Checkpoint Systems Expands Presence Down Under.

Business Editors

THOROFARE, NJ--(BUSINESS WIRE)--Nov. 21, 2000

Four More Australian Retail Chains Opt For

Checkpoint's RF EAS Technology

Checkpoint Systems, Inc., (NYSE: CKP), a leading provider of supply chain management and security solutions worldwide, has further solidified its RF EAS leadership in the Australian market with mandates to install its RF EAS security systems chainwide in Kmart, Lincraft, Bing Lee and Supre stores. Both Kmart and Lincraft have now announced to their suppliers the commencement of source tagging programs.

Kmart Australia

Kmart Australia, a subsidiary of the Coles Myer Limited group of companies, who awarded Checkpoint a contract to install RF EAS systems in 167 stores have now completed their RF EAS installation program. This gives Checkpoint a chainwide presence in Kmart Australia. The Kmart move toward source tagging will compliment the existing RF source tagging programs already in place in the discount variety retail sector in both Target Australia, another subsidiary of Coles Myer, and Big W Discount Stores, a division of Woolworths.

Lincraft

Lincraft, a leading haberdashery and fashion fabric retailer, has announced a chainwide rollout of Checkpoint's Strata EAS systems. The rollout coincides with Lincraft's requirement for its suppliers to commence source tagging from January 2001. Checkpoint's Strata EAS systems allow for wide aisle detection of tagged merchandise, with a range of up to six feet.

Other Companies

Bing Lee, a major electrical retailer, and fashion chain Supre, have also joined the ranks of other major Australian retailers committed to chainwide installations of Checkpoint's RF EAS technology.

"The decision by these major retail stores to install our systems over other providers attests to Checkpoint's superiority in the Australian market," said Kevin Dowd, President and CEO of Checkpoint Systems, Inc. "The recent meeting of the Australian RF Users Group (Australian Source Tagging Alliance- A.S.T.A) clearly indicates the preference of RF EAS technology for loss prevention and shrinkage reductions." Mr. Dowd also stated, "The continued success of this group and its extremely well balanced attendance numbers from the retail and supply chain communities, further demonstrate the rapid progress of source tagging in Australia and its suppliers in Asia."

Checkpoint's RF EAS systems use proprietary digital radio frequency-based (RF) technology. When an active product tag passes through a sensor's detection field, it interrupts a radio frequency signal, triggering an alarm that alerts the retailer to a possible shoplifting attempt.

Australian chains already using Checkpoint's RF EAS systems include, the Coles Myer group, with over 800 stores now protected (including Coles supermarkets, Myer Grace Bros., Bi-Lo supermarkets, Target Australia, Officeworks, Kmart Australia, Mycar and Liquorland brands), and other stores including Valley Girl, My Size, Supre, Repco, Autobarn and Australia Post.

Worldwide, Checkpoint's RF EAS systems are already being used by major retailers including Albertson's/American Stores, Carrefour, Casino, Champion, Continente, Coop Italy, Despar, Eckerd Corporation, El Corte Ingles, Euromercato, GS Supermarkets Italy, Harrods, Ikea, Intermarche, La Rinascente, Kohl's Department Stores, Mercadona, Obi, Rite Aid Corporation, Target Corporation, Toys "R" Us and Walgreen Co.

Checkpoint Systems, Inc. is a $700 million 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 digital RF EAS and RFID systems, RF 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 in 27 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.