Checkpoint Systems Sues Sensormatic Electronics And All-Tag Security For Patent Infringment Relating To Deactivatable Radio Frequency Security Tags.

Business Editors

THOROFARE, N.J.--(BUSINESS WIRE)--May 8, 2001

Checkpoint Systems, Inc. (NYSE:CKP), announced today that it has filed a patent infringement lawsuit against Sensormatic Electronics Corp. (NYSE:SRM), a Florida corporation, All-Tag Security S.A. a Belgian company, and All-Tag Security Americas, Inc., a Florida corporation.

The suit, filed in the Federal District Court in Philadelphia, alleges that the disposable, deactivatable radio frequency security tag manufactured by All-Tag S.A. and sold by Sensormatic infringes upon a patent owned by Checkpoint.

"This infringement action follows infringement suits already filed in Switzerland and Argentina against both Sensormatic and All-Tag Security S.A. relating to the deactivatable security tag," said Michael E. Smith, President and Chief Executive Officer of Checkpoint. "One of our most valuable assets is our intellectual property portfolio of radio frequency based technologies and we intend to continue to exercise our rights in protecting these assets."

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 industries. Operating in 30 countries, Checkpoint has a global network of subsidiaries and provides logistical and supply chain solutions for retail chains and apparel companies requiring high-quality graphic identification and branding worldwide. Checkpoint is a leading provider of digital RF EAS and RFID 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. Checkpoint Systems, Inc.'s web site is located at www.checkpointsystems.com.