Check Point's Ownership in Protect Data Reaches 98.3 Percent

Protect Data to be delisted on February 13, 2007

Ramat-Gan, Israel and Stockholm, Sweeden —

Check Point® Software Technologies Ltd. (NASDAQ: CHKP), the worldwide leader in securing the Internet, today announced that it has obtained approximately 98.3 percent of the shares of Protect Data AB (publ) (PROT.ST).

The extended acceptance period for Check Point's cash tender offer to acquire Protect Data expired on February 7, 2007. Check Point has received acceptances of the offer from holders of 20,975,569 Protect Data shares, representing approximately 90.3 percent of the outstanding shares, and 117,950 warrants, representing approximately 92.2 percent of outstanding warrants. In addition, Check Point has acquired 1,606,300 Protect Data shares in the market, representing approximately 6.9 percent of the outstanding shares. Check Point's holding in Protect Data amounts to 22,581,869 shares and 117,950 warrants, which on a fully diluted basis represents approximately 98.3 percent of the shares and votes in Protect Data¹. Check Point has acted through its wholly owned subsidiary C.P.S.T. Sweden Holdings AB.

Settlement of valid acceptances received not later than February 7, 2007, and that have not been settled previously, is expected to commence on or about February 19, 2007.

As previously announced, Protect Data has, in consultation with the Stockholm Stock Exchange, resolved to delist the shares in Protect Data from the Stockholm Stock Exchange as of February 13, 2007. Last day of trading is February 12, 2007. Check Point has initiated a compulsory redemption procedure to acquire the remaining shares in Protect Data. Check Point may acquire additional Protect Data shares in the market.

Forward-looking statements
This press release and related offer documentation may contain forward-looking statements. These statements appear throughout such documentation and are not guarantees of future performance and are subject to inherent risks and uncertainties. Forward-looking statements include, but are not limited to, statements about the expected future business of Protect Data, Check Point and/or Check Point Holdings resulting from and following the Offer. These statements reflect Protect Data's or Check Point Holdings' respective management's current expectations based upon information currently available to them and are subject to various assumptions, as well as risks and uncertainties that may be outside of their control. Actual results could differ materially from those expressed or implied in such forward-looking statements as a result of a number of factors, including: the parties may not be able to achieve all of the benefits of the transaction within the expected time frames or at all; Check Point may experience unanticipated expenses in connection with the acquisition; Check Point may not be able to successfully integrate Pointsec's operations into those of Check Point and may experience a loss of customers, employees and business disruption; and other factors described in Check Point's Report on Form 20-F for the year ended December 31, 2005 which is on file with the Securities and Exchange Commission. Any such forward-looking statements speak only as of the date on which they are made and neither Check Point, Check Point Holdings nor Protect Data undertake any obligation to update or revise any of them, whether as a result of new information, future events or otherwise.

About Check Point Software Technologies Ltd.
Check Point Software Technologies Ltd. (www.checkpoint.com) is a leader in securing the Internet. It is a market leader in the worldwide enterprise firewall, consumer Internet security and VPN markets. Through its NGX platform, the company delivers a unified security architecture for a broad range of perimeter, internal, Web, and endpoint security solutions that protect business communications and resources for corporate networks and applications, remote employees, branch offices and partner extranets. The company's ZoneAlarm Internet Security Suite and additional consumer security solutions are among the highest rated in the industry today, proactively protecting millions of people from hackers, spyware, viruses and identity 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 hundreds of leading companies. Check Point solutions are sold, integrated and serviced by a network of thousands of Check Point partners around the world and its customers include 100 percent of Fortune 100 companies and tens of thousands of businesses and organizations of all sizes.

About Protect Data AB (publ) and Pointsec Mobile Technologies AB
Pointsec is a worldwide provider of mobile device security – with the most customers deployed, highest level of certification and more complete device coverage than any other company. Pointsec delivers a trusted solution for automatic data encryption that guarantees proven protection at the most vulnerable point where sensitive enterprise data is stored – on mobile devices. By securing sensitive information stored on laptops, PDAs, smartphones, and removable media, enterprises and government organizations can protect and enhance their image, minimize risk, shield confidential data, guard information assets, and strengthen public and shareholder confidence. Pointsec's customers include enterprises and government organizations around the world. The company has operations in 14 countries and is represented through partners on all continents. Pointsec can be found on the web at: www.pointsec.com.

Stockholm headquartered Protect Data AB (publ) (PROT.ST) was founded in 1988, and is listed on the Stockholm Stock Exchange since 1997. The company has its full business focus on its wholly owned subsidiary, Pointsec Mobile Technologies AB. For more information, please visit Protect Data at: www.protectdata.com.

¹Exclusive of 495,045 warrants held by Protect Data related to the US Stock Option Plan. Assuming all vested stock options and thereto underlying warrants are exercised, the shares and warrants held by Check Point represent 97.5 percent of the shares and votes of Protect Data.

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