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Elron Software Joins Check Point's OPSEC Alliance Program

IM Web Inspector Will Integrate into Check Point's Secure Virtual Network Architecture

Burlington, Mass - November 5, 2001 - Elron Software, a leading provider of Internet filtering solutions, joined Check Point Software Technologies Open Platform for Security Alliance [OPSECT]. OPSEC is the industry's leading framework, providing an open choice of best-of-breed security products and platforms, tightly integrated and assured through certification. IM Web Inspector will utilize the OPSEC web interfaces to tightly integrate with Check Point's award-winning Secure Virtual Network architecture and address a key area of Internet security - web access control. By utilizing a comprehensive firewall and filtering solution, customers can easily manage employee Internet usage. .

Elron Software's IM Web Inspector product is different from other Web filtering solutions. Instead of relying on static lists, IM Web Inspector's exclusive SmartListT technology verifies "suspect" sites based on actual web page content, eliminating the time and money required to maintain and continually update new, 3rd-party, URL block lists. With the highest level of accuracy, IM Web Inspector allows organizations to proactively monitor, manage, and if necessary, filter access to Web sites.

"Elron Software actively supports Check Point's industry-wide initiative for security standards," said Ray Boelig, CEO and president of Elron Software. "As Internet security continues to be a top priority for many organizations, OPSEC is a seal of approval for customers seeking tightly integrated web filtering solutions to compliment their Internet security infrastructure."

"We are happy to welcome Elron Software to the OPSEC Alliance Program," said Upesh Patel, manager, OPSEC Alliance for Check Point Software Technologies (NASDAQ: CHKP). "The addition of Elron Software to the OPSEC alliance provides our customers with further choice of best-of-breed, integrated applications for comprehensive enterprise security."

About Check Point's OPSEC
OPSEC (Open Platform for Security) is the industry's leading open, multi- vendor security framework. With over 300 partners, OPSEC guarantees customers the broadest choice of best-of-breed integrated applications and deployment platforms that support Check Point's Secure Virtual Network Architecture. Products that carry the OPSEC Certified seal have been tested to guarantee integration and interoperability. For complete OPSEC Alliance program information including partner and product listings, the freely available OPSEC SDK (software development kit) and evaluation versions of OPSEC Certified products, visit http://www.opsec.com.

About Elron Software Inc.
Elron Software provides a comprehensive Internet Policy Management (IPM) solution that enables organizations to enhance the productive use of their Internet connections while limiting the risks associated with connecting their internal networks to the Internet. The Internet Manager product family consists of IM Message Inspector, IM Web Inspector, IM Firewall and IM Anti-Virus. Elron Software has licensed its products to over 4,500 organizations and government entities. With worldwide headquarters in Burlington, Massachusetts, Elron Software is a private company whose investors include Elron Electronic Industries (Nasdaq: ELRN) and Critical Path (Nasdaq:CPTH). For more information, please visit www.internetmanager.com.

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