Check Point Obtains Acceptance Level of 96.5 Percent of Protect Data

Business Wire, Jan 24, 2007

Extends Offer for Shareholders Who Have Not Yet Submitted Acceptance

RAMAT-GAN, Israel & STOCKHOLM, Sweden -- Check Point[R] Software Technologies Ltd. (NASDAQ:CHKP), the worldwide leader in securing the Internet, today announced that it has obtained approximately 96.5 percent of the shares of Protect Data AB (publ) (PROT.ST).

The extended acceptance period for Check Point's cash tender offer to acquire Protect Data expired on January 22, 2007. Check Point has now received, in total, acceptances of the offer from holders of 20,704,899 Protect Data shares, representing approximately 89.2 percent of the outstanding shares, and 117,950 warrants, representing approximately 92.2 percent of the outstanding warrants. In addition Check Point has acquired a total of 1,455,200 Protect Data shares in the market, representing approximately 6.3 percent of the outstanding shares. Check Point's holding in Protect Data now amounts to 22,160,099 shares and 117,950 warrants, which on a fully diluted basis represents approximately 96.5 percent of the shares and votes in Protect Data.1 Check Point has acted through its wholly-owned subsidiary C.P.S.T. Sweden Holdings AB.

Settlement of valid acceptances received by January 22, 2007, and that have not been settled previously, is expected to commence on or about February 1, 2007.

To allow time for the remaining shareholders and warrant holders, who wish to accept the offer, Check Point has extended the acceptance period until February 7, 2007, inclusive. Settlement of valid acceptances received during the extension period is expected to commence on or about February 19, 2007. Check Point may also acquire Protect Data shares in the market.

As previously announced, Check Point will initiate a compulsory redemption procedure to acquire the remaining shares and warrants in Protect Data as soon as possible and initiate a delisting of the shares in Protect Data from the Stockholm Stock Exchange.

Forward-looking statements

This press release and related offer documentation may contain forward-looking statements. These statements appear throughout such documentation and are not guarantees of future performance and are subject to inherent risks and uncertainties. Forward-looking statements include, but are not limited to, statements about the expected future business of Protect Data, Check Point and/or Check Point Holdings resulting from and following the Offer. These statements reflect Protect Data's or Check Point Holdings' respective management's current expectations based upon information currently available to them and are subject to various assumptions, as well as risks and uncertainties that may be outside of their control. Actual results could differ materially from those expressed or implied in such forward-looking statements as a result of a number of factors, including: the parties may not be able to achieve all of the benefits of the transaction within the expected time frames or at all; Check Point may experience unanticipated expenses in connection with the acquisition; Check Point may not be able to successfully integrate Pointsec's operations into those of Check Point and may experience a loss of customers, employees and business disruption; and other factors described in Check Point's Report on Form 20-F for the year ended December 31, 2005 which is on file with the Securities and Exchange Commission. Any such forward-looking statements speak only as of the date on which they are made and neither Check Point, Check Point Holdings nor Protect Data undertake any obligation to update or revise any of them, whether as a result of new information, future events or otherwise.

About Check Point Software Technologies Ltd.

Check Point Software Technologies Ltd. (www.checkpoint.com) is a leader in securing the Internet. It is a market leader in the worldwide enterprise firewall, consumer Internet security and VPN markets. Through its NGX platform, the company delivers a unified security architecture for a broad range of perimeter, internal, Web, and endpoint security solutions that protect business communications and resources for corporate networks and applications, remote employees, branch offices and partner extranets. The company's ZoneAlarm Internet Security Suite and additional consumer security solutions are among the highest rated in the industry today, proactively protecting millions of people from hackers, spyware, viruses and identity theft. Extending the power of the Check Point solution is its Open Platform for Security (OPSEC), the industry's framework and alliance for integration and interoperability with "best-of-breed" solutions from hundreds of leading companies. Check Point solutions are sold, integrated and serviced by a network of thousands of Check Point partners around the world and its customers include 100 percent of Fortune 100 companies and tens of thousands of businesses and organizations of all sizes.

About Protect Data AB (publ) and Pointsec Mobile Technologies AB