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Mace Security International 1Q 2010 Earnings Call Transcript

Mace Security International Inc. (MACE)

1Q 2010 Earnings Call

May 19 2010, 11:00 AM ET


Don Taylor - Vice President, Marketing & Investor Relations

Dennis Raefield - CEO and President

Greg Krzemien - Chief Financial Officer


Andrew Shapiro - Lawndale Capital Management



Good morning. My name is (Theresa) and I will be your conference operator today. At this time, I would like to welcome everyone to the first quarter 2010 financial results conference call for Mace Security International. All lines have been placed on mute to prevent any background noise.

After the speakers' remarks, there will be a question and answer session. If you would like to ask a question at that time, simply press star and then the number one on your telephone keypad. If you would like to withdraw your question, press the pound key. Thank you.

Mr. Don Taylor, you may begin your conference.

Don Taylor

Thank you, (Theresa). Welcome to Mace Security International's first quarter investor conference call. I am Don Taylor. I'm Mace's vice president for Marketing Investor Relations. Also, on today's call, is Mace's chief executive officer and president, Dennis Raefield; Mace's chief financial officer, Greg Krzemien.

On today's call, Greg Krzemien will discuss the financial results for the quarter and Dennis Raefield will discuss the market trends, business conditions and company plans. Before I turn the call over the call to Greg, there are some housekeeping matters that we must address.

Certain statements and information during this conference call will constitute forward-looking statements within the meaning of the Federal Private Securities Litigation Reform Act of 1995. When used during the conference call, the words or phrases "will likely result," "are expected to," "will continue," "is anticipated," "estimate," "projected," and "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 subjected to certain risks, known and unknown, and uncertainties including but not limited to economic conditions, limit of capital resources, and the ability of management to effectively manage the business and integrate required business. Such factors could materially adversely affect Mace's financial performance and could cause Mace's actual results for future periods to differ materially from any opinions or statements expressed during this call. Additional discussions of factors that could actual - could cause actual results to differ materially from management's projected forecasts, estimates, and expectations are contained under the heading "Risk Factors" in Mace's SEC filings which include its registration statements and its periodic reports on Form 10-K and Form 10-Q.

All statements made during the conference call should also be considered in conjunction with the financial statements and notes contained in Mace's annual reports on Form 10-K and quarterly reports on Form 10-Q. Access to these reports can be generated on its website Please click on the Investor Relations button.

With that, I would like now to turn the call over to Greg Krzemien.

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