Mace Security Products Becomes Exclusive Distributor Of Sabrafence™ Perimeter Detection Technology
Horsham, PA, January 5, 2010 — Mace Security International, Inc. (“Mace” or the “Company”) (NASDAQ Global: MACE) today announced its subsidiary, Mace Security Products, Inc., has reached agreement with SabraFence Technologies Ltd. to become the exclusive North American distributor of SabraFence™ products.
SabraFence Technologies Ltd., based in Israel, provides perimeter detection systems for commercial, private, industrial and governmental applications. Sabra Fence™ is a new technology utilizing multiple sensing transducers for perimeter and security systems. Designed as enhanced protection against terrorists, SabraFence™ provides more accurate and lower cost perimeter detection for commercial and residential applications as well.
Mace’s addition of SabraFence™ brings another quality product to the well-respected Mace line of security and surveillance systems, providing intrusion and event detection by vibration, temperature and even magnetic triggers. The system is capable of pinpointing events to within a few feet.
“We welcome SabraFence to the Mace family of security products,” said Mace CEO Dennis Raefield. “This high-quality yet affordable technology is a perfect fit to our all-encompassing protection architecture, bringing a perimeter detection and intrusion component to our expanded portfolio of camera systems, DVRs, access control and central monitoring.”
The systems will be available exclusively through Mace in the U.S., Canada, the Caribbean and most of Central America. Mace will also distribute the products in Mexico and South America. The product line will include all components necessary to install the systems, from perimeter cable and sensors to central control units. Mace plans to introduce this new technology at FenceTech 2010/Orlando in February and ISC West in March.
“The present global security situation increases the demand for outdoor perimeter security and enhanced protection of critical infrastructure. SabraFence™ Multi-Sensing Technology (MST) allows the commercial, industrial and private markets access to a cutting edge product to meet this demand.” stated Arie Kalo, Director for Sabra Fence Technologies Ltd. “We are very excited about the opportunity to introduce our new technology through this new Mace partnership. Mace’s excellent brand recognition and reputation provides a great opportunity for SabraFence.”
About Mace
Mace Security International, Inc. is a manufacturer of personal defense and electronic surveillance products marketed under the famous brand name, Mace®. 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. The Company’s remaining car washes are located in Texas. Mace’s web site is http://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 the final results of the independent investigation, the determination of the Panel with respect to the Company’s request for an exception to Marketplace Rule 4310(c)(14), the impact on trading in the Company’s common stock if the exception is not granted and the Company’s common stock is delisted, 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.