a lot of new shareholders last year and are committed to delivering strong returns in 2021. We plan on continuing our participation in investor conferences this year and sharing our story of focus and transformation.”

Of the 462 companies trading on the OTCQX Best Market, Mace® was recognized as the 21st ranked company. For the complete 2021 OTCQX Best 50 ranking, visit
https://www.otcmarkets.com/files/2021_OTCQX_Best_50.pdf.

The OTCQX Best Market offers transparent and efficient trading of established, investor-focused U.S. and global companies. To qualify for the OTCQX market, companies must meet high financial standards, follow best practice corporate governance, and demonstrate compliance with applicable securities laws.

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 Company’s other leading brands include Tornado® Brand stun guns and pepper spray, and Vigilant® Brand personal 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.

Contact:
Gary Medved
President and Chief Executive Officer
gmedved@mace.com


December 16th, 2020

Mace Security International, Inc. enters into Revolving Credit Agreement

Mace Security International, Inc. enters into Revolving Credit Agreement

CLEVELAND, Ohio, December 16, 2020 – Mace Security International (OTCQX: MACE) today announces that it has entered into a one-year $2.0 million Revolving Credit Agreement with Fifth Third Bank, National Association (“the Credit Agreement”) effective December 11, 2020. The Credit Agreement is secured by substantially all Company assets. The Credit Agreement provides for monthly interest payments at a rate equal to LIBOR plus 2%. Principal is due at maturity.

Gary Medved, president and CEO commented “though we entertained multiple term sheets, in the end we wanted to partner with Fifth Third Bank, a substantial provider of loans to companies in NE Ohio, and one of the largest national lenders”. Throughout the process, Fifth Third understood the level of experience the new management team has brought to Mace, and that understanding played a large role in our final decision. With our focus on future growth of the company, it is good to know we have a financial partner such as Fifth Third in our corner”.

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 Company’s other leading brands include Tornado® Brand stun guns and pepper spray, and Vigilant® Brand personal 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