Check Point Awarded International Common Criteria EAL4 Certification

Check Point Software Technologies Ltd. (Nasdaq: CHKP), the worldwide leader in securing the Internet, today announced Check Point Endpoint Security™ Full Disk Encryption, Pointsec® PC 6.3.1 has received Common Criteria Evaluation Assurance Level 4 (EAL4) certification from the National Information Assurance Partnership (NIAP). Government agencies and security-conscious enterprises that require EAL4 certification can now benefit from the data protection Full Disk Encryption offers.

Full Disk Encryption provides the highest level of data security for laptops and PCs through a combination of pre-boot authentication and strong encryption algorithms. The solution can be deployed independently or as part of Check Point Endpoint Security, the first and only single agent that combines all the critical components for total security on the endpoint.

EAL4 certification is the highest standard level existing encryption products can receive, and indicates the product has passed a long and stringent evaluation process. The International Standard Organization initially adopted Common Criteria and uses EAL levels as global standards. EAL4 certification provides assurance to government agencies, and any organization protecting mission critical assets, that Check Point security solutions meet or exceed strict criteria. Many government agencies require data security solutions to have at the minimum EAL4 certification.

“Information on endpoint devices is most vulnerable to theft or loss, so to achieve complete protection, it’s essential that an organization’s endpoint security solution include data encryption,” said Ben Khoushy, vice president of endpoint products at Check Point. “EAL4 certification not only allows additional government entities to benefit from Check Point’s leading data encryption solutions, but also objectively validates the overall design and functionality of Check Point endpoint solutions. Full Disk Encryption ensures data remains protected, regulatory requirements are met and the organization’s reputation stays intact.”

In addition to Full Disk Encryption for Windows, Mac OS X and Linux based computers, Check Point offers customers port and removable media protection through Check Point Media Encryption and mobile phone encryption through Pointsec Mobile. Check Point encryption products are quick and simple to deploy, scale to any size organization, are proven in many industry and government deployments around the world, and support the broadest set of platforms.

EAL4 certification for Full Disk Encryption is the latest of many industry standards Check Point products consistently meet. More information on third-party certifications received by Check Point can be found at: www.checkpoint.com/products/certifications/.

“Through Check Point, customers benefit from the industry’s most secure security solutions, as demonstrated by Check Point’s ability to consistently meet stringent industry certifications,” concluded Khoushy.

To Purchase Check Point Products Visit http://www.checkpointworks.com

Check Point Positioned in the Leaders Quadrant

Check Point® Software Technologies Ltd. (Nasdaq: CHKP), the worldwide leader in securing the Internet, today announced that Gartner, Inc. has placed Check Point in the leaders quadrant in the research company’s recent Magic Quadrant for Mobile Data Protection.1

“We believe Check Point’s leader position reflects our strong vision and execution in delivering to businesses secure and simple to use data protection solutions,” said Juliette Sultan, head of global marketing at Check Point. “Check Point data encryption products are preferred by companies across the globe because of the products’ scalability, ease of deployment, and unified management and client with endpoint security.”

In addition to Full Disk Encryption for Windows, Mac OS X and Linux based computers, Check Point offers customers port and removable media protection through Check Point Media Encryption and mobile phone encryption. The solutions can be deployed independently or as part of Check Point Endpoint Security, the first and only single agent that combines all the critical components for total security on the endpoint. Check Point encryption products are quick and simple to deploy, scale to any size organization, are proven in many industry and government deployments around the world, and support the broadest set of platforms.

According to Gartner, “Leaders have products that work well for Gartner clients in small and large deployments. They have long-term road maps that follow and/or influence Gartner's vision of the developing needs of buyers in the market. Leaders make their competitors' sales staffs nervous and force competitors' technical staffs to follow their lead. Their MDP products are well-known to clients, and they are frequently found on RFP shortlists.”

“Check Point data security products assure businesses that their information is secure,” said Alberto Dosal, president and chief executive officer at Compuquip Technologies. “In addition to industry-leading encryption capabilities, Check Point’s solutions require minimal administration and end-user involvement, thereby reducing operational costs for customers.”

