Mace Security Partners With Xanboo, Inc.
Mace Security International, Inc. (“Mace” or the “Company”) (Nasdaq Global:MACE) today announced that it has partnered with Xanboo, Inc., allowing its nationwide network of Mace Security Products’ and Central Station Monitoring dealers the capability to install and integrate security devices utilizing Xanboo’s patented technology. Mace Security Products has been appointed as a nationwide distributor of Xanboo hardware and Mace CSSS, Inc. can offer its monitoring customers the added service of video and alarm monitoring utilizing the remote Xanboo web portal and platform.
Xanboo Security Enhanced Services enables remote monitoring and access to devices in a home or business via the internet or web-enabled mobile phone. This provides live streaming video, simultaneous control of multiple CCTV cameras, and access recorded video with DVR technology.
“We are very excited that a leader in the industry like Mace has made the decision to join the growing list of partners that now offer Xanboo Security Enhanced products,” said Bill Diamond, CEO and Co-Founder of Xanboo. “We look forward to working with the Mace team to make our Interactive services available to their dealers.”
Peter P. Giacalone, President of Mace Security Services, stated: “Adding the Xanboo Enhanced Security Solution strengthens our support to our dealers, affording them a more diverse approach to the market that includes integrating Xanboo with a variety of name brand professional intrusion systems through virtual keypads.”
Dennis Raefield, CEO of Mace Security International, Inc. further stated, “We are now in a unique position to offer our dealers and their customers a complete package when it comes to home and business security. We will provide not only the product supply and service, but dealer support and real-time monitoring.”
About Xanboo
Since 1999, Xanboo has offered Smart Home and Business Management Systems with real-time device access and control. Xanboo provides an end-to-end technology platform that enables users to control and monitor their homes or businesses from anywhere in the world. Serving the energy, healthcare, security, home healthcare and small business markets, Xanboo Inc. designs and engineers all hardware and software, including video cameras, sensors, and control devices.
About Mace
Mace Security International, Inc. is a manufacturer of personal defense and electronic surveillance products marketed under the famous brand name, Mace®, and is an owner and operator of a wholesale central monitoring station. The Company also operates a Digital Media Marketing and e-commerce business. In addition, Mace owns and operates car washes, and has previously announced that it is exiting this segment of its business. 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, dilution to shareholders, limited capital resources, the effects of weather on the demand for car care services, the effects of rapid growth on Mace and the ability of management to effectively respond to that growth, our ability to achieve operating synergies, our ability to compete against established competitors, regulatory matters, the effects of competition, and our ability to obtain additional financing. Such factors could materially adversely affect Mace’s financial performance and could cause Mace’s actual results for future periods to differ materially from any opinions or statements expressed within this press release. Additional discussion of factors that could cause actual results to differ materially from management’s 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 be read in conjunction with the financial statements and notes contained in Mace’s annual reports on Form 10-K and quarterly reports on Form 10-Q.