Broadcom Introduces 500Mbps PCI-Based IPsec Processor Card for Integration with Check Point's VPN-1/Firewall-1 Solution

New BCM95822CP Board Demonstrates Broadcom's Ability to Deliver World-Class Hardware Solutions for Best-of-Breed Security Software

IRVINE, Calif. - February 12, 2003 - Broadcom Corporation (Nasdaq: BRCM), the leading provider of integrated circuits enabling broadband communications, today announced the Broadcom® BCM95822CP, a PCI-based Internet Protocol security (IPsec) processor card designed specifically for Check Point Software Technologies Ltd. (Nasdaq: CHKP). This new security board is the latest development in the continued partnership between the two companies to create and deliver next-generation wire-speed virtual private network (VPN) and firewall acceleration solutions. The BCM95822CP is seamlessly integrated with Check Point's market-leading VPN-1®/Firewall-1® software, demonstrating Broadcom's continued leadership in Internet security and its ability to deliver world-class hardware solutions for best-of-breed security software.

The BCM95822CP security processor card integrates a high-performance IPsec engine that provides up to 500 Megabits per second (Mbps) of IPsec performance for 3DES and HMAC-SHA-1 applications. It supports bulk cryptographic functions such as DES, 3DES and ARC4 symmetric encryption algorithms, and HMAC-SHA-1 and HMAC-MD5 authentication algorithms. The new security card also features concurrent public key acceleration and symmetric key processing, a true random number generator, a PCI interface and requires no external memory on board. Since the BCM95822CP requires no external components and is seamlessly integrated with Check Point® software, it is the perfect solution for cost-sensitive security applications involving VPN appliances, edge and enterprise routers, and servers.

"We are pleased to extend our strategic partnership with Broadcom to provide our customers with high-performance VPN solutions," said Goren Fink, Vice-President, Solutions and Strategy, Check Point Software Technologies. "The combination of Check Point's market-leading security solutions with the Broadcom BCM95822CP processor card addresses the needs of the high-end market with best-of-breed solutions that will meet and exceed our customers' demanding performance requirements."

"The combination of Check Point's and Broadcom's security technologies allows network managers to secure very high volumes of network traffic generated by the growth of the Internet," said Ford Tamer, Vice-President and General Manager of Broadcom's Switching and Security Business Unit. "It is our intention to provide our joint customers with the most optimal VPN acceleration solutions in enterprise and ISP networks that feature ease of use, seamless integration, high performance and cost-effectiveness. The BCM95822CP meets those objectives."

Broadcom and Check Point entered into a strategic partnership in October 2000 to develop the next generation of hardware and software VPN acceleration solutions. Since the BCM95822CP is a completely integrated encryption acceleration solution, users can seamlessly deploy hardware acceleration and do not have to integrate hardware or any associated software in order to implement VPN acceleration into their systems, resulting in easier deployment and faster time-to-market opportunities.

The BCM95822CP supports the PCI 2.2 interface which is easy to use and compatible with most existing PC systems. It requires no external components and is ideal for low-cost, add-in card applications requiring IPsec acceleration.

Broadcom's BCM95822CP also features unlimited security association (SA) support via system memory and a multi-threaded DMA engine to best utilize system memory and to maximize throughput in real-world applications. The new security processor card also has the ability to pre-fetch new context and packets to minimize performance degradation when processing small packets.

The public key acceleration unit within the BCM95822CP supports over 1600 Diffie-Hellman key exchanges per second. The BCM95822CP drivers are Check Point OPSEC (Open Platform for Security) certified and available for multiple platforms including Microsoft® Windows® (NT, 2000), Solaris™ (32-bit and 64-bit) and Linux®. The BCM95822CP is also compatible with industry standard IPsec and IKE software, as well as with Broadcom's common Crypto API (application program interface) software.

