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Korean Internet Providers Association Selects Check Point/Nokia SmallOffice Appliance

SEOUL, KOREA, August 28, 2001 - Check Point Software Technologies Ltd. (NASDAQ:CHKP), the worldwide leader in securing the Internet, today announced that the Korea High-speed Internet Providers Association (KHIPA), a key high-end Internet network and security solutions provider, has chosen Check Point's VPN-1®/FireWall-1® SmallOffice running on the trusted Nokia IP51 security appliance, to provide secure connectivity for its expansive customer base. KHIPA will deliver enterprise-class security to small remote offices, telecommuters or a variety of WAN connections.

"Korea is a country with one of the highest rates of broadband access, especially ADSL, now numbering over 4 million users, said Mr. Kwang Jin Lee, chairman of KHIPA. "With Check Point VPN-1/FireWall-1 SmallOffice on the Nokia appliance, we expect to meet the growing demand for 'easy-to-deploy' security of the SMEs, branch offices and SOHOs using broadband access."

"We are pleased that the Check Point/Nokia solution has been selected as the platform of choice by KHIPA," said Limor Bakal, vice president, international sales and marketing for Check Point Software Technologies. "This underscores the momentum of the 'Secured by Check Point' initiative and the strength of our VPN-1/FireWall-1 SmallOffice offerings which bring Check Point's market-leading technology and management capabilities downstream to provide small and remote offices with comprehensive security previously only available to larger enterprises."

"The Nokia IP51 with Check Point is a state-of-the-art security platform for our existing and new customers who want an encompassing security infrastructure to protect their information resources and networks no matter where they are located," said Mr. Tim Lee, vice president, Asia Pacific, Nokia Internet Communications. "Our Korean customers who are looking to protect the perimeter of their network with an easy to deploy and manage security appliance will find an answer in this low-cost, entry-level appliance."

KHIPA joins the more than 80 of the world's leading managed Internet security service providers that have standardized on Check Point Software solutions for securing corporations of all sizes. Check Point's VPN-1/FireWall-1 SmallOffice solution brings enterprise-class security to small remote offices as well as small and medium businesses.

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 270 leading industry partners. Check Point solutions are sold, integrated and serviced by a network of over 1500 certified 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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(c)2001 Check Point Software Technologies Ltd. All rights reserved. Check Point, the Check Point logo, FireWall-1, FireWall-1 SecureServer, FloodGate-1, INSPECT, IQ Engine, MetaInfo, Meta IP, Open Security Extension, OPSEC, Provider-1, SecureKnowledge, SiteManager, SVN, UAM, UserAuthority, VPN-1, VPN-1 Accelerator Card, VPN-1 Appliance, VPN-1 Certificate Manager, VPN-1 Gateway, VPN-1 SecureClient, VPN-1 SecuRemote, VPN-1 SecureServer 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.