Telecom Italia Offers Managed VPN Services Based on Check Point Software Technologies.

Business Editors/High-Tech Writers

RAMAT GAN, Israel--(BUSINESS WIRE)--Oct. 2, 2001

Leading Italian Telecommunications Provider Extends Deployment of

Check Point Provider-1 and VPN-1 to Support its "Full Business

Security" Managed Service Offering

Check Point Software Technologies Ltd. (Nasdaq:CHKP), the worldwide leader in securing the Internet, today announced Telecom Italia's Wireless Data.com division will extend its "Full Business Security" managed service offering to include managed VPN services based on Check Point's award-winning Secure Virtual Network (SVN) architecture solutions, including Check Point Provider-1(R) and VPN-1/FireWall-1(R). The new service builds upon Telecom Italia's existing Internet security services, announced in March 2000, based on Check Point's FireWall-1.

"We are delighted to strengthen our technological partnership with Check Point Software in order to provide secure VPN services to our customers," said Gianfilippo D'Agostino, director of the SITD Data.com division. "Our cooperation with Check Point began more than a year ago and continues to provide our customers with quality service in combination with Internet security expertise."

"Security is an integral part of the communications infrastructure that Telecom Italia has built," says Limor Bakal, vice president of international sales and marketing for Check Point Software Technologies Ltd. "We are pleased that Telecom Italia has chosen to expand on its implementation of Check Point's SVN architecture as the basis for its secure VPN managed service offering."

About Telecom Italia

The Telecom Italia Group is Italy's premier telecommunications company, operating across the entire ICT spectrum from fixed, mobile and satellite telecommunications to multimedia services and IT.

The Group also operates in the installations and manufacturing industries, and in research and development.

In the international marketplace, Telecom Italia Group interests are concentrated primarily in Europe, Latin America and the Mediterranean basin. The Group operates in the fixed-wire telecommunications industry through Telecom Italia S.p.A., Italy's largest domestic and international fixed network telecommunications services company, and one of the largest in the world.

TIM (Telecom Italia Mobile) is Europe's largest mobile telecommunications services provider, and the third largest in the world.

Through Telecom Italia and TIM, the Group is present in all areas of the Italian Internet market. To enhance the Internet range, the 17 February 2000 Board Meeting approved a plan to incorporate Tin.it into Seat Pagine Gialle.

Telespazio is the Group's satellite telecommunications arm, while a holding in Stream guarantees a presence in the digital TV market, specifically Pay TV via cable and satellite.

The Group is active in the IT and innovative network services businesses through the IT Division which includes Finsiel -- Italy's leading and one of Europe's premier groups in the industry -- as well as other units.

The Telecom Italia Group is implementing a policy of divestment in the manufacturing and installations industries, where it is represented respectively by Italtel and Sirti.

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 300 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.

Note to Editors: 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.