Product Recall: Voluntary recall of 260 cases of Velveeta Original Pasteurized Recipe Cheese Products. Click Here.
MIX graham crumbs, margarine and 1/4 cup sugar; press onto bottom of 13x9-inch pan. Refrigerate until ready to use.
BEAT Neufchatel and remaining sugar with mixer until blended. Add dry gelatin mix; mix well. Stir in peaches and COOL WHIP. Pour over crust.
REFRIGERATE 4 hours or until firm.