Mace Security International Hires Experienced IBM Sales Professional as Its New Security Division President

HORSHAM, Pa.--(BUSINESS WIRE)--Mace Security International, Inc. ("Mace" or the “Company”) (Nasdaq Global:MACE) today announced that it has hired John O’Leary as its Security Division President. Mr. O’Leary commenced his duties with Mace on November 17, 2008. He replaces Devin Benjamin, who left the Company on September 30, 2008.

Mr. O’Leary was previously the Security and Privacy Leader of IBM Global Services. Prior to his IBM position, Mr. O’Leary had served as Vice President of Sales of Rosslare Security Products, Inc. and Vice President of Sales of Honeywell Access Systems, Inc., a division of Honeywell, Inc.

“I am excited to have Mr. O’Leary join Mace,” said Dennis Raefield, President and CEO of Mace. “He has a strong sales background, and he has experience in the security industry. John and I have successfully worked with each other in the past, and his experience fits perfectly with my goal of raising the Company’s top line revenue and growing Mace into a security industry leader. I look forward to working with him.”

Mr. O’Leary has over 35 years of business experience, and he has successfully managed the sales growth of companies with more revenue than Mace. He has a Business Management Degree from Marist College.

About Mace

Mace Security International, Inc. is a manufacturer of personal defense and electronic surveillance products marketed under the famous brand name, Mace®. The Company also operates a Digital Media Marketing and e-commerce business. In addition, Mace owns and operates car washes, and has previously announced that it is exiting this segment of its business. The Company’s remaining car washes for sale are located in Texas. 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, 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.