Mace Security International is in Compliance With Nasdaq and is Not Subject to Being Delisted

    MOUNT LAUREL, N.J., May 14 /PRNewswire/ -- Mace Security International,
 Inc. ("Mace") (Nasdaq:   MACE), a leading provider of car care services, today
 announced that on May 11, 2001, it was advised by Nasdaq that it was in
 compliance with Market Place Rule 4450 (a)(5) and was not subject to being
 delisted.
     On April 19, 2001, the Company was advised by Nasdaq that its common stock
 had failed to trade above one dollar for thirty consecutive business days, and
 was therefore not in compliance with Marketplace Rule 4450(a)(5) of the Nasdaq
 National Market.  Nasdaq advised the Company that it had until July 18, 2001
 to maintain a bid price of at least one dollar for ten consecutive business
 days or be delisted.  The Company maintained a minimum bid price of at least
 one dollar for ten consecutive business days ending May 4, 2001.  On May 11,
 2001, the Company was advised by Nasdaq that it was in compliance with Market
 Place Rule 4450(a)(5) and was not subject to being delisted.
     Mace Security International, Inc. is a leading provider of car care
 services, which owns and operates 56 car washes and five truck washes
 nationwide.  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, its ability to maintain the control of the Company's
 cash business, 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 and Form 10-KSB for 2000.
 
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SOURCE Mace Security International

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