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Crossbeam Systems and Check Point Announce Significant Market Momentum with Telecommunications and Managed Service Providers for Virtual Security Systems

March 28, 2005 - Concord, MA

Crossbeam Systems®, Inc., the leader in protecting the world’s largest networks, and Check Point Software Technologies Ltd. (NASDAQ: CHKP), the worldwide leader in securing the Internet, today announced significant customer traction with major telecommunications and managed security service providers (MSSPs) worldwide for Check Point VPN-1® VSX™ running on Crossbeam X-Series security services switches. The two companies also announced that the latest version of Check Point’s VPN-1 VSX Next Generation with Application Intelligence™, is now available on Crossbeam’s X-Series products.

As the leading solution for offering managed security services, Crossbeam X-Series security services switches running Check Point VPN-1 VSX, a solution known as VSX on X, has been deployed to protect the networks and offer managed security services by major service providers and MSSPs worldwide, including:

Czech Telecom – the largest provider of telecommunications services in the Czech Republic and one of the most prominent telecommunications companies in Central Europe.

Fujitsu – one of Europe’s leading providers of managed services for IT infrastructure.

Telefónica Empresas – a company that provides advanced communications, broadband and network application solutions to more than 2,000 large enterprises and multi-national corporations. It is part of the Telefónica Group, a global telecommunications company.

The traditional way to offer managed firewalls or other security services has been to place a firewall at each enterprise customer location. For service providers and MSSPs, this process is both expensive and time-intensive, requiring a separate security appliance and software license to manage, patch and update for each customer. With VSX on X, service providers and MSSPs can provide managed security services to up to 500 customers from a single device, dramatically reducing licensing, maintenance and equipment costs and complexity.

“We’ve captured the security business of so many services providers and MSSPs because our X-Series products uniquely address their demanding network requirements – the ability to deliver Check Point’s leading virtualized security software with carrier-grade reliability and multi-gigabit performance,” said Peter George, president and CEO of Crossbeam Systems. “More importantly, VSX on X delivers tremendous ROI because it turns the investment to protect a service provider’s own network into a revenue engine for multiple managed security services, from firewalls to anti-virus.”

“Check Point was the first to deliver virtualized security software specifically designed to replace complex security infrastructures and power managed security services,” said Paul Weinstein, vice president of business development, Check Point Software Technologies. “Based on their performance and scalability, Crossbeam’s platforms are an ideal choice to run our VSX software and the strong customer traction to our combined managed security services solution will only help to extend Check Point’s overall VPN and firewall market leadership.”

The largest service providers and MSSPs in the world rely on VSX on X for their managed firewall offerings based on its carrier-grade capacity, performance, integration and reliability. In addition, VSX on X benefits customers because it provides revenue-generating managed security services and also protects the service provider’s own network. Key VSX on X benefits include:

Managed Service Capacity – support for up to 500 virtual systems in one chassis, the most in the industry.

Carrier-Grade Performance & Reliability – up to eight gigabits per second of throughput in a single chassis that features rate limiting and multi-link trunking, and a hot-swappable, self-healing blade architecture.

Simple, Centralized Management – global policy management and access to Check Point’s SmartDefense® service for real-time security updates and protection from emerging network attacks.

Check Point VPN-1 VSX Next Generation with Application Intelligence is now available on Crossbeam’s X45™, X40® and X80™ security services switches.