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Analyst Firm Places Check Point in the Leader Quadrant in VPN Magic Quadrant

Company Evaluated For Ability to Execute and Completeness of Vision

REDWOOD CITY, Calif., Sept. 27, 2004 - Check Point Software Technologies Ltd. (NASDAQ: CHKP), the worldwide leader in securing the Internet, today announced that it has been listed in the leader quadrant in Gartner's IPSec VPN Equipment Magic Quadrant report, published September 24, 2004. According to Gartner, the leader quadrant includes organizations that are performing well today, have a clear vision of market direction and are actively building competencies to sustain their leadership position in the market.

Check Point was placed in the leader quadrant based on ability to execute and completeness of vision. Gartner specifically recognizes Check Point for "VPN Security Vision" particularly in authentication and remote client support. Additionally, Gartner acknowledges Check Point for its integration of Zone Labs endpoint security solutions to strengthen the company's remote client support.

"Over 10 years ago, Check Point coined the phrase VPN, later pioneered the VPN market with the VPN-1 product and introduced the concept of integrating VPN functionality with the firewall," said Carol Stone, vice president of marketing for Check Point. "Here we are years later and Check Point continues to set the bar when it comes to the balance between customer objectives of security effectiveness, performance and manageability. A strong track record for innovation and execution has enabled Check Point to build impressive mind share and a large install base."

Nokia and Check Point Continue IPSec VPN Dominance
Nokia and Check Point leverage their respective engineering resources to innovate and deliver leading Internet security solutions which combine the unique strengths of both organizations. The report refers to Check Point and Nokia's presence in the IPSec VPN market.

"Nokia and Check Point are committed to working together to bring complete, flexible, cost-effective security platforms to the market," said Greg Shortell, senior vice president of sales and marketing, Nokia Enterprise Solutions. "Through our strong six-year alliance we'll continue to deliver industry-leading security solutions to address our customers' needs."

About the Magic Quadrant
The Magic Quadrant is copyrighted April 20, 2004 by Gartner, Inc. and is reused with permission. The Magic Quadrant is a graphical representation of a marketplace at and for a specific time period. It depicts Gartner's analysis of how certain vendors measure against criteria for that marketplace, as defined by Gartner. Gartner does not endorse any vendor, product or service depicted in the Magic Quadrant, and does not advise technology users to select only those vendors placed in the "Leaders" quadrant. The Magic Quadrant is intended solely as a research tool, and is not meant to be a specific guide to action. Gartner disclaims all warranties, express or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.

About Check Point Software
Check Point Software Technologies (www.checkpoint.com) is the worldwide leader in securing the Internet. It is the confirmed market leader of both the worldwide VPN and firewall markets. Through its Next Generation product line, the company delivers a broad range of intelligent Perimeter, Internal and Web security solutions that protect business communications and resources for corporate networks and applications, remote employees, branch offices and partner extranets. The company's Zone Labs (www.zonelabs.com) division is one of the most trusted brands in Internet security, creating award-winning endpoint security solutions that protect millions of PCs from hackers, spyware and data theft. Extending the power of the Check Point solution is its Open Platform for Security (OPSEC), the industry's framework and alliance for integration and interoperability with "best-of-breed" solutions from over 350 leading companies. Check Point solutions are sold, integrated and serviced by a network of more than 2,300 Check Point partners in 92 countries.

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©2004 Check Point Software Technologies Ltd. All rights reserved.
Check Point, Application Intelligence, Check Point Express, the Check Point logo, AlertAdvisor, ClusterXL, Cooperative Enforcement, ConnectControl, Connectra, CoSa, Cooperative Security Alliance, FireWall-1, FireWall-1 GX, FireWall-1 SecureServer, FloodGate-1, Hacker ID, IMsecure, INSPECT, INSPECT XL, Integrity, InterSpect, IQ Engine, Open Security Extension, OPSEC, Policy Lifecycle Management, Provider-1, Safe@Home, Safe@Office, SecureClient, SecureKnowledge, SecurePlatform, SecurRemote, SecurServer, SecureUpdate, SecureXL, SiteManager-1, SmartCenter, SmartCenter Pro, Smarter Security, SmartDashboard, SmartDefense, SmartLSM, SmartMap, SmartUpdate, SmartView, SmartView Monitor, SmartView Reporter, SmartView Status, SmartViewTracker, SofaWare, SSL Network Extender, TrueVector, UAM, User-to-Address Mapping, UserAuthority, VPN-1, VPN-1 Accelerator Card, VPN-1 Edge, VPN-1 Pro, VPN-1 SecureClient, VPN-1 SecuRemote, VPN-1 SecureServer, VPN-1 VSX, Web Intelligence, ZoneAlarm, Zone Alarm Pro, Zone Labs, and the Zone Labs logo, 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, 5,835,726 and 6,496,935 and may be protected by other U.S. Patents, foreign patents, or pending applications.