Checkpoint Systems to Upgrade CVS to Digital RF-EAS Technology.

THOROFARE, N.J. -- Checkpoint Systems, Inc., (NYSE: CKP), the leading provider of radio frequency-based product identification and shrink management solutions for retailers and consumer package goods manufacturers worldwide, today confirms that CVS has announced at the National Association of Chain Drug Stores' Marketplace trade show in San Diego, CA, that they will upgrade all of their EAS (Electronic Article Surveillance) technology to RF - EAS with Checkpoint Systems.

About Checkpoint Systems, Inc.

Checkpoint Systems, Inc., is a multinational manufacturer and marketer of technology-driven solutions for retail security, labeling, and merchandising. Checkpoint is the leading provider of radio frequency- (RF) based shrink management solutions to the $1 trillion global retail industry, including over half of the world's top 200 largest global retailers. In addition to its shrink management capabilities, Checkpoint's end-to-end supply chain technology helps apparel and consumer product manufacturers and retailers brand, track and secure goods worldwide. Checkpoint has a presence in more than 50 countries and a global network of 30 service bureaus located in the world's apparel manufacturing capitals. A founding member of the MIT Auto-ID Center and a member of EPCglobal, Checkpoint's technology solutions include digital RF/EAS and RFID systems, RF source tagging, barcode labeling systems, EAS, handheld labeling systems, and retail merchandising systems. For additional information, visit Checkpoint Systems' web site 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 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 Securities and Exchange Commission filings.