Big V Pharmacies, of Ontario, Canada chooses Checkpoint EAS Systems for immediate chainwide installation in over 120 stores; Checkpoint's RF Technology to be Installed Chainwide within Six Weeks.THOROFARE, N.J.--(BUSINESS WIRE)--Sept. 7, 1995--Checkpoint Systems, Inc. (NYSE NYSE See: New York Stock Exchange :CKP CKP Checkpoint CKP Crankshaft Position CKP Chandraseniya Kayastha Prabhu (caste of Maharastra, India) CKP Chris Key Players (band) CKP Concept Knowledge Processing ) announced today that Big V Pharmacies Co. Limited, will begin an immediate installation of its radio frequency (RF) based electronic article surveillance See EAS. (EAS (Electronic Article Surveillance) A security system for preventing theft in retail stores that uses disposable label tags or reusable hard tags attached to the merchandise. ) systems chainwide in over 120 Big V stores. Big V Pharmacies, a leading drug store retailer in Ontario, Canada, has chosen Checkpoint's RF EAS systems for chainwide implementation to prepare for Impulse@ source tagging. The Impulse@ program coordinates retailer and manufacturer logistics for the purpose of embedding Checkpoint's paper-thin RF labels into products or packaging before they reach the retail level. Source-tagged labels are invisible to customers and employees. Over the past year, Big V Pharmacies tested both RF and acousto-magnetic EAS systems. According to Paul Kuras, vice president of operations, Checkpoint's RF technology was chosen because of its user-friendliness and flexibility. "We tested both RF and acousto-magnetic technologies and found RF technology was the most suited to our needs," said Mr. Kuras. "RF source tags are easily applied at the point of manufacture, they will enable more open merchandising of higher cost items, and deactivation de·ac·ti·vate tr.v. de·ac·ti·vat·ed, de·ac·ti·vat·ing, de·ac·ti·vates 1. To render inactive or ineffective. 2. To inhibit, block, or disrupt the action of (an enzyme or other biological agent). 3. of the tags requires no extra labor by employees." Checkpoint's President and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. , Kevin Dowd, believes that retailers in the chain drug industry have made their decision on which technology to utilize for source tagging. "Last year, the National Association of Chain Drug Stores (NACDS NACDS National Association of Chain Drug Stores ) announced that it would not endorse one technology as the 'standard' for source tagging and it was for the marketplace to decide," said Mr. Dowd. "However a number of leading drug retailers have already chosen Checkpoint's RF technology, including: Walgreen Co., Rite Aid Corporation, Thrift Drug Inc., Abor Drugs Inc., Phar Mor, Drug Emporium, Inc., Smith's Food & Drug Centers, Osco and Save-on, and Thrifty Payless." Big V Pharmacies Co. Limited, headquartered in London, Ontario, operates over 120 stores which are mainly concentrated in southwestern Ontario. Checkpoint Systems, Inc. is a leading provider of integrated security solutions for retailers worldwide. CONTACT: Mallory Factor Inc. Robert Copeland 212/242-0000 or Checkpoint Systems, Inc. Stephen Brown 800/257-5540 X 2408 |
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