Exhibit 99.8

Mace Security International Raises $4.4 Million Dollars

    MOUNT LAUREL, N.J.--(BUSINESS WIRE)--Dec. 15, 2004--Mace Security
International, Inc. ("Mace" or "the Company") (Nasdaq:MACE), a
manufacturer of electronic surveillance and personal defense products,
and an owner and operator of car and truck wash facilities, today
announced the completion of a stock purchase agreement with two
private institutions to sell 1,000,000 shares (750,000 shares and
250,000 shares, respectively) of the Company's common stock at a price
of $4.41 per share for a total capital investment of $4,410,000. Under
the terms of the agreement, Mace will grant to each of the private
institutions a warrant to purchase shares of the Company's common
stock at a strike price of $5.88 per share (150,000 warrants and
50,000 warrants, respectively).
    The shares were sold in a private transaction under Regulation D
of the Securities Act of 1933. Mace is obligated to register the
shares for resale on a registration statement within 90 to 120 days.
The securities issued pursuant to this private placement have not been
registered under the Securities Act of 1933, as amended, and may not
be offered or sold in the United States absent registration or an
applicable exemption from registration requirements of the Securities
Act of 1933.
    The proceeds of this transaction strengthen the Company's capital
structure and will provide additional cash for the development of its
electronic surveillance products division and personal defense
division, future growth strategies and general working capital.
    Mace Security International, Inc. is a manufacturer of electronic
surveillance and personal defense products, and an owner and operator
of car and truck wash facilities. More information about Mace is
available at www.mace.com.

    Certain statements and information included in this press release
constitute "forward-looking statements" within the meaning of the
Federal Private Securities Litigation Reform Act of 1995. When used in
this press release, the words or phrases "will likely result", "are
expected to", "will continue", "is anticipated", "estimate",
"projected", "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
subject to certain risks, known and unknown, and uncertainties,
including but not limited to economic conditions, dependence on
management, dilution to shareholders, limited capital resources, the
effects of weather on the demand for car care services, the effects of
rapid growth on the Company and the ability of management to
effectively respond to that growth, our ability to achieve operating
synergies, our ability to compete against established competitors,
regulatory matters, the effects of competition, and our ability to
obtain additional financing. Such factors could materially adversely
affect the Company's financial performance and could cause the
Company's actual results for future periods to differ materially from
any opinions or statements expressed within this press release.
Additional discussion of factors that could cause actual results to
differ materially from management's projections, forecasts, estimates
and expectations are contained in the Company's SEC filings, including
its S-3 registration statements, Form 10-K for 2002, Form 10-K for
2003, Form 10-Q for the quarter ended March 31, 2003, Form 10-Q for
the quarter ended June 30, 2003, Form 10-Q for the quarter ended
September 30, 2003, Form 10-Q for the quarter ended March 31, 2004,
Form 10-Q for the quarter ended June 30, 2004 and Form 10-Q for the
quarter ended September 30, 2004. This press release should be read in
conjunction with the financial statements and notes contained in the
Company's annual report on Form 10-K and the Company's quarterly
reports on Form 10-Q.

    CONTACT: Mace Security International, Inc., Mount Laurel
             Eduardo Nieves, 856-778-2300