Checkpoint announces contract with Hakon Group of Norway for RF EAS installations and source tagging.THOROFARE, N.J.--(BUSINESS WIRE)--May 20, 1997--Checkpoint Systems Norway AS has reached an agreement with the Hakon Group to become the sole supplier of radio frequency electronic article surveillance See EAS. (RF EAS) systems, and to implement source tagging, throughout its 1,200 supermarkets. The Group, which consists of 250 wholly-owned and 950 franchised stores, controls approximately 30% of the Norwegian supermarket industry. "Today's agreement with the Hakon Group strengthens Checkpoint's dominance in both Norway and the entire Nordic market," said Orn Johansson, managing director of Checkpoint Systems Norway. "Now, more than 60% of the Norwegian supermarket industry has chosen RF as the standard for 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. ." Previously, Norgesgruppen, which controls over one third of Norway's grocery market, selected Checkpoint Systems for chainwide RF EAS installations and source tagging -- the process by which a tiny, paper-thin label is embeddedeeds, as it provides a comprehensive solution to the problems of security, shrinkage and inventory control," said Kevin P. Dowd, president and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of Checkpoint Systems, Inc. "The fact that the two major supermarket groups in Norway have chosen Checkpoint demonstrates that RF is, and will continue to be, the technology of choice for EAS and source tagging." In the past year and a half, Checkains throughout the world, including American i Minipris AS) ; Intermarche (France); Oshawa Foods (Canada); and Famila (Germany). 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 ), located in Thorofare, New Jersey Thorofare is an unincorporated area within West Deptford Township in Gloucester County, New Jersey, United States. The area is served as United States Postal Service ZIP Code 08086. , is a leading provider of integrated security systems for retailers worldwtor Inc 212-350-0000 x326 Glenda Laudisio Checkpoint Systems, Inc. 800-257-5540 x2411 Orn Johansson Checkpoint Systems Norge AS 011 47 22 67 45 00 KEYWORD: NEW JERSEY INDUSTRY KEYWORD: RETAIL COMPUTERS/ELECTRONICS COMED URL URL in full Uniform Resource Locator Address of a resource on the Internet. The resource can be any type of file stored on a server, such as a Web page, a text file, a graphics file, or an application program. : www.checkpointsystems.com REPEATS: New York 212-752-9600 or 800-221-2462; Boston 617-236-4266 or 800-225-2030; SF 415-986-4422 or 800-227-0845; LA 310-820-9473 Today's News On The Net - Business Wire's full file on the Internet with Hyperlinks to your home page. URL: http://www.businesswire.com |
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