Checkpoint Systems, Inc. Appoints William Smoot Antle III to Board of Directors.Business Editors/High-Tech Writers THOROFARE, N.J.--(BUSINESS WIRE)--April 8, 2003 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 ) today announced the appointment of William Smoot Antle III to its Board of Directors. With the addition of Mr. Antle, Checkpoint Systems' Board of Directors now has ten members, and is comprised of seven outside independent directors and three inside directors. Mr. Antle previously served as the Chairman, President and Chief Executive Officer of Oak Industries, Inc., a manufacturer of leading-edge communications components, from 1989 until its merger with Corning Incorporated in 2000. Prior to his tenure there, he held senior management positions with Bain and Company, Inc., an international strategy-consulting firm. He is a graduate of the United States Naval Academy United States Naval Academy, at Annapolis, Md.; for training young men and women to be officers of the U.S. navy or marine corps. George Bancroft, Secretary of the Navy, founded and opened (1845) it as the Naval School at Annapolis. in Annapolis, Maryland, and holds an MBA MBA abbr. Master of Business Administration Noun 1. MBA - a master's degree in business Master in Business, Master in Business Administration from the Harvard Graduate School of Business. Currently, Mr. Antle sits on the Boards of John H. Harland, ESCO ESCO Energy Service Company ESCO Estonian Shipping Company ESCO Esfahan Steel Company (Iran) ESCO Electric Steel Company, Inc. ESCO Eastern Sydney Chamber Orchestra (Australia) Technologies, Inc. and Linc.net, Inc. "We are proud to add an individual of Bill Antle's stature and experience to our Board of Directors," commented George W. Off, Chairman and Chief Executive Officer. "Bill's success in managing a technology growth company provides a valuable perspective to our Board as we accelerate our product development efforts, and explore new market opportunities." Checkpoint Systems, Inc. is a multinational company that manufactures and markets labeling systems designed to improve efficiency, reduce costs and provide value-added label solutions for customers across many markets and industries. Checkpoint is a leading provider of 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. and RFID (Radio Frequency IDentification) A data collection technology that uses electronic tags for storing data. The tag, also known as an "electronic label," "transponder" or "code plate," is made up of an RFID chip attached to an antenna. systems, source tagging, barcode labeling systems, hand-held labeling systems and retail merchandising systems. Applications include automatic identification, retail security and pricing and promotional labels. Operating directly in 30 countries, Checkpoint has a global network of subsidiaries and provides professional customer service and technical support around the world. Checkpoint Systems, Inc.'s web site is located at www.checkpointsystems.com. Safe Harbor Statement This press release may include information that could constitute forward-looking statements made pursuant to the safe harbor provision of the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995. Any such forward-looking statements may involve risk and uncertainties that could cause actual results to differ materially from any future results encompassed within the forward-looking statements. Factors that could cause or contribute to such differences include those matters disclosed in the Company's Security and Exchange Commission filings. |
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