Check Point’s Mobile Data Protection leader position is based on an evaluation of completeness of vision and ability to execute. Magic Quadrant Research is a qualitative evaluation of a set of vendors in a specific market.

To Purchase Check Point Products Visit http://www.checkpointworks.com

Check Point Software Reports Record Financial Results for the Third Quarter 2009

Check Point® Software Technologies Ltd. (NASDAQ: CHKP), the worldwide leader in securing the Internet, today announced record financial results for the third quarter ended September 30, 2009.

“I am proud of our ability to execute and deliver all-time record results across key metrics for the quarter. Our revenues came in at the high-end of our projections, with 17 percent growth, while non-GAAP earnings per share were $0.52, representing 19% growth, and exceeded our projections. This is particularly encouraging given the state of the economy and the weakness of the US dollar” said Gil Shwed, Chairman and Chief Executive Officer at Check Point, “Operationally, we performed well across all regions, with Asia Pacific having a particularly good quarter. We also continued to realize further synergies from our recent acquisition, which helped us to achieve these results and deliver non-GAAP operating margin of 55%.”

Financial Highlights for the Third Quarter of 2009

* Total Revenues: $233.6 million, an increase of 17 percent compared to $199.7 million in the third quarter of 2008.
* GAAP Operating Income: $105.5 million, an increase of 17 percent compared to $90.4 million in the third quarter of 2008. The GAAP operating income in the third quarter of 2009 included amortization of intangible assets in the amount of $5.4 million related to the Nokia security business acquisition.
* Non-GAAP1 Operating Income: $127.5 million, an increase of 20 percent compared to $106.2 million in the third quarter of 2008. Non-GAAP operating margin was 55 percent, compared to 53 percent in the third quarter of 2008, and 52 percent during the second quarter of 2009.
* GAAP Net Income and Earnings per Diluted Share: GAAP net income was $91.5 million, an increase of 14 percent compared to $80.1 million in the third quarter of 2008. GAAP earnings per diluted share were $0.43, an increase of 17 percent compared to $0.37 in the third quarter of 2008. GAAP net income in the third quarter of 2009 included amortization of intangible assets in the amount of $5.4 million (which represented $0.03 in GAAP earnings per diluted share) related to the Nokia security business acquisition. Net of taxes, these charges totaled $5.1 million ($0.02 per diluted share).
* Non-GAAP1 Net Income and Earnings per Diluted Share: Non-GAAP net income was $109.5 million, an increase of 16 percent compared to $94.2 million in the third quarter of 2008, and non-GAAP EPS was $0.52, an increase of 19 percent compared to $0.44 in the third quarter of 2008.
* Deferred Revenues: As of September 30, 2009, we had deferred revenue of $360.1 million, an increase of 32 percent compared to $272.9 as of September 30, 2008.
* Cash Flow: Cash flow from operations was $126.1 million, an increase of 10 percent compared to $115.1 million in the third quarter of 2008. We had $1,736.2 million in cash and investments as of September 30, 2009.
* Share Repurchase Program: During the third quarter of 2009, we repurchased 1.8 million shares at a total cost of $50 million.

To Purchase Check Point Products Visit http://www.checkpointworks.com

Check Point Adds Windows 7 OS Support to Endpoint Security

Check Point Software Technologies Ltd. (Nasdaq: CHKP), the worldwide leader in securing the Internet, today announced Windows 7 Microsoft operating system support for Check Point Endpoint Security™, the first and only single agent that combines all the critical components for total security on the endpoint. Businesses with a mixed environment of Windows XP, Vista and Windows 7 based desktops and laptops gain through Endpoint Security a single, common centrally managed solution.

Check Point Endpoint Security provides businesses comprehensive endpoint security with over 10 integrated security capabilities, and is the only solution to include unique, preemptive browser security through Check Point WebCheck, remote access virtual private network (VPN) client and Full Disk Encryption. Endpoint Security’s single install and integrated patching and updating process benefits administrators by reducing deployment cost and complexity while increasing management efficiency. With a single agent, update, scan, and interface Endpoint Security simplifies the end-user experience by decreasing the number of security applications on the client and eliminating multiple logins, updates and patches.

