CHECKPOINT SYSTEMS INTRODUCES NEW PORTABLE APPLICATOR
CHECKPOINT SYSTEMS INTRODUCES NEW PORTABLE APPLICATOR THOROFARE, N.J., Jan. 9 /PRNewswire/ -- Checkpoint Systems, Inc.
(NASDAQ: CHEK) announced today it is expanding and diversifying its product line with the introduction of a new hand-held portable bar code printer that prints and applies labels containing security targets with scannable bar codes.
The paper-thin labels can include a retailer's logo, pricing, product information, in addition to Checkpoint's non-contact deactivatable security target. In making the announcement, A.E. Wolf, Checkpoint's president and chief executive officer, said, "These printers will facilitate our Cheklink strategy which incorporates price and product information and security into a single tab. All of our products are designed to enhance the retailer's profitability, productivity and efficiency. These printers give retailers a hand-held solution for the quick and easy application of pricing labels that incorporate security into their normal operations." The printer has a self-contained keyboard and display, and is suitable for use in mass merchandise, drug store and supermarket applications. Featuring 10 fixed formats, the new unit prints bar codes as well as consumer information such as price and size on thermal paper containing Checkpoint's disposable security circuit. One printer can also scan existing bar codes, then print matching Cheklink labels with integrated security, eliminating the need to place a separate security target where it might obscure product information. Checkpoint has entered into two agreements with Monarch Marking Systems, which manufactures the patented portable printer for Checkpoint. One agreement licenses Checkpoint to manufacture label webs, covered by Monarch patents, that will run through the printer. In the other agreement, Checkpoint has obtained distribution rights in U.S. and major international markets for printer models specially designed and manufactured according to Checkpoint specifications. "These printers are a significant addition to our Electronic Article Merchandising(SM) (EAM) product line because it addresses the retailers's need for fast, efficient application of security labels. There is no duplication of effort because a bar code, price and security label is printed and applied in one quick step," said Wolf. Checkpoint Systems, Inc. offers retailers a variety of solutions for their loss prevention needs. As the leading developer and manufacturer of advanced microprocessor and radio frequency-based security systems, the company has more than 20 years of experience in the loss prevention industry. Checkpoint's Electronic Article Merchandising (EAM) and Electronic Access Control (EAC) systems are based on its Electronic Signatures(R) technology which makes unique radio signals assignable to items or people. Using detectable, paper-thin, disposable security circuits that can be activated and deactivated without contact, the company's EAM systems are installed in more than 50,000 retail locations worldwide. All of the company's loss prevention products, from EAM to EAC, work together to provide retailers with the most comprehensive security solutions available in the industry today. /delval/ -0- 1/9/92 /CONTACT: Kathleen Carroll of KMC Associates, 215-539-1052, for Checkpoint Systems/ (CHEK) CO: Checkpoint Systems, Inc. ST: New Jersey IN: CPR SU: PDT
MP-KA -- PH006 -- 8098 01/09/92 09:35 EST
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|Date:||Jan 9, 1992|
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