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Technology Stocks : CheckFree (CKFR)

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To: grasshopper who wrote (8465)11/3/1998 10:40:00 AM
From: K9   of 8545
 
CheckFree Among First Recipients of the Check Point Excellence Award
Monday, November 2, 1998 06:30 AM

Innovative Use of Check Point Software Provides Unmatched Security for CheckFree Processing Infrastructure

ATLANTA, Nov. 2 /PRNewswire/ -- Recently at the Networld+Interop trade show in Atlanta, CheckFree (Nasdaq: CKFR) was named among the recipients of the first-ever Check Point Excellence Award, presented by Check Point Software Technologies Ltd. (Nasdaq: CHKPF), a worldwide leader in policy-based management for IP networks. The Check Point Excellence Award recognizes companies that have demonstrated the most innovative and successful implementations of Check Point Software solutions, with winners spanning the consumer products, banking, government, advertising and publishing markets. The winning CheckFree implementation was the result of CheckFree and security solutions provider SecureIT teaming up to design a network security solution equivalent to that of a "steel vault."

Using the market-leading Check Point(TM) FireWall-1(R) and Check Point Real Secure(TM), CheckFree and SecureIT developed a robust security solution with high availability and reliability capable of supporting online services for some of the nation's largest banks. Check Point Real Secure is the leading intrusion detection product from Check Point's OPSEC (Open Platform for Secure Enterprise Connectivity) partner Internet Security Systems (ISS).

"CheckFree's deployment of Check Point Software products is a great model of how organizations are using technology to design real business solutions," said Deborah Triant Rieman, president and chief executive officer of Check Point Software Technologies, Inc. "The Check Point Excellence Award gives us an opportunity to publicly recognize CheckFree for its outstanding innovation."

"CheckFree is very pleased to be among the first companies to receive this prestigious award," said Jeff Reich, vice president and chief security officer for CheckFree. "We always strive to be on the cutting-edge of solutions that will help our clients maintain the most secure environment for handling their customers' confidential account information."

The criteria for receiving a Check Point Excellence Award included: innovation of implementation using Check Point Software solutions; quantitative demonstration of how the deployments provided a return on investment to the business; enterprise-wide implementation focus; and use of multiple Check Point Software and third-party OPSEC products.

Other Check Point Excellence Award winners were The Boston Globe, The Clorox Company, The Forum Corporation and UUNET Technologies, Kansas Bureau of Investigation and FishNet Consulting Inc., and MacManus Group and Dataway Inc.

About Check Point Software Technologies Ltd.

Check Point Software Technologies Ltd. is a leading provider of policy- based management solutions for IP networks. The company is dedicated to enabling secure, reliable, and manageable business communications through its products, which include the world's leading enterprise security suite, FireWall-1(R); the industry's leading VPN family of solutions, VPN-1(TM); the industry's premier bandwidth management solution, FloodGate-1(TM); and Meta IP(TM), the leading network and IP address management software. The company has U.S. headquarters in Redwood City, Calif., and international headquarters in Ramat-Gan, Israel. For product information, please call (800) 429-4391 or (650) 628-2000, or visit their Web site at www.checkpoint.com.

About CheckFree

Founded in 1981, CheckFree (www.checkfree.com), the operating subsidiary of CheckFree Holdings Corporation, is the leading provider of financial electronic commerce services, software and related products for more than 2.5 million consumers, 1,000 businesses and 850 financial institutions. CheckFree designs, develops and markets services that enable its customers to make electronic payments and collections, automate paper-based recurring financial transactions and conduct secure financial transactions on the Internet.

Check Point, the Check Point logo, FireWall-1, FireWall-1 SecuRemote, FireWall-First!, OPSEC, INSPECT, VPN-1, UAP, FloodGate-1 and IQ Engine are trademarks or registered trademarks of Check Point Software Technologies Ltd. Meta IP and Meta DNS are trademarks of MetaInfo Inc.

SOURCE CheckFree Corporation

CONTACT: Laurinda Wilson, CheckFree, 770-840-1608, lwilson@checkfree.com


Quote for referenced ticker symbols: CKFR, CHKPF

© 1998, PR Newswire


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