Market Overview

Rob Van Der Merwe Steps Down as Checkpoint Systems, Inc. Chairman, President and CEO

The Board of Directors of Checkpoint Systems, Inc. (NYSE: CKP) announced today the retirement of Chairman, President and Chief Executive Officer Rob van der Merwe, effective immediately. The Board has named Independent Director George Babich, Jr., an executive with proven turnaround experience, as interim CEO and President, and elected William S. Antle, III as non-executive Chairman. The Company will also announce today its first quarter 2012 results in a separate news release.

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