Michael E. Smith Is Elected to the Board of Directors of Mace Security International, Inc.
September 27 2010 - 3:30PM
Business Wire
Mace Security International, Inc. ("Mace" or the “Company”)
(Nasdaq Global: MACE) announces the election of Michael E. Smith to
the Mace Board of Directors.
Mr. Smith is an independent consultant and the founder of
Chesterbrook Growth Partners which provides companies in the
security, RFID, auto-identification and electronic components
industries with strategic assessment and implementation advice for
revenue and profit enhancement. Michael has developed and directed
several organizations in advanced technologies worldwide.
Prior to Chesterbrook, Michael spent over 14 years with
Checkpoint Systems, Inc. (“Checkpoint”), a leading developer and
manufacturer of security systems including EAS, Access Control,
RFID, CCTV, Fire/Burglary systems and Label Imprinting equipment.
In Michael’s earlier years as Senior Vice President, he led
worldwide marketing efforts and launched Checkpoint’s direct sales
and operations activities in Europe. As Executive Vice President,
he ran worldwide operations and also managed Checkpoint’s Security
System Group and Access Control Product Group. Michael became
President and CEO of Checkpoint in 2001. Through Michael’s tenure
and leadership at Checkpoint over his 14 year career, revenues grew
from $35 million to over $650 million through a combination of
internal growth and key acquisitions.
Dennis Raefield, CEO and President of Mace, stated, “As Mace
continues its focus on being a pure security industry operation, we
are excited to have Michael join our Board of Directors. His
previous security industry experience and broad management skills
add additional security bench strength to our team. I have already
benefited from great assistance and insight from Michael’s
participation in the Boardroom. We are excited about Michael’s
continued contributions to Mace.”
About Mace
Mace Security International, Inc. is a manufacturer of personal
defense and electronic surveillance products marketed under the
famous brand name Mace®, and the owner and operator of a wholesale
central monitoring station. 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, our ability to compete with
competitors, dilution to shareholders, and limited capital
resources. A discussion of factors that could materially adversely
affect the Company’s financial performance and cause actual results
for future periods to differ materially from the statements
expressed within this press release, and management's opinions
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 also be read in
conjunction with the financial statements and notes contained in
Mace’s annual reports on Form 10-K, quarterly reports on Form 10-Q
and current reports on Form 8-K.
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