MMI Investments Sends Letter to Checkpoint Board Demanding a Review of Strategic Alternatives

MMI Investments, L.P., one of the largest shareholders of Checkpoint Systems, Inc. CKP, has sent a letter to Checkpoint's Board of Directors outlining its belief that Checkpoint is significantly undervalued given its strong products, technology, market positions and customer relationships and urging the Board to seriously and comprehensively review strategic alternatives to maximize value for all shareholders, including a sale of the Company.