In an effort to combat the rapidly growing levels of piracy and armed robbery against ships around the world, Mace Personal Defense, Inc. a wholly owned subsidiary of Mace Security International, Inc. (OTCQB: MACE) has formed an alliance with Shipboard Defense Systems, Inc. to develop The Shipboard Defense System, a defensive on-board system to repel pirates. The Shipboard Defense System is designed with 300 gallon pressurized tanks that include loop piping installed around a vessel allowing for 100 feet of defensive zones each. When activated, the system disperses a "RAINSTORM" Mace® pepper spray. The Mace® liquid contained in the Shipboard Defense system is formulated with 10% non-flammable OC pepper formula that is effective against those with decreased sensitivity to pain. This specific Mace® formulation is also environmentally friendly as it is non-ozone depleting. The Shipboard Defense System comes at a challenging time for the maritime community. Although piracy has existed for centuries, the seas have seen a marked increase in piracy over the past few years. According to the International Maritime Bureau’s (IMB) Piracy Reporting Center, “More people were taken hostage at sea in 2010 than in any year on record.” The statistics for 2010 piracy rates are staggering; Ships reported 445 attacks in 2010, up 10% from 2009. Don West, President of Shipboard Defense Systems, stated “The Shipboard Defense System could potentially help the maritime industry save billions of dollars that are paid in ransom, insurance and other overhead costs associated with piracy each year.” A report compiled by US-based think-tank One Earth Future, states “maritime piracy is costing the international economy between $7 to $12 billion, per year.”
Dennis Raefield, Mace’s CEO and President added, “The Mace-SDS solution is unique because it allows ships' personnel to repel boarders, and avoids the issue of arming vessels with guns. In addition, the SDS system is mounted on the perimeter of the ship and does not affect sea worthiness or require bulkhead penetrations. At Mace, we see significant potential if SDS becomes widely adopted. It offers a real solution to an escalating problem."