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Check Point's Founder and CEO Gil Shwed Named 'Entrepreneur of the Year' - Ernst & Young selected Check Point's founder and CEO, Gil Shwed, as winner of their
Check Point's Founder and CEO Gil Shwed Named 'Entrepreneur of the Year'

 

PRZOOM - /newswire/ - Tel Aviv, Israel, 2010/10/27 - Ernst & Young selected Check Point's founder and CEO, Gil Shwed, as winner of their "Entrepreneur of the Year" award in Israel (NASDAQ: CHKP).

   
 
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Check Point® Software Technologies Ltd, the worldwide leader in securing the Internet, today announced that its founder and chief executive officer, Gil Shwed, was recognized as the 2010 Ernst & Young Entrepreneur of the Year in Israel. The accolade is a testament to Shwed's personal contribution to the phenomenal development of Check Point as pioneer in the global security market. Shwed was selected by the panel based on his strong leadership skills and perseverance to drive Check Point's business to new heights, while ensuring high social commitment.

"I am very glad that Gil Shwed was chosen for this award. He is an exemplary entrepreneur who has demonstrated extraordinary leadership in initiating and developing Check Point, representing the success of the Israeli high tech industry," commented Ronen Barel, chairman of Ernst & Young, Israel.

"It is a great honor to receive such distinction, which reflects the achievements and commitment of our entire team," commented Gil Shwed, founder and chief executive officer of Check Point Software Technologies. "For the past seventeen years, I have had the pleasure of working with an outstanding team, which has enabled Check Point to continuously revolutionize the security landscape. We are grateful to be recognized for our efforts and we will continue to expand our security portfolio, further strengthening our position in the industry."

Over the past four quarters, Check Point has passed the $1 billion revenue mark and exceeded a Net Income of $500 million*. Today, the company has more than 2,200 employees worldwide, over 900 in Israel, serving 100 percent of Fortune 100 companies through thousands of certified channel partners across the globe.

*Non-GAAP noted. GAAP reached $425 million.

About Check Point Software Technologies Ltd
Check Point Software Technologies Ltd (checkpoint.com), the worldwide leader in securing the Internet, is the only vendor to deliver Total Security for networks, data and endpoints, unified under a single management framework. Check Point provides customers with uncompromised protection against all types of threats, reduces security complexity and lowers total cost of ownership. Check Point first pioneered the industry with FireWall-1 and its patented stateful inspection technology. Today, Check Point continues to innovate with the development of the Software Blade ArchitectureTM. The dynamic Software Blade Architecture delivers secure, flexible and simple solutions that can be fully customized to meet the exact security needs of any organization or environment. Check Point customers include tens of thousands of businesses and organizations of all sizes including all Fortune 100 companies. Check Point's award-winning ZoneAlarm solutions protect millions of consumers from hackers, spyware and identity theft.

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Check Point's Founder and CEO Gil Shwed Named 'Entrepreneur of the Year'

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IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any Check Point Software Technologies Ltd securities in any jurisdiction including any other companies listed or named in this release.

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