
Company Website:
http://www.mace.com
HORSHAM, Pa. -- (Business Wire)
Mace Security International, Inc. ("Mace” or the “Company”) (OTCQB:
MACE) announced that Daniel V. Perella has been appointed as a director
of the Company. The appointment was made by the unanimous vote of the
Company's Board of Directors to fill a board vacancy, and was effective
on January 12, 2012. With the appointment of Mr. Perella, the Company
has five (5) directors.
Mr. Perella has over 20 years experience and success in developing and
marketing consumer products. For the most recent ten years, Mr. Perella
has been a Co-Founding Partner and the Chief Operating Officer of
IdeaStream Consumer Products, LLC., a privately owned company that
develops and markets consumer products such as home and office
organizational filing products and protective storage cases for such
items as files, CDs, laptops and other personal items.
Richard A. Barone, Mace’s Chairman of the Board, stated, “We are excited
to have Mr. Perella join our Board of Directors. Mr. Perella brings to
the board valuable hands-on experience and innovative ideas for
developing and marketing our Mace personal defense and other consumer
products. Mr. Perella's experience will be a valuable asset that will
help the Company maximize its well-known Mace brand as a powerful engine
for future growth. It is Mace's continued goal to establish itself as
the premier consumer personal defense brand."
The Company's recently appointed Chief Executive Officer, John McCann,
stated that, "I am looking forward to having available to me Dan’s
creativity and extensive marketing experience."
In August 2011, Mace received funding through a rights offering to
shareholders and an investment by Merlin Partners, LP. With the funding
from the rights offering and the right sizing of the Company, Mace
enters 2012 with a strong working capital position, virtually no debt,
and a management team focused on achieving profitability and shareholder
value.
About Mace
Mace Security International, Inc. (OTCQB:MACE) is a manufacturer of
personal defense and electronic surveillance products marketed under the
famous brand name Mace®, and the owner and operator of a wholesale
central monitoring station. 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, our ability to
compete with competitors, dilution to shareholders, and limited capital
resources. A discussion of factors that could materially adversely
affect the Company’s financial performance and cause actual results for
future periods to differ materially from the statements expressed within
this press release, and management's opinions, 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 also be read in conjunction with the financial statements and
notes contained in Mace’s annual reports on Form 10-K, quarterly reports
on Form 10-Q and current reports on Form 8-K.

Contacts:
Mace Security International, Inc.
Gregory M. Krzemien, Chief
Financial Officer
267-317-4009
greg@mace.com
Source: Mace Security International, Inc.
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