Check Point Software Techologies Ltd. Announces Initial Public Offerings

Redwood City, CA —

Check Point Software Technologies Ltd. (NASDAQ: CHKPF) today announced its initial public offering of 4,200,000 Ordinary Shares at $14.00 per share. Of the total, 3,000,000 Ordinary Shares are being offered by the Company and 1,200,000 Ordinary Shares are being offered by Selling Shareholders. The Ordinary Shares will trade on the Nasdaq National Market under the trading symbol CHKPF. Goldman, Sachs & Co., acted as lead manager, and Hambrecht & Quist LLC, Robertson Stephens & Company, LLC, and Wessels, Arnold & Henderson, L.L.C. acted as co-managers of the underwriting group.

Check Point Software Technologies Ltd. develops, markets and supports network security software products that enable connectivity with security and manageability.

Copies of the final prospectus may be obtained from Goldman, Sachs & Co., Prospectus Department, 85 Broad Street, Level 2C, New York, New York 10004, Phone (212) 902-1000; Hambrecht & Quist LLC, One Bush Street, San Francisco, California 94104, Phone (415) 576-3300; Robertson, Stephens & Company, LLC, 555 California Street, 26^th Floor, San Francisco, California 94104, Phone (415) 781-9700 and Wessels, Arnold & Henderson, L.L.C., 901 Marquette Avenue, Suite 2700, Minneapolis, Minnesota 55402-3280, Phone (612) 373-6100.

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