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March 5, 2013
Dear Valued Customer,
I am writing to tell you about a promising new development
for our company. Following an extensive review of
Checkpoint’s portfolio in 2012, the company’s Board of
Directors determined that the US and Canada based CheckView®
business will better serve its customers as an independent,
entrepreneurial and more focused organization.
An investment banker has been engaged to assist in the sale
of the CheckView business and discussions are taking place
with a potential buyer interested in leveraging the
expertise, customer relationships, retail monitoring center
and other assets residing in CheckView in a strong and
nimble stand-alone platform.
Checkpoint will continue to pursue its redefined strategy to
provide solutions that improve merchandise availability in
retail stores. I am confident that this planned divestiture
will enable focused attention and investment in both the
CheckView business and Checkpoint’s core businesses, which
in turn will yield the best results for you.
Please be assured that Checkpoint is dedicated to support
CheckView throughout the sale process and that the CheckView
team is 100% committed to ensure an orderly transition with
full continuity of service. As a customer you can simply
expect business as usual, or better, from us.
Your sales representative will be contacting you within 24
hours to answer any questions you have in connection with
the planned sale.
Sincerely,
Per Levin
President & Chief Sales Officer
Shrink Management & Merchandise Visibility Solutions
800-257-5540
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