Safety Concerns Drive Increased Sales for Mace® Brand Products Around the World
– International Sales Expected to be Up Approximately 77 Percent in Fourth Quarter 2015
– Concerns Over Safety Generate Surging Demand for Company’s Defense Sprays
CLEVELAND – (January 5, 2016) – Mace Security International, Inc. (OTCPINK: MACE) today announced a significant increase in customer demand for its iconic Mace® Brand defense sprays internationally. The company believes this is due to growing concerns about future uncertainty and increases in violent crime.
“As well documented in various media reports, anxiety is extremely high with the general public in Europe,” said Philip Pinol, chief executive officer of Brite Strike Technologies, SA, a Mace distributor in Europe. “Given the increased demand we saw in Paris at the MILIPOL security show this fall and what we expect to see in Nuremberg at the upcoming IWA security show, it’s clear the alternative Mace Brand products offer has struck a chord with consumers who want to be able to help defend themselves and their loved ones.”
“At Mace, we take great pride in providing customers with reliable, easy-to-use, personal protection products,” said John McCann, president and chief executive officer of Mace Security International, Inc. “We do not take lightly the faith people place in our products to help keep them and their loved ones safe and at a safe distance.”
The company projects international sales of the Mace Brand defense sprays in the fourth quarter of 2015 will be up nearly 77 percent compared to similar sales a year ago. Mace Security International, Inc. expects to report its consolidated fourth-quarter 2015 results late in the first quarter of 2016.
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.
Mace Security International 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, 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.
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Contact:
John J. McCann
President and Chief Executive Officer
440-424-5322
john@mace.com