Mace Announces 2018 Annual Shareholders Meeting Voting Results

Mace Security International, Inc. (OTCQX: MACE) today announced
shareholder voting results for its Annual Shareholders’ Meeting.
Approximately 73.11% of all outstanding shares were present or
represented by proxy or ballot at the meeting.

The Company reported that shareholders approved the election of each of
Mace’s 7 director nominees to serve until the 2019 Annual Shareholders’
Meeting. Each director nominee received affirmative votes from
approximately 93.21 percent or more of the shares voted, excluding
abstentions and broker non-votes. The results are as follows:

Shareholders also ratified the appointment of Skoda Minotti & Co. as
Mace’s independent public accounting firm for fiscal year 2018, with
affirmative votes from approximately 99.80% of the shares that were
present in person or represented by proxy at the meeting and entitled to

During the meeting, Mace President and CEO John McCann provided
shareholders with an overview of the market, products, and financial
results for the first quarter ending March 31, 2018. Mr. McCann
commented, “In the First Quarter, Mace achieved a 38% increase in
revenues coupled with a 48% increase in gross profits so the trend lines
are strong for the company. We are excited about the additions to our
board of directors who will assist the company in achieving even greater

The Company also provided shareholders present at the meeting the
opportunity to view a Bonus Agreement between the Company and two
Director Advisors, and Voting Agreements between MACNFAC, LLC a
subsidiary of Roll-Kraft, Inc., owning approximately 20% of the
Company’s outstanding shares, and Ancora Advisors, LLC, Richard Barone,
and Denis Amato. These agreements, the material terms of which were
previously disclosed on the OTCQX and in the Company’s press release
dated March 12, 2018, are available for shareholder viewing in their
entirety at Mace’s headquarters located at 4400 Carnegie Avenue,
Cleveland, OH 44103.

About Mace Security International, Inc.

Mace Security International Inc. is a globally recognized leader in
personal safety and security. Based in Cleveland, Ohio, the Company
designs and manufactures consumer and tactical products for personal
defense, security and surveillance under its world-renowned Mace® Brand
– the original trusted brand of pepper spray products and Vigilant®
Brand alarms, the world-wide leader and number one recognized brand in
personal alarms. The Company also offers aerosol defense sprays and
tactical products for law enforcement and security professionals
worldwide through its Mace® and Take Down® brands.

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

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