“In less than four years businesses will have seen three different Microsoft operating systems,” said Ben Khoushy, vice president of endpoint security at Check Point. “Rather than install a common platform, businesses will likely operate with a mixture of the three different operating system (OS) types. Check Point Endpoint Security offers customers one solution that addresses the unique threat concerns of each OS. Policy for all endpoints can be managed from a single console, greatly improving overall endpoint security as well as administrator effectiveness.”

Additional features and benefits of Check Point Endpoint Security include:

* Check Point WebCheck uses patented browser virtualization technology to protect enterprise endpoints from Web-based threats
* Check Point OneCheck provides one easy login to Windows and all endpoint security functions for a secure and simple user experience
* VPN enables secure remote access to corporate resources by encrypting and authenticating data transmitted during remote access sessions. New VPN Auto-connect capability maintains connectivity while roaming between LAN, WiFi and GPRS networks and automatically configures the VPN connection
* Media Encryption and Port Control secures sensitive corporate data and protects from incoming malware by encrypting removable media such as USB storage devices, CDs and DVDs, and by controlling activity (read, write and execute) on ports and devices
* Full Disk Encryption provides the highest level of data security for data stored on laptops and desktops through a combination of pre-boot authentication and strong encryption algorithms
* Award-winning firewall blocks unwanted traffic, prevents malware from infecting endpoint systems and makes computers invisible to hackers
* Program Control with Program Advisor ensures only legitimate and approved programs are allowed to run on the endpoint
* Anti-malware detects and removes viruses, spyware, keystroke loggers, Trojans, rootkits and other malware based on a combination of signatures, behavior blockers, and heuristic analysis
* Network Access Control (NAC) enforces a comprehensive NAC policy controlling access to corporate networks and ensuring that each endpoint is current with the latest antivirus, critical patches, service packs, and applications such as browsers and VPN agents
* Central Management provides central configuration, policy administration, reporting, and analysis of endpoint security

To Purchase Check Point Products Visit http://www.checkpointworks.com

Check Point Launches ZoneAlarm for Windows 7 OS

Check Point® Software Technologies Ltd. (Nasdaq: CHKP), the worldwide leader in securing the Internet, today launched the Microsoft Windows 7 version of ZoneAlarm® Extreme Security, the latest version of the company’s comprehensive consumer security suite. The ideal companion to the highly anticipated Windows 7 operating system offers robust security technologies to address multiple PC threats, from browser exploits to password theft. ZoneAlarm Extreme Security also includes the industry’s first and only full hard drive encryption solution in a consumer security suite. This Check Point-unique innovation automatically encrypts all the hard drive content to protect personal and irreplaceable data in the event of laptop loss or theft. Also today, Check Point released Windows 7 versions for its complete line-up of ZoneAlarm products.

“The majority of Internet threats today cannot be addressed solely by Windows 7 built-in anti-virus because attacks are coming from many different vectors, including browser exploits, firewall attacks, and phishing attempts,” said Bari Abdul, vice president of consumer sales. “ZoneAlarm delivers comprehensive protection by bringing the world's number one firewall, identity theft services and Internet and Web innovations to the Windows 7 operating system, delivering advanced security for Windows 7 users.”

Designed to complement Microsoft Windows 7 operating system, ZoneAlarm Extreme Security includes:

* Advanced Download Protection – Stops the latest viruses delivered online by running and analyzing downloads in a protected virtual environment before installation
* Hard Drive Encryption – Enterprise-proven encryption option automatically encrypts personal and system data for identify theft protection
* Password Recovery Assistance – Only ZoneAlarm provides users with included phone assistance for password and media recovery 24 hours, 7 days a week
* Identity Protection Services – Credit Bureau Monitoring provides fraud alerts, plus Victim Recovery Services to help recover quickly from identify theft
* Operating System Firewall – New enhancements help identify and stop sophisticated online attacks that can bypass traditional anti-virus and security suites
* Virtual Browsing – Allows users to surf the Web with full protection against malicious software such as drive-by downloads or browser exploits. To date, this technology has stopped 100% of known browser and plug-in exploits.
* Unified Anti-Virus and Anti-Spyware Engine - Performs anti-virus scans approximately 85% faster than previous versions
* A full complement of additional security layers and tools like anti-spam, online backup and PC Tune-up

