1 FOR IMMEDIATE RELEASE CONTACT: Steven Gaynes MALLORY FACTOR, INC. 212/350-0000 April 3, 1997 COMPANY: Jeffrey A. Reinhold CONTACT: CHECKPOINT SYSTEMS, INC. 609/384-2457 CHECKPOINT SYSTEMS ANNOUNCES UP TO 10 PERCENT STOCK REPURCHASE AUTHORIZATION THOROFARE, NJ -- Checkpoint Systems, Inc. (NYSE:CKP) today announced that its board of directors has authorized the purchase of up to 10 percent of its outstanding common stock. The stock will be repurchased in the open market or in other transactions pursuant to SEC Rule 10b-18. The timing of repurchase and number of shares actually repurchased will depend on a variety of factors, including price and other market considerations. Checkpoint Systems, Inc. is a leading provider of integrated security solutions for retailers worldwide and is the leading provider of radio frequency (RF) source tagging, which allows its paper-thin RF tags to be embedded into product packaging. # # # Visit Checkpoint Systems, Inc. s Website at: www.checkpointsystems.com