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WatchGuard Technologies and Check Point Software Technologies Partner to Deliver VPN/Security Appliances Integrating Check Point VPN-1/FireWall-1

High-Performance Appliances Set New Standards in Firewall and VPN Performance

SEATTLE - (BUSINESS WIRE) - April 22, 2002 - WatchGuard Technologies, Inc. (Nasdaq:WGRD - news), a leading provider of Internet security solutions, today announced a partnership with Check Point Software Technologies (Nasdaq:CHKP - news) to deliver a new class of high-performance VPN/security appliances integrating Check Point Next Generation software.

The RapidStream family of "Secured by Check Point" appliances were developed by RapidStream, Inc., a privately held provider of ASIC-based firewall and VPN appliances that was acquired by WatchGuard on April 2, 2002. Leveraging the Check Point SecureXL(TM) performance framework, the family of RapidStream "Secured by Check Point" appliances set new benchmarks in firewall and VPN performance. The RapidStream 11000 delivers 1.2 Gbps Check Point VPN-1® (3DES-SHA1) throughput from a single device and 2.0 Gbps Check Point FireWall-1® throughput. The RapidStream family of "Secured by Check Point" appliances also includes:

  • RapidStream 8100 (600 Mbps FireWall-1 and 300 Mbps VPN-1)
  • RapidStream 6100 (270 Mbps FireWall-1 and 160 Mbps VPN-1)
  • RapidStream 2100 (240 Mbps FireWall-1 and 70 Mbps VPN-1)

The RapidStream 8100, 6100, and 2100 appliances are available immediately, while the RapidStream 11000 is expected to be available early in the third quarter. Sales of the RapidStream "Secured by Check Point" appliances will be marketed under the RapidStream name and handled separately from the current WatchGuard offerings.

"We are excited to develop a relationship with Check Point," said Jim Cady, president and CEO of WatchGuard. "With our RapidStream family of appliances, WatchGuard will now deliver a comprehensive, high-performance product line running Check Point VPN-1/FireWall-1. Check Point's customers will now have a new solution that will significantly enhance their price/performance proposition."

"We are pleased to work with WatchGuard to deliver industry-leading VPN/security appliances," said Asheem Chandna, vice president of business development and product management at Check Point Software Technologies. "VPN-1/FireWall-1 integrated on the RapidStream high-performance 'Secured by Check Point' appliances offer customers a comprehensive solution to secure networks with next generation performance requirements."

About WatchGuard Technologies, Inc.
WatchGuard is a leading provider of dynamic, comprehensive Internet security solutions designed to protect enterprises that use the Internet for e-business and secure communications. The Company is a pioneer in the creation of the plug-and-play Internet security appliance, the Firebox, and server security software. The Company's innovative LiveSecurity Service enables organizations and users to keep their security systems up to date, and its ServerLock and AppLock/Web software provide server content and application security to protect critical data and services against unauthorized or unintentional access or manipulation. For more information, please call 206/521-8340 or visit www.watchguard.com.

Certain statements in this press release, including statements about the benefits of the partnership between Check Point and WatchGuard, the availability of "Secured by Check Point" products, and other statements about our plans, objectives, intentions, and expectations are "forward-looking statements" within the meaning of the Securities Act of 1933, as amended. Forward-looking statements are based on the opinions and estimates of management at the time the statements are made and are subject to known and unknown risks and uncertainties and inaccurate assumptions that could cause actual results to differ materially from those expected or implied by the forward-looking statements. Our actual results could differ materially from those anticipated in the forward-looking statements for many reasons, including the risk that the partnership between WatchGuard and Check Point is terminated, the risk that the partnership between Check Point and WatchGuard does not result in the expected benefits to WatchGuard, the risk that WatchGuard cannot successfully integrate RapidStream-developed products, and the other risks described under "Important Factors That May Affect Our Operating Results, Our Business and Our Stock Price" in our annual report on Form 10-K for the year ended December 31, 2001, and in our Securities and Exchange Commission filings from time to time. Readers are cautioned not to place undue reliance upon these forward-looking statements, which speak only as of the date of this release.

WatchGuard, RapidStream, LiveSecurity, Firebox, ServerLock, and AppLock are either registered trademarks or trademarks of WatchGuard Technologies, Inc. or its subsidiaries in the United States and/or other countries. Check Point, FireWall-1, VPN-1 and SecureXL are either registered trademarks or trademarks of Check Point Software Technologies, Ltd. in the United States and/or other countries.

About 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.

2002 Check Point Software Technologies Ltd. All rights reserved.
Check Point, the Check Point logo, FireWall-1, OPSEC, VPN-1, SVN 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.