Thorofare, New Jersey, November 14, 2006 – Checkpoint Systems, Inc. (NYSE: CKP), announced today that it has acquired ADS Worldwide (ADS). Total consideration for the business will be in the form of cash and will be approximately $8.5 million, plus closing costs.

Based in Hull, England, ADS is an established supplier of tags, labels, and trim to apparel manufacturers, retailers and brands around the world. With operations in the UK, Hong Kong, China, India and Turkey, ADS employs more than 235 people worldwide. ADS provides Checkpoint with new technological and production capabilities in the United Kingdom, China and Turkey, and extends its network of global print-shops. The acquisition is expected to add more than $20 million of revenue in 2007 and be neutral to slightly accretive to earnings per share, due to integration costs in the first year and purchase accounting.

George Off, Chairman and Chief Executive Officer of Checkpoint, commented, "The acquisition of ADS is in line with our strategy to grow our CheckNet service bureau business to create increased value for our customers and shareholders. This transaction underlines Checkpoint's continued commitment to premium source tagging solutions for the global retail apparel industry. ADS has an outstanding customer base and a longstanding commitment to excellence in its product offerings and services. Our combined operations will provide customers with advanced data management and logistics capabilities across our expanded service bureau network and further enhances our Electronic Article Surveillance (EAS) source tagging program."

ADS President Simon Winstanley stated, "The sale to Checkpoint will enable ADS customers to continue receiving the quality service that they have been used to, while benefiting from an expanded global network of locations and technologies including integrated RF-EAS labels and laser printing. ADS will also benefit from Checkpoint’s significant investments in technologies such as RFID."

About ADS Worldwide
The company’s website is located at www.ads-worldwide.com