Mace Signs Agreement to Sell an Exterior-Only Car Wash in PA and Sold an Exterior-Only Car Wash in NJ.

FORT LAUDERDALE, Fla. -- Mace Security International, Inc. ("Mace") (Nasdaq: MACE), a manufacturer of electronic surveillance and personal defense products and an owner and operator of car wash facilities, today announced that it signed a definitive purchase agreement to sell an exterior-only car wash in Philadelphia, Pennsylvania for $475,000. The net book value of the operating assets at the time of this press release was approximately $319,000. This site is owned, and operated at a pre-tax loss in 2006. This transaction is expected to close during the first quarter of 2007.

Mace also announced that it sold an exterior-only car wash in Moorestown, New Jersey for $350,000 in cash. The net book value of the operating assets at closing was approximately $346,000. Moorestown Car Wash was an owned location, and operated at a pre-tax loss in 2006.

There are four remaining exterior-only car washes for sale in Mace's northeast region. Mace also has car washes for sale in Texas and Florida. For more information, please contact our corporate headquarters at 856-778-2300.

Mace continues to explore the sale of its remaining car washes with the goal of using the proceeds to fund further expansion of its Security Segment.

Mace Security International, Inc. is a manufacturer of electronic surveillance and personal defense products, and an owner and operator of car wash facilities. Information about Mace and becoming a Mace Authorized Dealer is available at www.mace.com. The Company's consumer e-commerce web site is www.macecatalog.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, 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.