Check Point and Broadcom Enter Strategic Partnership to Develop Multi-Gigabit Security Products

Leaders Collaborate to Secure eBusiness Traffic at Multi-Gigabit Speeds with Unprecedented Price/Performance

REDWOOD CITY, Calif. and IRVINE, Calif. – October 3, 2000 – Check Point Software Technologies, Ltd. (NASDAQ: CHKP), the leader in securing the Internet, and Broadcom Corporation (NASDAQ: BRCM), the leading provider of integrated circuits enabling high-speed broadband communications, today announced a strategic partnership to jointly develop and deliver the next generation of wire-speed virtual private network (VPN) and firewall acceleration solutions. The combination of Check Point's Secure Virtual Network (SVN) architecture for Internet security and Broadcom's CryptoNET™ family of high-performance security processors is targeted to accelerate the ability to transact real-time secure eBusiness at rates ranging from T3 (45 Megabits per second (Mbps)) to multi-Gigabits per second.

During this calendar quarter, the companies will bring a VPN acceleration card to market based on Broadcom's state-of-the-art VPN processor technology. The new VPN-1 Accelerator Card II delivers raw performance of over 300 Megabits per second for under $1000. This in combination with Check Point's market-leading SVN systems provides the industry's highest performance security solution at unprecedented price points. As a part of their strategic partnership, Broadcom and Check Point will also collaborate to develop solutions for multi-Gigabit security performance to address high-capacity broadband connections, planned for delivery in 2001.

In a significant step forward, Broadcom and Check Point will be delivering the VPN-1 Accelerator Card II. The VPN-1 Accelerator Card II is built upon the industry's fastest cryptographic processor chip, the Broadcom BCM5805, capable of 310 Mbps 3DES IPSec performance for full duplex SONET OC-3 network speeds. The BCM5805 is a high-performance IP security processor chip that implements all of the relevant standards-compliant protocols, including IPSec, Internet Key Exchange (IKE), Secure Socket Layer (SSL) and Transport Layer Security (TLS). Targeted for availability in November 2000 at a price of $995 in the U.S., the card provides unprecedented price/performance and can be deployed in conjunction with Check Point VPN-1 systems across multiple platforms, including Solaris, Windows, and Linux-based appliances.

"We are pleased to partner with Broadcom to enable secure eBusiness over emerging high-performance broadband networks," said Asheem Chandna, Vice President of Business Development and Product Management for Check Point Software Technologies. "This best-of-breed partnership with Broadcom extends our leadership in delivering the industry's highest performance VPN solutions."

"Broadcom's objective is to provide cost-effective, wire-speed security solutions for every broadband connection worldwide," said Marty Colombatto, Vice President and General Manager of Broadcom's Networking Business Unit. "Partnering with Check Point, the leader in VPNs and firewalls, will have an immediate positive impact on both the deployment and performance of security products for today's eBusiness applications."

The combination of Check Point's and Broadcom's market-leading technologies will allow network managers to secure increasingly high volumes of network traffic generated by the growth of eBusiness environments.

About Check Point Software Technologies

Check Point Software Technologies is the worldwide leader in securing the Internet. The company's Secure Virtual Network (SVN) architecture provides the infrastructure that enables secure and reliable Internet communications. SVN secures business-to-business (B2B) communications among networks, systems, applications and users across the Internet, intranets and extranets. Check Point's Open Platform for Security (OPSEC) provides the framework for integration and interoperability with "best-of-breed" solutions from over 250 leading industry partners. For more information, please call us at (800) 429-4391 or (650) 628-2000 or visit us on the Web at www.checkpoint.com or at www.opsec.com.

About Broadcom

Broadcom Corporation is the leading provider of highly integrated silicon solutions that enable broadband digital transmission of voice, video, and data. Using proprietary technologies and advanced design methodologies, the company designs, develops and supplies integrated circuits for a number of the most significant broadband communications markets, including the markets for cable set-top boxes, cable modems, high-speed local, metropolitan and wide area networks, home networking, Voice over Internet Protocol (VoIP), residential broadband gateways, direct broadcast satellite and terrestrial digital broadcast, optical networking, digital subscriber lines (xDSL) and wireless communications. Broadcom is headquartered in Irvine, Calif., and may be contacted at 949-450-8700 or at www.broadcom.com.

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995:

This release may contain forward-looking statements based on Check Point's and/or Broadcom's current expectations, estimates and projections about our industry, beliefs of our respective managements, and certain assumptions made by either or both companies. Words such as "anticipates," "expects," "intends," "plans," "believes," "seeks," "estimates," "may," "will" and variations of these words or similar expressions are intended to identify forward-looking statements. 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 statements are not guarantees of future performance and are subject to certain risks, uncertainties and assumptions that are difficult to predict. Therefore, the actual results of Check Point or Broadcom could differ materially and adversely from those expressed in any forward-looking statements as a result of various factors. Our respective Securities and Exchange Commission filings discuss some of the important risk factors that may affect our business, results of operations and financial condition. Neither Check Point nor Broadcom undertakes any obligation to revise or update publicly any forward-looking statements for any reason.

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Check Point, the Check Point logo, FireWall-1, VPN-1, VPN-1 Accelerator Card, VPN-1 Appliance, VPN-1 Gateway and Secure Virtual Network 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 Check Point products described in this document are protected by U.S. Patent No. 5,606,668 and 5,835,726 and may be protected by other U.S. Patents, foreign patents, or pending applications.

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