-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, K4TdUP/lZtqAR109J+SWW3Uc9PdIhjg+KndXn8G/ugMJ/lNAvQBeJbb4sre1Vazo nWNuvuOJg8MFxmsss6qxiA== 0000215419-03-000003.txt : 20030331 0000215419-03-000003.hdr.sgml : 20030331 20030331152359 ACCESSION NUMBER: 0000215419-03-000003 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20030328 ITEM INFORMATION: Other events FILED AS OF DATE: 20030331 FILER: COMPANY DATA: COMPANY CONFORMED NAME: CHECKPOINT SYSTEMS INC CENTRAL INDEX KEY: 0000215419 STANDARD INDUSTRIAL CLASSIFICATION: COMMUNICATIONS EQUIPMENT, NEC [3669] IRS NUMBER: 221895850 STATE OF INCORPORATION: PA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-11257 FILM NUMBER: 03630107 BUSINESS ADDRESS: STREET 1: 101 WOLF DR STREET 2: P O 188 CITY: THOROFARE STATE: NJ ZIP: 08086 BUSINESS PHONE: 856-384-2460 MAIL ADDRESS: STREET 1: 101 WOLF DRIVE CITY: THOROFARE, STATE: NJ ZIP: 08086 8-K 1 march8k03.txt FORM 8-K SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D. C. 20549 FORM 8-K AMENDMENT TO CURRENT REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Date of Report (Date of earliest event reported): March 28, 2003 Checkpoint Systems, Inc. -------------------------------------------------------------- (Exact name of registrant as specified in its charter) Pennsylvania ------------------------------------------------------------ (State or other jurisdiction of incorporation or organization) 1-11257 22-1895850 ------------------------ -------------------------------- (Commission File Number) (I.R.S. Employer Identification No.) 101 Wolf Drive, P.O. Box 188, Thorofare, New Jersey 08086 ------------------------------------------------------------------- (Address of principal executive offices) (856) 848-1800 ----------------------------------------------------------------- (Registrant's telephone number, including area code) N/A ------------------------------------------------------------------ (Former name or address, if changed since last report) Item 5. Other Events ------ ------------ On March 28, 2003, the Registrant (the "Company") issued a press release announcing that the federal judge in the ID Systems Canada Inc. antitrust case against the Company issued an order which vacates the antitrust verdict in its entirety. In addition, the judge reduced the damages awarded against the Company in the tortuous interference and unfair competition part of the suit from $19 million to $13 million. Item 7. Financial Statements and Exhibits ------ --------------------------------- 1. Exhibits Press release dated March 28, 2003. Signature --------- Pursuant to the requirements of the Securities and Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Date: March 31, 2003 Checkpoint Systems, Inc. - ------------------------ George W. Off Chairman and Chief Executive Officer EXHIBIT INDEX ------------- EXHIBIT NO. DESCRIPTION OF EXHIBITS - ------------ ------------------------- 99.1 Press release dated March 28, 2003. EX-99.1 3 exh99331.txt OTHER / PRESS RELEASE Exhibit 99.1 COMPANY CONTACT: Checkpoint Systems, Inc. Craig Burns Executive Vice President, Chief Financial Officer, Finance and Operations (856) 848-1800 INVESTOR RELATIONS CONTACTS: FD Morgen-Walke ChristineMohrmann, Lindsay Hatton (212) 850-5600 PRESS CONTACT: FD Morgen-Walke Jason Rando FOR IMMEDIATE RELEASE (212) 850-5600 JUDGE VACATES ANTITRUST VERDICT AND REDUCES DAMAGES FROM $80 MILLION TO $13 MILLION Thorofare, New Jersey, March 28, 2003 - Checkpoint Systems, Inc. (NYSE: CKP) today announced that the federal judge in the ID Systems Canada, Inc. antitrust case against Checkpoint issued an order which vacates the antitrust verdict in its entirety, including the related damages against Checkpoint. In addition, the judge reduced the damages awarded against Checkpoint in the tortious interference and unfair competition part of the suit from $19 million to $13 million. As a result of the Judge's Order, the total damages against Checkpoint were reduced from $80 million to $13 million. George Off, Chairman and CEO commented, "We are quite pleased that the Court has eliminated the earlier jury antitrust verdict against Checkpoint. We are reviewing the extensive Opinion of the Judge and are considering our rights in any appeal process relating to the remaining damages under the tortious interference and unfair competition claims. We continue to expect a favorable outcome for Checkpoint." Checkpoint Systems, Inc. is a multinational company that manufactures and markets labeling systems designed to improve efficiency, reduce costs and provide value-added label solutions for customers across many markets and industries. Checkpoint is a leading provider of EAS and RFID systems, source tagging, barcode labeling systems, hand-held labeling systems and retail merchandising systems. Applications include automatic identification, retail security and pricing and promotional labels. Operating directly in 30 countries, Checkpoint has a global network of subsidiaries and provides professional customer service and technical support around the world. Checkpoint Systems, Inc.'s web site is located at www.checkpointsystems.com. Safe Harbor Statement This press release may include information that could constitute forward-looking statements made pursuant to the safe harbor provision of the Private Securities Litigation Reform Act of 1995. Any such forward-looking statements may involve risk and uncertainties that could cause actual results to differ materially from any future results encompassed within the forward-looking statements. Factors that could cause or contribute to such differences include those matters disclosed in the Company's Security and Exchange Commission filings. -----END PRIVACY-ENHANCED MESSAGE-----