To Purchase Check Point Products Visit http://www.checkpointworks.com

Check Point to Offer ZoneAlarm Pro 2010 Free to Consumers on Patch Tuesday

Check Point Software Technologies Ltd. (Nasdaq: CHKP), the worldwide leader in securing the Internet, today announced that the company will offer a free full version of ZoneAlarm® Pro 2010 on Tuesday, October 13, starting at 6 a.m. PDT. to help consumers stay safe online. The promotion will last for 24 hours, running concurrently with Microsoft’s Patch Tuesday – the day Microsoft releases its latest browser and operating system patches for Windows PCs. To take advantage of the award-winning protection of Check Point’s ZoneAlarm Pro, consumers can click on www.zonealarm.com/only24hours.

ZoneAlarm Pro 2010 combines the world’s number one firewall with an OSFirewall that monitors behavior within the operating system (OS) to stop malicious attacks that are intentionally designed to corrupt the OS. Together, these robust defenses block attacks that anti-virus alone misses, making it the perfect add-on to the anti-virus protection consumers may already have. Check Point ZoneAlarm Pro includes, for no additional charge, Identity Protection Services with daily credit report monitoring, and Victim Recovery Services that help consumers recover quickly from identity theft.

“Online threats continue to expand dramatically, doubling in number every few months. Even browsing legitimate Web sites can expose consumers to hidden threats designed to compromise PCs and steal personal information,” said Bari Abdul, vice president of consumer sales. “By offering Check Point ZoneAlarm Pro free for 24 hours, we are making our trusted firewall more widely available to consumers, helping protect their credit card numbers, social security information and any personal data against sophisticated threats.”

To prevent attacks entering the PC through the web browser, ZoneAlarm Pro 2010 includes a new Advanced Download Protection technology that automatically checks and analyzes the programs a user wishes to download to determine if they are safe or malicious. It also adds anti-phishing, both signature and heuristic based, to block more fraudulent sites.

To Purchase Check Point Products Visit http://www.checkpointworks.com

Check Point Software to Announce Third Quarter Financial Results

Check Point software Technologies Ltd. , the worldwide leader in securing the Internet, today announced that it will release its third quarter financial results for the period ending September 30, 2009, on Thursday, October 22, 2009, before the U.S. financial markets open. Management will host a conference call with the investment community at 8:30 AM ET/5:30 AM PT on October 22.

To Purchase Check Point Products Visit http://www.checkpointworks.com

Media Alert: Check Point IPS Solutions Protect Against Unpatched Microsoft Exploits

Check Point Software Technologies Ltd. (Nasdaq: CHKP), the worldwide leader in securing the Internet, today announced that Check Point IPS solutions shield customers against exploits associated with the FTP Service in Microsoft Internet Information Services vulnerability. Successful exploitation of this unpatched vulnerability could allow hackers to take over an affected company’s systems.

Although no Microsoft patch is currently available for this vulnerability, Check Point Security Gateway R70 customers using the IPS Software Blade are automatically protected. No action is required if they are using the “Recommended Profile” setting. Check Point VPN-1® NGX R65, VSX® NGX R65 and IPS-1® NGX R65 customers also have existing protections and should check they are activated. See threat reference CPAI-2009-153 for more information at: http://www.checkpoint.com/defense/advisories/public/2009/cpai-03-Augb.html .

Microsoft Internet Information Services (IIS) is a collection of Internet services packaged with several versions of the Windows operating system. IIS includes a FTP server service for exchanging and manipulating files over a TCP computer network. The vulnerability is due to an error in IIS that fails to do sufficient bounds checking when processing an FTP NLST command. The vulnerability could allow remote code execution on affected systems that are running the FTP service and are connected to the Internet. Enterprise users at risk for this vulnerability have either IIS 5.0, IIS 5.1, or IIS 6.0.

“Exploit code of this vulnerability is available in the wild, meaning hackers could take the code and use it to exploit IIS and remotely control a company’s network,” said Oded Gonda, vice president of network security products at Check Point. “Check Point’s IPS products continue to provide protection against such vulnerabilities before they are even discovered, giving our customers the peace-of-mind that their systems are always secure.”

