Checkpoint Systems Awarded $11 Million Order by Toys "R" US - U.S. - for Chainwide Installation of Radio Frequency Security System.THOROFARE, N.J.--(BUSINESS WIRE)--JULY 8, 1998-- STRATA(R) Wide-Aisle System, Impulse Source Tagging to be Installed in 698 Stores 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 ), a leading provider of integrated loss prevention solutions to retailers worldwide, announced that it has been awarded an $11 million order by leading toy retailer, Toys "R" Us Toys "R" Us (currently typeset as ToYsЯuS in the logo) is a toy store chain based in the United States, Canada, Australia,The Netherlands, South Africa, Hong Kong and the United Kingdom. (United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. ) for a chainwide roll-out installation of Radio Frequency Electronic Article Surveillance See EAS. (RF EAS) systems and source tagging in 698 stores. The roll-out program for Toys "R" Us (U.S.) is expected to be completed by mid-November. Toys "R" Us international has 111 stores installed with Checkpoint's systems, with a further 69 stores committed to 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. installation by year-end. With 1997 sales of $11 billion, Paramus, NJ-based Toys "R" Us, Inc. is the world's premi7er retailer of children's products. Checkpoint Systems, Inc., located in Thorofare, is a leading provider ofintegrated security to retailers. More than 330,000 Checkpoint RF EAS systems are installed worldwide. Checkpoint Systems, Inc.'s website is located at www.checkpointsystems.com.
CONTACT: Checkpoint Systems, Inc.
Steven G. Selfridge
Jeffrey A. Reinhold
609/384-2473/ 609/384-2457
or
Media: Glenda Laudisio, 800/257-5540 x: 2411
or
Morgen-Walke Associates, Inc.
Media: Scott Sunshine, Claudia Moscarella, 212/850-5600
or
Investor Relations: Donna Stein, Stephanie Conzelman
or Cindy Reid, 212/850-5600
|
|
||||||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion