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Microcap & Penny Stocks : MACE (Mace Security International) -- Ignore unavailable to you. Want to Upgrade?


To: Bucky Katt who wrote (137)4/20/1999 11:07:00 AM
From: J R KARY  Respond to of 143
 
WMI Waste Mgmt President/COO joins MACE's board , deja vu back again ?

" Mace Security International, Inc. (''MSI'') (Nasdaq: MACE - news) today announced that:

Rodney R. Proto, President and Chief Operating Officer and a
Director of Waste Management, Inc. (''WMI''), will join the Board of
Directors of Mace Security International,
Inc. upon consummation
of the previously announced transactions with Louis D. Paolino,
Jr.
"

biz.yahoo.com

" commenting ... Louis D. Paolino, Jr. and Jon E. Goodrich, President and CEO, said, ''Rod Proto will bring an enormous amount of experience and knowledge to our plans to develop MSI into the nation's largest car wash company and distributor of personal and home safety and security products.

His experience in building and operating Waste Management, a bmulti-billion dollar international company, will be priceless as we
execute an aggressive growth strategy.'' "
------------

Mr Paolino's EESI , which was bought by WMI , went from $1.50/shr to over $38 - History repeats itself ?

Jim K.



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