Check Point’s IPS Software Blade, IPS-1 appliances, and SmartDefense are supported by Check Point update services, which provide ongoing and real-time updates and configuration advisories for defenses and security policies. Check Point protections are developed and distributed by Check Point’s Security Research and Response Centers located around the globe.

Based on the Software Blade architecture, Check Point IPS Software Blade provides complete, integrated, next generation firewall intrusion prevention capabilities at multi-gigabit speeds, with preemptive threat coverage for clients, servers, OS and other vulnerabilities, malware/worm infections, and more. Software Blades are independent and flexible security modules that enable companies to select the functions they need to build a custom Check Point Security Gateway.

To Purchase Check Point Products Visit http://www.checkpointworks.com

Check Point Introduces Hard Drive Encryption Technology for Consumers

Check Point Software Technologies Ltd., the worldwide leader in securing the Internet, today announced ZoneAlarmExtreme Security 2010, the latest version of the company’s comprehensive consumer security suite equipped with robust security technologies to address multiple PC threats, from browser exploits to password theft. ZoneAlarm Extreme Security 2010 introduces the industry’s first hard drive encryption solution in a consumer security suite. ZoneAlarm Hard Drive Encryption automatically encrypts all hard drive content to protect personal and irreplaceable data in the event of laptop loss or theft. With unique browser security features and identity protection services, ZoneAlarm Extreme Security 2010 helps consumers stay ahead of the latest Web threats and attacks. Also today, Check Point released new versions of ZoneAlarm Internet Security Suite, ZoneAlarm Pro and ZoneAlarm Antivirus.

"Over half of all new PCs bought today are laptops. This means that private data, from tax returns to personal information, is at a much greater risk of being lost or stolen and used for identity theft and fraud," said Jon Crotty, security research analyst at IDC. "Given the ease at which laptops can be lost or stolen, and the ever growing threat environment both - on and off line - data encryption becomes a much more desirable feature for a comprehensive consumer Internet security suite.”

Based on the market-leading Check Point Endpoint Security Full Disk Encryption™ already proven in over 8 million enterprises, businesses and government agencies, the new ZoneAlarm Hard Drive Encryption protects consumers against identity theft. This unique 256-bit consumer encryption technology ensures all data stored on the system’s hard drive is unreadable to unauthorized users. Encryption works silently in the background to protect all existing, new or changed files such as medical records or personal photos. Hard Drive Encryption also safeguards the key system information that users tend to forget, such as automatically-stored passwords, cookies, temporary Internet files and recycle bin documents. Coupled with included services that alert consumers to possible fraud, offer 24/7 password recovery, and help victims of identify theft, ZoneAlarm delivers comprehensive security for Internet users.

“Thieves are increasingly targeting laptops primarily to steal the information stored inside, and they can easily remove the hard drive to gain full access to the user’s data,” said Juliette Sultan, head of global marketing for Check Point. “With our new and comprehensive ZoneAlarm Extreme Security suite with Hard Drive Encryption, our customers have the peace-of-mind that their credit card numbers, social security information, and any personal data are always protected.”

Multiple security technologies included in the new ZoneAlarm Extreme Security suite – including personal firewall, anti-phishing and wireless network security – provide critical protection against computer and Web-based attacks that can bypass traditional security suites. For example, new Advanced Download Protection automatically checks and analyzes the programs a user wants to download to determine if they are safe or malicious. ZoneAlarm Extreme Security 2010 also adds new product enhancements including a unified scan engine designed for faster and easier detection and removal of viruses, spyware and other malicious software.
Features and benefits in ZoneAlarm Extreme Security 2010 include:

* Advanced Download Protection – Stops the latest viruses delivered online by running and analyzing downloads in a protected environment before installation
* Hard Drive Encryption – Enterprise-proven encryption option to automatically encrypt personal and system data for identify theft protection
* Password Recovery Assistance – Provides Hard Disk Encryption users with included phone assistance 24 hours, 7 days a week
* Identity Protection Services – Credit Bureau Monitoring provides fraud alerts, plus Victim Recovery Services help recover quickly from identify theft
* Operating System Firewall – New enhancements help identify and stop sophisticated online attacks that can bypass traditional anti-virus and security suites
* Virtual Browsing – Allows users to surf the Web with full protection against malicious software such as drive-by downloads or browser exploits
* Unified Anti-Virus and Anti-Spyware Engine - Performs anti-virus scans now up to 85% faster than previous versions
* Windows 7 Ready – Support available in conjunction with Windows 7 release

