Mace gets NASDAQ repreive

SSN Staff  - 
Tuesday, August 1, 2006

MOUNT LAUREL, N.J.--Mace Security International, owners of car washes and manufacturers of electronic security hardware, announced in July that NASDAQ will allow the company to remain listed on the exchange provided delayed earnings reports for 2005 and 1Q 2006 are filed by Aug. 15.
In other news, Mace has announed the sale of its Deptford, N.J., car wash for $1 million, and a signed agreement for the sale of another in Norristown, Penn., for $2 million. Mace is currently in the middle of closing another deal in Arizona for the sale of 12 car washes for a total of $19.5 million. The company still owns 34 car washes.