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Microcap & Penny Stocks : MACE (Mace Security International)

MACE 0.0157

-6.5%

Dec 6 4:00 PM EST

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To: Bucky Katt who wrote (137)	4/23/1999 12:18:00 PM
From: J R KARY	Read Replies (1) of 143

MACE buys ICS , a INTERNET managed Car Wash Security System Mace is Innovative - yet another acquisition - easy to see $20/share " Mace Security International, Inc. (MSI) (Nasdaq:MACE - news) announced today that it has a binding agreement to purchase Innovative Control Systems, Inc. (ICS), the developer and manufacturer of the car wash industry's most powerful computerized integrated tunnel controller, point of sale, cash management and video monitoring system. The ICS system is Windows(TM)-based and linked through the internet. Louis D. Paolino, Jr., who is under an agreement to become MSI's Chairman and CEO, said the acquisition of Innovative Control Systems is a major initial step in his strategy to develop the nation's leading car wash company. Through this acquisition, MSI gains a complete ''real time'' cash management and security system which allows ''real time'' internet linked video monitoring of every car wash operation from anywhere in the world. " biz.yahoo.com Notice Mr Paolino's "initial step" comment . Jim K.

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