To Purchase Check Point Products Visit http://www.checkpointworks.com

Media Alert: Check Point to Open NASDAQ at Opening Bell Ceremony

Check Point Software Technologies Ltd. (NASDAQ: CHKP), the worldwide leader in securing the Internet, today announced that the Company’s founder, chairman and CEO, Gil Shwed, along with Amnon Bar-Lev, VP of global field operations, will participate in the NASDAQ opening bell ceremony at the NASDAQ Stock Market on Wednesday, August 12, 2009, to commemorate the Company’s continuous growth and product innovation. The ceremony will take place at 9:30 a.m. Eastern Time at NASDAQ MarketSite Times Square Studio in New York City.

“It’s a pleasure to once again take part in the NASDAQ opening bell ceremony,” said Gil Shwed, chairman and CEO at Check Point. “Participating in this event marks the continued success of Check Point over the last seventeen years which is further illustrated by our latest record results. Our consistent achievements and progress reflect the contributions of our dedicated employees, customers and partners.”

Check Point reported record quarterly results for the second quarter that ended June 30, 2009. The quarterly results came in at the high-end of company’s projections with 12 percent year over year growth in revenues and non-GAAP earnings per share. Revenue growth came from all regions and represented Check Point’s highest quarterly revenues to date.

To Purchase Check Point Products Visit http://www.checkpointworks.com

Media Alert: Check Point IPS Solutions Protect Windows And Unix DNS Servers

Check Point Software Technologies Ltd. , the worldwide leader in securing the Internet, today announced that Check Point IPS products protect customers against a newly discovered Berkeley Internet Name Domain (BIND) vulnerability. The exploit affects both commonly used UNIX and Windows based DNS servers and allows a remote attacker to create a denial-of-service condition.

The Berkeley Internet Name Domain (BIND) is a popular Domain Name System (DNS) implementation from Internet Systems Consortium (ISC). By sending a specially-crafted dynamic update packet to a BIND 9 server, a hacker can cause a denial of service by causing BIND to crash. The exploit is not limited to servers configured to allow dynamic updates. The vulnerability affects also all servers that are masters of one or more zones and slave servers that are configured to forward updates to their masters. Check Point integrated and dedicated IPS solutions protect against the threat by detecting and blocking maliciously crafted DNS packets. Additional information on the threat and Check Point's protections can be found at: www.checkpoint.com/defense/advisories/public/2009/cpai-28-Jul.html.

"BIND is an important building block of the Internet DNS system. Exploits using vulnerabilities in BIND can lead to down-time, phishing and other attacks," said Oded Gonda, vice president of network security products at Check Point. "Check Point IPS technologies are a critical security layer to traditional firewalls that will help an enterprise stay ahead of threats and vulnerabilities until servers or clients are patched."

Check Point's IPS Software Blade, IPS-1® appliances and SmartDefense® are supported by Check Point update services, which provides ongoing and real-time updates and configuration advisories for defenses and security policies. Check Point protections are developed and distributed by Check Point's Security Research and Response Centers located around the globe. Users of Check Point SmartDefense are also protected against the new vulnerability.

Based on the Software Blade architecture, Check Point IPS Software Blade provides complete, integrated, next generation firewall intrusion prevention capabilities at multi-gigabit speeds, with preemptive threat coverage for clients, servers, OS and other vulnerabilities, malware/worm infections, and more. Software Blades are independent and flexible security modules that enable companies to select the functions they need to build a custom Check Point Security Gateway.

