Check Point Obtains Acceptance Level of 96.5 Percent of Protect Data.

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

Pointsec is a worldwide provider of mobile device security - with the most customers deployed, highest level of certification and more complete device coverage than any other company. Pointsec delivers a trusted solution for automatic data encryption that guarantees proven protection at the most vulnerable point where sensitive enterprise data is stored - on mobile devices. By securing sensitive information stored on laptops, PDAs, smartphones, and removable media, enterprises and government organizations can protect and enhance their image, minimize risk, shield confidential data, guard information assets, and strengthen public and shareholder confidence. Pointsec's customers include enterprises and government organizations around the world. The company has operations in 14 countries and is represented through partners on all continents. Pointsec can be found on the web at: www.pointsec.com.

Stockholm headquartered Protect Data AB (publ) (PROT.ST) was founded in 1988, and is listed on the Stockholm Stock Exchange since 1997. The company has its full business focus on its wholly owned subsidiary, Pointsec Mobile Technologies AB. For more information, please visit Protect Data at: www.protectdata.com.

This press release is not and must not, directly or indirectly, be distributed or made public in Australia, Canada, Japan or South Africa. The Offer is not being made to persons in those jurisdictions or elsewhere where their participation requires further offer documents, filings or other measures in addition to those required by Swedish law.

1 Exclusive of 495,045 warrants held by Protect Data related to the US Stock Option Plan. Assuming all vested stock options and thereto underlying warrants are exercised, the shares and warrants held by Check Point represent 95.7 percent of the shares and votes of Protect Data.