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Check Point Software Names Jerry Ungerman President

REDWOOD CITY, Calif., June 5, 2001 - Check Point Software Technologies Ltd. (NASDAQ:CHKP), the worldwide leader in securing the Internet, today announced that it has named Jerry Ungerman, formerly the company's Executive Vice President, as President. Ungerman's appointment reflects responsibilities he has received over the past two-and-a-half years. He will continue to have direct worldwide responsibility for sales, marketing, business development, product management and technical services. Gil Shwed transfers the President title to Ungerman and continues as Chairman and Chief Executive Officer.

"Over the past two-and-a-half years Jerry has helped guide Check Point through its remarkable growth," said Gil Shwed, chairman and chief executive officer of Check Point Software Technologies. "I am extremely pleased to give Jerry a title that more truly reflects his position in the company and I look forward to building upon our close working relationship."

"I am honored and pleased to accept this new position," said Jerry Ungerman, president of
Check Point Software Technologies. "Check Point has achieved a clear leadership position in the VPN and Firewall marketplace. With the release of our Next Generation products and a strong executive team, we are well positioned for tremendous future growth."

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 between 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 270 leading industry partners. 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

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(c)2001 Check Point Software Technologies Ltd. All rights reserved. Check Point, the Check Point logo, FireWall-1, FireWall-1 SecureServer, FloodGate-1, INSPECT, IQ Engine, MetaInfo, Meta IP, Open Security Extension, OPSEC, Provider-1, SecureKnowledge, SiteManager, SVN, UAM, UserAuthority, VPN-1, VPN-1 Accelerator Card, VPN-1 Appliance, VPN-1 Certificate Manager, VPN-1 Gateway, VPN-1 SecureClient, VPN-1 SecuRemote, VPN-1 SecureServer and ConnectControl 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 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.