[July 08, 2004] Checkpoint Announces Its Contract With CVS/Pharmacy to Install Digital Radio Frequency EAS Technology in a Chain-Wide Rollout; 5,300 Stores to Be Outfitted THOROFARE, N.J. --(Business Wire)-- July 8, 2004 -- 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 announced its agreement with retail pharmaceutical chain CVS/pharmacy, Inc. for the chain-wide installation of radio frequency Electronic Article Surveillance (EAS) technology. Checkpoint will outfit all 5,300 CVS stores with its Liberty PX antennas, providing CVS with the industry's most advanced Digital RF EAS solution. 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. [ Back To TMCnet.com's Homepage ]