To Purchase Check Point Products Visit http://www.checkpointworks.com

Check Point Software Announces Participation in Third Quarter Investor Conferences

Check Point Software Technologies Ltd. , the worldwide leader in securing the Internet, today announced the company’s expected investor conference participation for the third quarter of 2009. Events include:

* 11th Annual Pacific Crest Leadership Forum
August 10, 2009 – Vail, CO
* Oppenheimer Annual Communications, Technology and Internet Conference
August 12, 2009 – Boston, MA
* Deutsche Bank Technology Conference
September 14, 2009 – San Francisco, CA
* Jeffries 3rd Annual Technology Conference
September 15, 2009 – New York, NY
* ThinkEquity Partners 6th Annual Growth Conference
September 16, 2009 – San Francisco, CA

Members of Check Point's management team will present at the conference and will discuss the latest company strategies and initiatives. Check Point’s conference presentations are expected to be available via webcast at the company's web site.

To Purchase Check Point Products Visit http://www.checkpointworks.com

Check Point Software Shareholders Approve all Proposals at 2009 Annual Meeting

Check Point Software Technologies Ltd. , the worldwide leader in securing the Internet, today announced that shareholders approved all five proposals presented at the 2009 Annual General Meeting. Approximately 157 million shares, representing approximately 75% of the shares outstanding as of the record date, were voted at the meeting. Check Point would like to thank shareholders for the support and confidence they have in the company and its employees.

To Purchase Check Point Products Visit http://www.checkpointworks.com

Check Point Software Reports Record Financial Results for the Second Quarter 2009

Revenue: $223.6 Million representing 12 percent growth year over year. Non-GAAP EPS: $0.48 representing 12 percent growth year over year. Non-GAAP Operating Income: $116.4 or 52 percent of revenues, 15% growth year over year. Deferred Revenue: $362.1 Million representing 30 percent growth year over year

Check Point® Software Technologies Ltd. (NASDAQ: CHKP), the worldwide leader in securing the Internet, today announced record financial results for the second quarter ended June 30, 2009.

“I’m pleased to report record quarterly results. Our quarterly results came in at the high-end of our projections with 12 percent year over year growth in revenues and non-GAAP earnings per share. Revenue growth came from all regions and represented our highest quarterly revenues to date.” said Gil Shwed, Chairman and Chief Executive Officer at Check Point, “The synergies associated with the successful acquisition of Nokia’s Security Appliance business contributed to these record results and enabled us to achieve non-GAAP operating margin of 52 percent.”

Financial Highlights for the Second Quarter of 2009

* Total Revenues: $223.6 million, an increase of 12 percent, compared to $199.6 million in the second quarter of 2008, and sequential quarterly growth of 15 percent.
* GAAP Operating Income: $86.7 million, up from $83.6 million a year ago. The GAAP operating income in the second quarter of 2009 included amortization of intangible assets in the amount of $4.6 million and restructuring charges of $9.0 million related to the Nokia security business acquisition.
* Non-GAAP1 operating income: $116.4 million, an increase of 15 percent compared to $100.9 million a year ago. Non-GAAP operating margin was 52 percent, compared to 51 percent a year ago.
* GAAP Net Income and Earnings per Diluted Share: GAAP net income was $75.6 million compared to $79.2 million in the second quarter of 2008. Earnings per share were $0.36 for both periods. The GAAP net income in the second quarter of 2009 included amortization of intangible assets in the amount of $4.6 million ($0.02 per diluted share) and restructuring charges of $9.0 million ($0.04 per diluted share) related to the Nokia security business acquisition. Net of taxes these charges totaled $11.9 million ($0.06 per diluted share).
* Non-GAAP1 Net Income and Earnings per Diluted Share: Non-GAAP net income was $100.9 million, compared to $92.7 million in the second quarter of 2008 and EPS was $0.48, an increase of 12 percent, compared to $0.43 in the second quarter of 2008.
* Deferred Revenues: As of June 30, 2009, we had deferred revenue of $362.1 million, which represented an increase of $82.9 million, or 30 percent compared to deferred revenues as of June 30, 2008.
* Cash Flow: Cash flow from operations was $112.7 million, an increase of 37 percent, compared to $82.6 million in the second quarter of 2008. We had $1.63 billion in cash and investments as of June 30, 2009.
* Share Repurchase Program: During the second quarter of 2009, we repurchased 2.2 million shares at a total cost of $50.0 million.

1 For information regarding the non-GAAP financial measures discussed in this release, please see “Use of Non-GAAP Financial Information” and “Reconciliation of Non-GAAP to GAAP Financial Information.”

