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Mace Security International Develops & Introduces a New Less-Than-Lethal Personal Defense Device for Civilian, Law Enforcement & Military Use.


MOUNT LAUREL, N.J. -- Mace Security International, Inc. ("Mace") (Nasdaq:MACE), a manufacturer of electronic surveillance and personal defense products and an owner and operator of car and truck wash facilities, today announced the introduction of a new less-than-lethal personal defense device for civilian, law enforcement and military use.

Mace's new advanced product is a sticky gel that has a 10% pepper formulation. The sticky gel can be contained in various sized canisters, and is propelled out of the canister by compressed air compressed air, air whose volume has been decreased by the application of pressure. Air is compressed by various devices, including the simple hand pump and the reciprocating, rotary, centrifugal, and axial-flow compressors. . The product is a less-than-lethal personal defense device that has the ability to neutralize neutralize

to render neutral.
 an assailant from up to 25 feet away. Mace believes that there are no other less-than-lethal personal defense devices on the market, including a stun gun stun gun, hand-held electronic device that produces a high-voltage pulse that can immobilize a person for several minutes with no permanent damage in most cases. , Taser(R) (1) and similar weapons, with the ability to neutralize an assailant from this distance.

The new product, which will be called Mace Gel(TM) in the civilian market and Pepper Gel(TM) in the law enforcement and military market, has been tested and will be launched into the marketplace this quarter. Mace's tests have concluded that its new gel defense device will not be ignited ig·nite  
v. ig·nit·ed, ig·nit·ing, ig·nites

v.tr.
1.
a. To cause to burn.

b. To set fire to.

2. To subject to great heat, especially to make luminous by heat.
 by a stun gun, Taser(R) (1) and similar weapons. This is an important feature for law enforcement and military agencies currently utilizing electronic weapons.

The new product has a unique formulation because it is suspended in a gel instead of a liquid stream. The gel formulation results in several new advantages.

NEW ADVANTAGES

--Longer Distance: The new product's spray distance has increased to up to 25 feet. (Conventional aerosol sprays Aerosol spray is a type of dispensing system which creates an aerosol mist of liquid particles. This is used with a can or bottle that contains a liquid under pressure. When the container's valve is opened, the liquid is forced out of a small hole and emerges as an aerosol or mist.  travel up to approximately 15 feet in distance. Most Taser(R) (1) devices shoot up to 21 feet and two darts must stick into an assailant to be effective. Stun guns are only effective at an arms-length distance.)

--Price: Less expensive than electronic less-than-lethal personal defense devices in the marketplace.

--Shelf Life: Lasts up to three years. (No batteries are necessary. Electronic weapons must be powered by batteries.)

--Sticks Like Glue: The gel formula sticks to the face of an assailant leaving them temporarily blinded, which allows for safe detaining by law enforcement and military officials, and/or a safe escape by civilians.

--Super Powerful 1.4% Capsaicinoid Concentration (non-toxic): The new product is hotter than other pepper sprays on the market. The unit is non-toxic and only causes temporary discomfort.

--Non-Flammable: This feature will allow police officers to use Pepper Gel(TM) in conjunction with the use of a stun gun, Taser(R) (1) and similar weapons.

--Less Contaminating con·tam·i·nate  
tr.v. con·tam·i·nated, con·tam·i·nat·ing, con·tam·i·nates
1. To make impure or unclean by contact or mixture.

2. To expose to or permeate with radioactivity.

adj.
: The gel formula is ideal for indoor use and minimizes cross-contamination. This is important because streaming pepper sprays can contaminate con·tam·i·nate
v.
1. To make impure or unclean by contact or mixture.

2. To expose to or permeate with radioactivity.



con·tam·i·nant n.
 a home, mall, hospital, business, prison cell or police car with an uncomfortable pepper scent that will take several hours to dissipate dis·si·pate  
v. dis·si·pat·ed, dis·si·pat·ing, dis·si·pates

v.tr.
1. To drive away; disperse.

2.
. The gel formula allows an assailant to be sprayed without contaminating the entire area. The pepper scent sticks to the affected area as it is suspended in the gel.

--Easy Decontamination decontamination /de·con·tam·i·na·tion/ (de?kon-tam-i-na´shun) the freeing of a person or object of some contaminating substance, e.g., war gas, radioactive material, etc.

de·con·tam·i·na·tion
n.
: The gel allows for easy and quick decontamination of an assailant by using soap and water or a decontamination spray.

Mace Security International, Inc. is a manufacturer of electronic surveillance and personal defense products, and an owner and operator of car and truck wash facilities. More information about Mace is available at www.mace.com.

(1) Taser(R) is a registered trademark of Taser International TASER International, Inc. (NASDAQ: TASR) is a developer, manufacturer, and distributor of less-lethal[1] electroshock guns in the United States. It is based at Scottsdale, Arizona, USA. It makes Tasers, the most common brand of electroshock gun. , Inc.

Certain statements and information included in this press release constitute "forward-looking statements forward-looking statement

A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections.
" within the meaning of the Federal Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and  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 the Company 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 the Company's financial performance and could cause the Company'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 in the Company's SEC filings, including its S-3 registration statements, Form 10-K Form 10-K

A report required by the SEC from exchange-listed companies that provides for annual disclosure of certain financial information.


Form 10-K

See 10-K.
 for 2002, Form 10-K for 2003, Form 10-Q Form 10-Q

See 10-Q.
 for the quarter ended March 31, 2003, Form 10-Q for the quarter ended June 30, 2003, Form 10-Q for the quarter ended September 30, 2003, Form 10-Q for the quarter ended March 31, 2004, and Form 10-Q for the quarter ended June 30, 2004. This press release should be read in conjunction with the financial statements and notes contained in the Company's annual report on Form 10-K and the Company's quarterly reports on Form 10-Q.
COPYRIGHT 2004 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2004, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Geographic Code:1USA
Date:Oct 26, 2004
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