Brazil's second largest supermarket chain to install Sensormatic's anti-shoplifting systems.

BOCA RATON, Fla.--(BUSINESS WIRE)--Sept. 23, 1996--Sensormatic Electronics Corp. (NYSE:SRM) Monday announced that it will install 360 MAX Checkout anti-shoplifting systems in five of Pao de Agucar's "Extra" Hypermarket stores in Brazil.

MAX Checkout is the newest anti-shoplifting system introduced by Sensormatic earlier this year and is based on the Ultra Max(r) acousto-magnetic technology.

With annual sales of US$3 billion, Pao de Agucar is the second largest retail group in Brazil. With over 200 stores throughout the country, Pao de Agucar operates a combination of supermarkets, hypermarkets and electronics stores. Initially, Extra will concentrate its tagging on apparel, footwear, cosmetics, beverages, CD's and cigarette products.

"The installation of Sensormatic systems will allow us to openly merchandise these products, increasing sales and decreasing shrinkage," stated Joaquim Teixeira Jr., Finance and Operations Manager of Pao de Agucar's Extra Division. He added, "The availability of these products to our customers also improves our customer satisfaction levels."

Teixeira added: "We chose Sensormatic because of the confidence Pao de Agucar has in this company and in its high technology products. The team effort they have demonstrated as a company also contributed a great deal to the successful conclusion of these negotiations."

"We are very pleased that such a prestigious retailer like Pao de Agucar has chosen Sensormatic's MAX Checkout Systems for its Extra chain at hypermarkets," said Ronald F. Premuroso, Vice President of Sensormatic's International Retail Operations.

"With over 300 vendors source tagging in Latin America alone, Pao de Agucar's commitment to Sensormatic is a key stepping stone in the continued growth and success of source tagging in the Latin American retail marketplace."

Premuroso added, "Pao de Agucar joins a growing list of prestigious retailer, using Sensormatic equipment in Brazil, including Carrefour and Makro."

MAX Checkout is the first PC-based anti-shoplifting system that combines the power of a computer with the performance of Ultra Max, and is the next step in providing food and other retailers with a combination of loss prevention and point-of- sale information.

Sensormatic Electronics Corp., the world leader in electronic security, and the Official Electronic Security Supplier for the 1996 Olympic Games in Atlanta, is a fully integrated supplier of electronic security systems to retail, commercial and industrial markets. Sensormatic is also a leader in the security industry in integrated source tagging -- a process where consumer goods manufacturers apply anti-theft labels at the point of packaging or manufacturing.

The company's electronic article surveillance (EAS), closed-circuit television (CCTV) and exception monitoring systems are used by soft goods and hard goods retailers to deter shoplifting and internal theft.

Sensormatic's CCTV, access control and electronic asset protection (EAP) security systems are used by retail, commercial and industrial customers to protect assets, information and people. All of the company's products are marketed by an extensive worldwide sales and service organization, complemented by a broad distribution network.

For more information on Sensormatic, visit its World Wide Web site at http://www.sensormatic.com. -0-

NOTE TO EDITORS: In the World Wide Web address noted in this news release, there is a double slash between http: and www.sensormatic.com. These symbols may not appear properly in some systems.

CONTACT: Sensormatic Electronics Corp.

Lee Pernice, Communications Manager

561/989-7361