About Broadcom
Broadcom Corporation is the leading provider of highly integrated silicon solutions that enable broadband communications and networking of voice, video and data services. Using proprietary technologies and advanced design methodologies, Broadcom designs, develops and supplies complete system-on-a-chip solutions and related hardware and software applications for every major broadband communications market. Our diverse product portfolio includes solutions for digital cable and satellite set-top boxes; cable and DSL modems and residential gateways; high-speed transmission and switching for local, metropolitan and wide area networking; home and wireless networking; cellular and terrestrial wireless communications; Voice over Internet Protocol (VoIP) gateway and telephony systems; broadband network processors; and SystemI/O™ server solutions. These technologies and products support our core mission: Connecting everything®. Broadcom is headquartered in Irvine, Calif., and may be contacted at 1-949-450-8700 or at www.broadcom.com.

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All statements included or incorporated by reference in this release, other than statements or characterizations of historical fact, are forward-looking statements. These forward-looking statements are based on our current expectations, estimates and projections about our industry, management's beliefs, and certain assumptions made by us. Forward-looking statements can often be identified by words such as "anticipates," "expects," "intends," "plans," "predicts," "believes," "seeks," "estimates," "may," "will," "should," "would," "potential," "continue," similar expressions, and variations or negatives of these words. In addition, any statements that refer to expectations, projections or other characterizations of future events or circumstances, including any underlying assumptions, are forward-looking statements. These forward-looking statements speak only as of the date hereof, and are based upon the information available to us at this time. Such information is subject to change, and we will not necessarily inform you of such changes. These statements are not guarantees of future performance and are subject to risks, uncertainties and assumptions that are difficult to predict. Therefore, our actual results could differ materially and adversely from those expressed in any forward-looking statements as a result of various factors.

Important factors that may cause such a difference for Broadcom in connection with its BCM95822CP products include, but are not limited to, general economic and political conditions and specific conditions in the markets we address, including the continuing significant economic slowdown and volatility in the technology sector and semiconductor industry, trends in the broadband communications markets in various geographic regions, and possible disruption in commercial activities related to terrorist activity or armed conflict in the United States and other locations; the timing and successful completion of technology and product development through volume production; the rate at which our present and future customers and end-users adopt Broadcom's technologies and products in the markets for enterprise security applications; delays in the adoption and acceptance of industry standards in those markets; the effects of new and emerging technologies; competitive pressures and other factors such as the qualification, availability and pricing of competing products and technologies and the resulting effects on sales and pricing of our products; our ability to retain and hire key executives, technical personnel and other employees in the numbers, with the capabilities, and at the compensation levels needed to implement our business and product plans; our ability to specify, develop or acquire, complete, introduce, market and transition to volume production new products and technologies in a timely manner; the timing of customer-industry qualification and certification of our products and the risks of non-qualification or non-certification; the timing, rescheduling or cancellation of significant customer orders and the ability of our customers to manage their inventories; the loss of a key customer; the volume of our product sales and pricing concessions on volume sales; changes in our product or customer mix; intellectual property disputes and customer indemnification claims and other types of litigation risk; the availability and pricing of third party semiconductor foundry and assembly capacity and raw materials; fluctuations in the manufacturing yields of our third party semiconductor foundries and other problems or delays in the fabrication, assembly, testing or delivery of our products; the risks of producing products with new suppliers and at new fabrication and assembly facilities; problems or delays that we may face in shifting our products to smaller geometry process technologies and in achieving higher levels of design integration; the quality of our products and any remediation costs; the effectiveness of our expense and product cost control and reduction efforts; the risks and uncertainties associated with our international operations, particularly in light of recent events; the effects of natural disasters, international conflicts and other events beyond our control; the level of orders received that can be shipped in a fiscal quarter; and other factors.

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Broadcom®, the pulse logo, Connecting everything®, and SystemI/O™ are trademarks of Broadcom Corporation and/or its affiliates in the United States and certain other countries. Check Point®, VPN-1® and Firewall-1® are trademarks of Check Point Software Technologies Ltd. Microsoft® and Windows® are trademarks of Microsoft Corporation. Solaris™ is a trademark of Sun Microsystems. Linux® is a trademark of Linus Torvalds. All other trademarks mentioned are the property of their respective owners.