Aladdin HASP SRM Wins CODiE Award for Best Digital Rights Management Solution

Market Wire, May, 2008

Aladdin Knowledge Systems (NASDAQ: ALDN), an information security leader specializing in authentication, software DRM and content security, today announced that Aladdin HASP SRM earned the prestigious 2008 CODiE Award in the "Best Digital Rights Management Solution" category from the Software and Information Industry Association (SIIA).

Presented yesterday during the CODiE Awards Gala in San Francisco, California, the award recognizes the solution that best allows the secure electronic purchase, distribution and subsequent use of software and/or information. The SIIA CODiE Awards have celebrated outstanding achievement and visionary software, digital information and education technologies for more than twenty years. Judged through a unique combination of journalist and peer review, the CODiE Awards remain a standard of quality and innovation in technology today.

The industry's leading software copy protection , IP protection and secure licensing solution, Aladdin HASP SRM enables software publishers to grow their business and maximize profits. As an industry-unique end-to-end software DRM platform, Aladdin HASP SRM integrates hardware- and software-based security in a single solution. It allows software publishers to completely separate engineering from business processes and fully aligns protection and licensing with the software product lifecycle.

"Being selected as a winner of a CODiE award is a momentous achievement within the software and information industry," said Ken Wasch, SIIA President. "SIIA applauds Aladdin HASP SRM, as it makes its mark among the many industry players leading in innovation and forward-thinking technologies. The lengthy legacy of the CODiE Awards parallels the great achievements and ever-dynamic environment within the software and information industry."

"An extremely competitive race for recognition, the SIIA CODiE Awards are among the highest honors in the software industry due to its focus on peer review and selection," said Laila Arad-Allan, vice president of software DRM at Aladdin Knowledge Systems. "Aladdin HASP SRM's CODiE Award for Best Digital Rights Management stands as a true testament to Aladdin's innovation, industry-pioneering solution, and commitment to its #1 position."

For a complete list of 2008 CODiE Awards winners, visit www.siia.net/codies/2008/winners.asp .

About SIIA

The Software & Information Industry Association (SIIA) is the principal trade association for the software and digital content industry. SIIA provides global services in government relations, business development, corporate education and intellectual property protection to more than 550 leading software and information companies. For further information, visit www.siia.net .

About Aladdin HASP

The Aladdin HASP family of software DRM products is the #1 choice of software publishers worldwide. HASP provides software developers with strong software protection, licensing and distribution solutions that enable them to prevent software piracy and increase revenues, protect intellectual property, and expand licensing models to reach more customers. Visit www.Aladdin.com/HASP .

About Aladdin

Aladdin Knowledge Systems' Software Rights Management products are the #1 choice of software developers and publishers to protect intellectual property, increase revenues, and reduce losses from software piracy. Aladdin eToken is the world's #1 USB-based authentication solution. The Aladdin eSafe secure Web gateway provides the most advanced protection against the latest Web-based threats and attacks. Aladdin has offices in 12 countries, a worldwide network of channel partners, and has won numerous awards for innovation. For more information, visit the Aladdin Web site at www.Aladdin.com .

©2008 Aladdin Knowledge Systems, Ltd. All rights reserved. HASP, Aladdin Knowledge Systems and the Aladdin logo are trademarks or registered trademarks of Aladdin Knowledge Systems, Ltd. All other product and brand names mentioned in this document are trademarks or registered trademarks of their respective owners.

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Press Contact: Matthew Zintel Zintel Public Relations matthew.zintel@zintelpr.com 310.574.8888 Investor Relations Contact: Erik Knettel / Andrea Costa Global Consulting Group aladdin@hfgcg.com 646.284.9400