Business Highlights
Mr. Shwed continued, “During the quarter we expanded our product portfolio with the introduction of our Power-1 11000 high end appliance series, the SMART-1 management appliances and the acquisition of the IP series appliance business from Nokia. We also added over 300 people as part of the acquisition, primarily in sales and marketing, R&D and technical services. As a result, we have increased our investment in future product development and have provided further resources to support our customers and partners even given today’s economy.”

During the second quarter of 2009 we expanded its security hardware appliance portfolio, giving customers more options to deploy our leading security software. In April, we completed the acquisition of the Nokia Security Appliance Business and delivered the new Check Point IP appliance line that utilizes our revolutionary new software blade architecture. This allows prior Nokia appliance customers the ability to take advantage of integrated Intrusion Prevention System (IPS) for the first time, and was followed by the introduction of the Power-1 11000 series appliances designed for high performance environments, based on our revolutionary Software Blade architecture.

Also in the second quarter, we introduced the SMART-1 appliances, representing the next step in our efforts to simplify security management for enterprises while providing the highest level of security. SMART-1 utilizes the benefits of Check Point’s Software Blade architecture and provides flexibility and extensibility to the network administrator by unifying network, IPS and endpoint security policy management.

Additionally, in July during our Check Point Experience in the Asia Pacific region we introduced our latest management blade, SmartWorkFlow, which enables customers to streamline security operations and achieve higher levels of compliance. We also announced our latest endpoint security solution, Endpoint Security R72, our latest version of the industry’s only single agent for endpoint security that utilizes our patent-pending WebCheck™ browser virtualization security technology to protect enterprise PCs against Web-based threats. Furthermore, to ease the end-user experience, Endpoint Security R72 OneCheck single authentication unlocks all endpoint security subsystems and VPN Auto-Connect simplifies remote access.

Mr. Shwed concluded: “I am proud of the record results we achieved this quarter. During my meetings with customers I encountered a great deal of enthusiasm for our strategy that was primarily focused on our software blade architecture and expanded appliance portfolio. I’d like to thank our partners and customers for their continued support of Check Point’s business.”

To Purchase Check Point Products Visit http://www.checkpointworks.com

Check Point Extends Its Leadership In Security Management

SmartWorkflow enables security policy change management helping customers reduce errors and enhance compliance.Check Point Software Technologies Ltd. , the worldwide leader in securing the Internet, today announced SmartWorkflow, a new security management software blade that provides customers the option of extending their security infrastructure with policy change management functionality. The new SmartWorkflow Software Blade enables an automated process of tracking, approving and auditing policy changes within the security management console, minimizing configuration errors and optimizing the integrity of network security. SmartWorkflow includes reporting and auditing capabilities that help customers ensure compliance with corporate policies and regulations.

“SmartWorkflow addresses our need for powerful and comprehensive policy change management and enforcement in an integrated console,” said John Reeman, technical director for Nebulas Solutions. “The SmartWorkflow Software Blade functionality lightens the management workload of our security administrators while also helping avoid dangerous mis-configurations.”

Security administrators are challenged by a constant stream of change requests. SmartWorkflow helps to ensure consistency across the company’s security policy, reducing the possibility of errors and policy mis-configuration. SmartWorkflow allows administrators to enforce a step-by-step workflow through a single management console--create a new session, work on the session, review session changes, submit session for approval, get approval and deploy changes. Reports can also be easily generated to show what was changed, added or removed before submission for approval, and administrators can compare and restore policies to a previous state. SmartWorkflow joins recently released SmartProvisioning, expanding the list of security management software blades.

“SmartWorkflow is another example of Check Point’s commitment to providing simplified management with the highest level of security," said Dr. Dorit Dor, vice president of products at Check Point. “Managing security policies is a common yet complex task for our customers, and SmartWorkflow helps simplify and improve their change management implementation from within the security management console.”

SmartWorkflow is available through Check Point’s unique Software Blade architecture, which allows customers to select the exact security software blades they need and combine them into a single, centrally managed gateway on the hardware of their choice. With the flexibility to deploy the software blades on existing security infrastructure, the total cost overhead remains low.

To Purchase Check Point Products Visit http://www.checkpointworks.com