Home Page | Skip to Navigation | Skip to Content | Skip to Search | Skip to Footer

CHECK POINT SOFTWARE TECHNOLOGIES LTD. FILES FOR SECONDARY PUBLIC OFFERING

REDWOOD CITY, CA – February 10, 1997 – Check Point Software Technologies Ltd. (NASDAQ: CHKPF) today announced that it has filed a registration statement with the Securities and Exchange Commission relating to the public offering of 5,500,000 Ordinary Shares, of which 800,000 Ordinary Shares will be sold by the Company and 4,700,000 Ordinary Shares will be sold by the Selling Shareholders. Of the 5,500,000 Ordinary Shares offered, 4,400,000 Ordinary Shares will be offered in the United States and 1,100,00 Ordinary Shares will be offered in a concurrent international offering outside the United States. In addition, the Company and the Selling Shareholders will grant the Underwriters an option to purchase up to 825,000 additional Ordinary Shares for the purpose of covering over-allotments, if any.

The offering will be managed by Goldman, Sachs & Co., Hambrecht & Quist LLC, Robertson, Stephens & Company LLP, and Wessels, Arnold & Henderson, L.L.C.
A registration statement relating to these securities has been filed with the Securities and Exchange Commission but has not yet become effective. These securities may not be sold nor may offers to buy be accepted prior to the time the registration statement becomes effective. This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of these securities in any state in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state.

Copies of the preliminary prospectus relating to the offering 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 LLP, 555 California Street, 26th 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.

###

1997 Check Point Software Technologies Ltd. Check Point and the Check Point logo are trademarks of Check Point Software Technologies Ltd.