Mace Security International Introduces Its New Digital Video RecorderSeries with MPEG-4 Technology
MOUNT LAUREL, N.J., Apr 12, 2004 (BUSINESS WIRE) -- Mace Security International, Inc. ("Mace") (Nasdaq:MACE), a manufacturer and marketer of security products, today announced the introduction of its new digital video recorder (DVR) product line, the Mace 2004 DVR Series.
NEW TECHNOLOGICAL FEATURES
-- MPEG-4: high compression format having faster broadband digital streaming over the Internet (real-time and recorded images).
-- User-Friendly Interface: recorded or real-time video images can be viewed on the Windows platform without specialized software.
-- System Integration: camera and DVR feeds can go directly into a central alarm monitoring system.
-- Internal CD Burner (CDRW): hard drive space can be directly copied to a digital compact disc for external storage and transportation to law enforcement agencies.
-- Audio and Video Recording: real-time synchronized audio and video are recorded on all channels at 30 frames per second.
"We presented our Mace 2004 DVR Series last week at the International Security Conference West. The new features of the Mace 2004 DVR Series were praised at the conference. Mace believes that the products in this line are superior to the other digital video recording products offered by competitors," states the Company. "The Company also plans to introduce other new surveillance products to its dealer and distributors this year. Mace is focused on becoming a leader in the surveillance industry."
The Mace 2004 DVR Series contains four different models:
-- a Four-Channel MPEG-4 DVR w/CDRW;
-- a Four-Channel MPEG-4 Non-Real-Time DVR;
-- an Eight-Channel MPEG-4 DVR w/CDRW; and
-- a 16-Channel MPEG-4 DVR w/CDRW.
Mace's new series of DVRs is a substantial refinement from its earlier models. The new models incorporate the latest technology, and have had extensive quality control and product testing. The Company tested over two hundred of its new DVRs in the field to insure the stability and reliability of its new models. The new DVRs contain high-tech recording features such as simultaneous live or playback viewing on-site or via the Internet (with the option of isolating and zooming in on any particular area of interest). Three of the four Mace 2004 DVRs have an internal CD burner, which allows a user to free hard drive space and record data to a digital compact disc for transport to a storage facility or to law enforcement authorities. Mace's new DVRs also contain advanced web, system integration and synchronized audio and video recording features that are superior to many competing products.
All of Mace's digital video recorders offer the following advanced features: front-panel controls; remote viewing and configuration of camera images through the internet; pan tilt zooming; expandable storage from 80 GB to two terabytes (self-formatting); triplex operation allowing simultaneous viewing of live events, recording and searching of recorded images; high resolution images; and video motion detection (recording only when motion is detected).
Mace Security International, Inc. is a manufacturer of less-than-lethal defense sprays and electronic security products, as well as a marketer of safety and security products worldwide. Mace is also a provider of car care services. Additional information about Mace is available at 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", "intends 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, lack of capital, the effects of weather on the demand for car care services, the effects of rapid growth upon the Company and the ability of management to effectively respond to the growth, its ability to achieve operating synergies, its ability to compete, regulatory matters, the effects of competition, and the ability of the Company 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 for 2001, Form 10-K for 2002, Form 10-K for 2003, Form 10-Q for the quarter ended March 31, 2002, Form 10-Q for the quarter ended June 30, 2002, Form 10-Q for the quarter ended September 30, 2002, Form 10-Q for the quarter ended March 31, 2003, Form 10-Q for the quarter ended June 30, 2003, and Form 10-Q for the quarter ended September 30, 2003. 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.
SOURCE: Mace Security International, Inc.
CONTACT: Mace Security International, Inc., Mount Laurel Eduardo Nieves, Jr., 856-778-2300 www.mace.com
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