Mace Security International, Inc. Enters the Pepper Launcher Market
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CLEVELAND, OH / ACCESSWIRE / January 23, 2024 / Mace Security International, Inc. (OTCQB:MACE), a globally recognized leader in personal safety products, is pleased to announce that it has entered into a Supply & License Agreement with Salt Supply, LLC, a manufacturer of pepper spray launchers, for a range of .68 caliber products, including the new s2 Pepper Launcher. The two featured products in the partnership are the s2 high-velocity 5-shot magazine launcher, and an ultra-potent Mace Brand pepper plus tear gas projectile, both with a range of 60 feet. When fired from the s2, or other compatible launchers, these projectiles break on-target releasing the non-lethal powder, immediately causing temporary blindness, breathing difficulty and severe distress. The s2 pepper launcher will be offered in a full kit that includes a variety of practice projectiles, a starter CO2 cartridge, and Mace Brand powered rounds all housed in a premium carry case. Additional CO2 cartridges, accessories and projectiles that feature the industry's first air-tight, tamper-evident, and child-resistant packaging will be available through this partnership. The target market for these products includes private security agencies, specialty retailers, gun owners and e-commerce consumers.
The company will be unveiling the product at SHOT Show 2024 in Las Vegas, on Tuesday, January 23rd, in the new product center and invite all interested parties to watch live via our YouTube channel starting at 9:00 am PST We also invite all SHOT show attendees to stop by booth #20459.
"Salt Supply, LLC, pioneered the consumer pepper launcher market almost a decade ago, said Sanjay Singh, Chairman and Chief Executive Officer of Mace. The agreement enables Salt and Mace Security International to sell the co-branded products to a largely unaddressed market. The company is excited about the potential synergies this partnership brings to our partners in the non-lethal safety and situational awareness training platform. The training instructors at US Lawshield and Legal Heat will be able to stock these devices as dealers and offer them for sale to consumers during training sessions. "
"While significant and growing, the pepper launcher market provides a meaningful opportunity for both companies to accelerate revenues. I would like to thank the team at Salt Supply as well as at Mace Security International, who have worked diligently in the past year to bring this game-changing product to market."
About Mace Security International, Inc.
Mace Security International, Inc. (Mace) is a globally recognized leader in personal safety and security. Based in Cleveland, Ohio, the company has spent more than 40 years designing and manufacturing consumer and tactical products for personal defense and security under its world-renowned Mace® Brand - the original trusted brand of defense spray products. The company also offers aerosol defense sprays and tactical products for law enforcement and security professionals worldwide through its Mace® Take Down® brand, KUROS® Brand personal safety products, Vigilant® Brand alarms, and Tornado® Brand pepper spray and stun devices. MACE® distributes and supports Mace® Brand products through mass market retailers, wholesale distributors, independent dealers, Amazon.com, Mace.com, and other channels. For more information, visit www.mace.com.
About Salt Supply, LLC
Salt Supply, LLC was created with the mission of helping keep the people you love safe by providing everyone access to the most forward-thinking personal safety technology available. Once reserved solely for military and law enforcement use, since 2014 Salt has made the enhanced protection of pepper launchers and projectiles available to consumers. Based in Fort Wayne, Indiana the company serves their consumer customers, and global military, police, and security customers directly and through their network of professional resellers. For more information visit www.saltsupply.com.
Forward-Looking Statements
Forward-Looking Statements 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, 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 Federal Private Securities Litigation Reform Act of 1995. Forward-looking statements are subject to several known and unknown risks and uncertainties that may cause our actual results, trends, performance or achievements, or industry trends and results, to differ materially from the future results, trends, performance, or achievements expressed or implied by such forward-looking statements. Those risks and uncertainties may include, but are not limited to, (a) general economic and business conditions, including the impact of the COVID-19 pandemic and other possible pandemics and similar outbreaks; (b) competition; (c) potential changes in customer spending; (d) acceptance of our product offerings and designs; (e) the variability of consumer spending resulting from changes in domestic economic activity; (f) a highly promotional retail environment; (g) any significant variations between actual amounts and the amounts estimated for those matters identified as our critical accounting estimates, as well as other significant accounting estimates made in the preparation of our financial statements; (h) the impact of current and potential hostilities in various parts of the world, including but not limited to the war which resulted from Russia's invasion of Ukraine, as well as other geopolitical or public health concerns; (i) the impact of international supply chain disruptions and delays; (j) the impact on the Company of changes in U.S. Federal and State income tax regulations; and (k) the impact of inflation and the ability of the Company to pass on rising prices to its customers. You are urged to consider all such factors. Because of the uncertainty inherent in such forward-looking statements, you should not consider their inclusion to be a representation that such forward-looking matters will be achieved. Mace Security International, Inc. assumes no obligation to update any such forward-looking statements to reflect actual results, changes in assumptions or changes in other factors affecting such forward-looking statements.
Contact:
Investor Relations
InvestorRelations@mace.com
SOURCE: Mace Security International, Inc.
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