Mace Security International Signs Two Agreements to Sell Products in Ireland & the United Kingdom Valued at $17.6 Million in Sales over Six Years

MOUNT LAUREL, N.J.--March 15, 2005--Mace Security International, Inc. ("Mace") , a manufacturer of electronic surveillance and personal defense products and an owner and operator of car and truck wash facilities, today announced that it signed two separate exclusive agreements with Brandchain, LLC ("Brandchain") to purchase for re-sell Mace electronic surveillance products in Ireland ("Ireland Agreement") and the United Kingdom ("UK Agreement").

Pursuant to the terms of the Ireland Agreement, Brandchain has the exclusive right to sell Mace's electronic surveillance products in Ireland. Brandchain is required to purchase a minimum of $600,000 of products annually for each calendar year through 2010. Brandchain has already issued its first $600,000 purchase order, and as required by the agreement, Mace has received $200,000 as partial payment with the balance to be paid upon delivery of the products ordered.

Pursuant to the terms of the UK Agreement, Brandchain has exclusive rights to sell Mace's electronic surveillance products in the United Kingdom. In 2005, there is no minimum purchase requirement. In 2006, Brandchain is required to provide Mace with minimum purchases of $2.0 million. During the calendar years of 2007 through 2010, Brandchain is required to provide Mace with minimum annual purchases of $3.0 million.

Managing Director of Brandchain, LLC, Flor Griffin, said, "Having thoroughly researched all CCTV and electronic surveillance business opportunities in Europe and North America, we chose to partner with Mace Security International. Mace offers the broadest range of top quality and technologically sound electronic surveillance products for both the residential and commercial markets. We are very excited to introduce the Mace brand into the European market."

Brandchain is an appliance and electronics distributor in Ireland and sells products throughout Europe. Mace is excited to have overseas sales and is very pleased to have Brandchain selling Mace products in Ireland and the United Kingdom.

Mace Security International, Inc. is a manufacturer of electronic surveillance and personal defense products, and an owner and operator of car and truck wash facilities. 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", "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, dilution to shareholders, limited capital resources, the effects of weather on the demand for car care services, the effects of rapid growth on the Company and the ability of management to effectively respond to that growth, our ability to achieve operating synergies, our ability to compete against established competitors, regulatory matters, the effects of competition, and our ability 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 2002, Form 10-K for 2003, Form 10-Q for the quarter ended March 31, 2003, Form 10-Q for the quarter ended June 30, 2003, Form 10-Q for the quarter ended September 30, 2003, Form 10-Q for the quarter ended March 31, 2004, Form 10-Q for the quarter ended June 30, 2004 and Form 10-Q for the quarter ended September 30, 2004. 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.