Mace Security Partners with Xanboo, Inc.
August 20 2009 - 8:30AM
Business Wire
Mace Security International, Inc. ("Mace" or the “Company”)
(Nasdaq Global:MACE) today announced that it has partnered with
Xanboo, Inc., allowing its nationwide network of Mace Security
Products’ and Central Station Monitoring dealers the capability to
install and integrate security devices utilizing Xanboo’s patented
technology. Mace Security Products has been appointed as a
nationwide distributor of Xanboo hardware and Mace CSSS, Inc. can
offer its monitoring customers the added service of video and alarm
monitoring utilizing the remote Xanboo web portal and platform.
Xanboo Security Enhanced Services enables remote monitoring and
access to devices in a home or business via the internet or
web-enabled mobile phone. This provides live streaming video,
simultaneous control of multiple CCTV cameras, and access recorded
video with DVR technology.
“We are very excited that a leader in the industry like Mace has
made the decision to join the growing list of partners that now
offer Xanboo Security Enhanced products," said Bill Diamond, CEO
and Co-Founder of Xanboo. “We look forward to working with the Mace
team to make our Interactive services available to their
dealers.”
Peter P. Giacalone, President of Mace Security Services, stated:
“Adding the Xanboo Enhanced Security Solution strengthens our
support to our dealers, affording them a more diverse approach to
the market that includes integrating Xanboo with a variety of name
brand professional intrusion systems through virtual keypads.”
Dennis Raefield, CEO of Mace Security International, Inc.
further stated, “We are now in a unique position to offer our
dealers and their customers a complete package when it comes to
home and business security. We will provide not only the product
supply and service, but dealer support and real-time
monitoring.”
About Xanboo
Since 1999, Xanboo has offered Smart Home and Business
Management Systems with real-time device access and control. Xanboo
provides an end-to-end technology platform that enables users to
control and monitor their homes or businesses from anywhere in the
world. Serving the energy, healthcare, security, home healthcare
and small business markets, Xanboo Inc. designs and engineers all
hardware and software, including video cameras, sensors, and
control devices.
About Mace
Mace Security International, Inc. is a manufacturer of personal
defense and electronic surveillance products marketed under the
famous brand name, Mace®, and is an owner and operator of a
wholesale central monitoring station. 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. 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.
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