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EXERCISE OF 225,000 SHARE OVERALLOTMENT OPTION OF MACE SECURITY INTERNATIONAL INC. COMMON STOCK

 NEW YORK, Dec. 9 /PRNewswire/ -- Mace Security International, Inc. (NASDAQ: MACE) announced today the issuance and sale of 225,000 shares of its common stock pursuant to the exercise of the overallotment option granted to the underwriters in connection with the company's initial public offering that commenced on Nov. 12, 1993. The option was exercised by C.L. King & Associates, Inc. as representative of the underwriters. The company now has outstanding 6,225,000 shares.
 Mace Security International, Inc. is a developer, manufacturer, and marketer of personal security products and a well known supplier of non-lethal self-defense sprays to the civilian and law enforcement markets. The company sells its Mace brand and other brand products through a network of approximately 50 manufacturers' representative organizations and through its in-house sales force to over 25,000 retail locations nationwide.
 Mr. Goodrich, president and chief executive officer, stated: "With proceeds from the offering, Mace Security International intends to accelerate its marketing and distribution efforts as well as expand its product line through development and acquisitions."
 -0- 12/9/93
 /CONTACT: John M. Ahearn of Mace Security International, 802-447-1503, or Robert H. Paul of C.L. King & Associates, 518-436-3415/
 (MACE)


CO: Mace Security International Inc. ST: New York IN: HOU SU: OFR

JL -- NE012 -- 2396 12/09/93 17:30 EST
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Publication:PR Newswire
Date:Dec 9, 1993
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