Forbes Magazine Names Check Point Software Best Performing Internet Company
Check Point selected for exceptional growth, revenue and profits
REDWOOD CITY, Calif., Jan. 3, 2002 - Check Point Software Technologies Ltd. (NASDAQ:CHKP), the worldwide leader in securing the Internet, today announced that it has been named the best performer in Forbes.com's study of Internet-related stocks. The study examined 46 companies over a period from mid-1998 to December 2001, tracking financial performance, stock appreciation and relativity to the S&P 500 and Nasdaq 500.
Study results and analysis were published in a Forbes.com study titled "Web Stock Scorecard". In the review, Check Point is applauded for not only its stock appreciation of 655 percent during this period, but also for excellent business execution, which lead to exceptional growth in revenues and profits of approximately 200 percent over the last two years.
According to Forbes: "Check Point lived up to its promise as a high growth company: sales increased to $425.3 million in 2000 from $142 million in 1998. In the same time period, earnings jumped to $221 million from $70 million."
The Forbes.com "Web Stock Scorecard" results and article can be found at: http://www.forbes.com/2001/12/26/1226sf.html.
Check Point Software Technologies
Check Point Software Technologies is the worldwide leader in securing the Internet. It is the confirmed market leader of both the worldwide VPN and firewall markets. The company's Secure Virtual Network (SVN) architecture provides the VPN and security infrastructure that uniquely enables secure and reliable Internet communications. SVN solutions, as delivered in the company's Next Generation product family, secure business communications and resources for corporate networks, remote employees, branch offices and partner extranets. Extending the power of SVN is Check Point's Open Platform for Security (OPSEC), the industry's framework and alliance for integration and interoperability with "best-of-breed" solutions from over 300 leading companies. Check Point solutions are sold, integrated and serviced by a network of 2,000 certified partners in 203 countries. 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.
2001 Check Point Software Technologies Ltd. All rights reserved. Check Point, the Check Point logo, FireWall-1, FireWall-1 SecureServer, FireWall-1 SmallOffice, FloodGate-1, INSPECT, IQ Engine, Meta IP, MultiGate, Open Security Extension, OPSEC, Provider-1, SecureKnowledge, SecureUpdate, SiteManager-1, SVN, UAM, User-to-Address Mapping, UserAuthority, Visual Policy Editor, VPN-1, VPN-1 Accelerator Card, VPN-1 Gateway, VPN-1 SecureClient, VPN-1 SecuRemote, VPN-1 SecureServer, VPN-1 SmallOffice, and ConnectControl are trademarks, service marks, 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.