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Telecom Italia Chooses Check Point Software Technologies for Managed Network Security Services

Largest Italian Telecommunications Provider Employs Check Point Provider-1 to Manage Network Security Policies in its "BUSINESS FULL SECURITY" Offering

RAMAT GAN, ISRAEL – March 8, 2000 – Check Point Software Technologies Ltd. (Nasdaq: CHKP), the worldwide leader in securing the Internet, today announced that Telecom Italia SPA, the largest telecommunications provider in Italy, would incorporate Check Point Provider-1™ into its managed security service offering called "BUSINESS FULL SECURITY." The agreement enables Telecom Italia to extend to its customers the very best in managed security services, including Internet security, based on Check Point Software's market-leading Secure Virtual Network (SVN) architecture.

As a part of the agreement, Telecom Italia will also join Check Point's Certified Managed Service Providers (CCMSP) Program. The CCMSP Program is a category within Check Point Software's Open Platform for Security (OPSEC) Alliance and is central to Check Point Software's commitment to delivering carrier-class, flexible, manageable and cost effective solutions to telcos and ISPs.

"Outsourcing security is an increasingly popular option for Italian companies," said Mr. Umberto Tucci, Telecom Italia Marketing Director for Top Customers, Italian Market. "The Check Point architecture enables Telecom Italia to deliver secure global Internet solutions, which allow customers to focus on business. As demand grows, we plan to further extend our offering with virtual private network (VPN) services."

"Telecom Italia is a distinguished industry leader, and we are pleased to provide them with our solutions for large-scale management and overall Internet security as the basis for their managed security services," says Limor Bakal, vice president of international sales and marketing, Check Point Software Technologies. "Check Point's Secure Virtual Network (SVN) architecture will provide Telecom Italia customers comprehensive Internet security, including business-to-business (B2B) communications between networks, systems, applications and users across the Internet, Intranets and extranets."

About Telecom Italia

The Telecom Italia Group is Italy's premier telecommunications company, operating across the entire ICT spectrum from fixed, mobile and satellite telecommunications to multimedia services and IT.

The Group also operates in the installations and manufacturing industries, and in research and development.

In the international marketplace, Telecom Italia Group interests are concentrated primarily in Europe, Latin America and the Mediterranean basin. The Group operates in the fixed-wire telecommunications industry through Telecom Italia S.p.A., Italy's largest domestic and international fixed network telecommunications services company, and one of the largest in the world.

TIM (Telecom Italia Mobile) is Europe's largest mobile telecommunications services provider, and the third largest in the world.

Through Telecom Italia and TIM, the Group is present in all areas of the Italian Internet market. To enhance the Internet range, the 17 February 2000 Board Meeting approved a plan to incorporate Tin.it into Seat Pagine Gialle.

Telespazio is the Group's satellite telecommunications arm, while a holding in Stream guarantees a presence in the digital TV market, specifically Pay TV via cable and satellite.

The Group is active in the IT and innovative network services businesses through the IT Division which includes Finsiel – Italy's leading and one of Europe's premier groups in the industry – as well as other units.

The Telecom Italia Group is implementing a policy of divestment in the manufacturing and installations industries, where it is represented respectively by Italtel and Sirti.

About Check Point Software Technologies

Check Point Software Technologies is the worldwide leader in securing the Internet.

The company's Secure Virtual Network (SVN) architecture provides the infrastructure that enables secure and reliable Internet communications. SVN secures business-to-business (B2B) communications between networks, systems, applications and users across the Internet, Intranets and extranets. Check Point's Open Platform for Security (OPSEC) provides the framework for integration and interoperability with "best-of-breed" solutions from over 200 leading industry partners. For more information, please call us at (800) 429-4391 or (650) 628-2000 or visit us on the Web at http://www.checkpoint.com or at http://www.opsec.com.


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2000 Check Point Software Technologies Ltd. All rights reserved. Check Point, the Check Point logo, FireWall-1, FloodGate-1, INSPECT, IQ Engine, Meta IP, Open Security Extension, OPSEC, Provider-1, User-to-Address Mapping, VPN-1, VPN-1 Accelerator Card, VPN-1 Appliance, VPN-1 Certificate Manager, VPN-1 Gateway, VPN-1 SecuRemote, VPN-1 SecureServer, Secure Virtual Network and ConnectControl are trademarks or registered trademarks of Check Point Software Technologies Ltd. or its affiliates. All other product names mentioned herein are trademarks or registered trademarks of their respective owners. The products described in this document are protected by U.S. Patent No. 5,606,668 and 5,835,726 and may be protected by other U.S. Patents, foreign patents, or pending applications. Internet Security Systems, RealSecure, SAFEsuite and ePatrol are trademarks of Internet Security Systems, Inc. and ISS Group, Inc.

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