Check Point® Software Technologies Ltd. (Nasdaq:CHKP), the worldwide leader in securing the Internet, today announced the appointment of Tal Payne to Chief Financial Officer, effective mid-2008. Most recently, Ms. Payne was Chief Financial Officer at Gilat Satellite Networks Ltd. (Nasdaq:GILT), a leading provider of products and services for satellite-based communications networks.
“Ms. Payne’s financial leadership experience with a successful global public company makes her the ideal candidate to help us lead our business into the next phase of growth,” said Gil Shwed, Chief Executive Officer at Check Point.
Ms. Payne has served as Chief Financial Officer to Gilat since 2005 and was Vice President of Finance for over 5 years. During her career with Gilat she has led the company’s public offerings, capital restructurings, and M&A transactions. Previously, she was employed at Kesselman & Kesselman PWC and is a Certified Public Accountant. Ms. Payne received her MBA and BA from Tel Aviv University in Israel.
Ms. Payne will replace current Chief Financial Officer Eyal Desheh, an eight-year Check Point veteran who the company announced last October would be transitioning to the Chief Financial Officer position at Teva Pharmaceutical Industries Ltd. (Nasdaq:TEVA), one of the world's leading generic pharmaceutical companies and Israel's largest company.
Continued Shwed, “We are very pleased Ms. Payne is joining the Check Point family and we look forward to her strategic and financial contributions.”
About Check Point Software Technologies Ltd.
Check Point Software Technologies Ltd. (www.checkpoint.com) is a leader in securing the Internet. The company is a market leader in the worldwide enterprise firewall, personal firewall, data security and VPN markets. Check Point’s PURE focus is on IT security with its extensive portfolio of network security, data security and security management solutions. Through its NGX platform, Check Point delivers a unified security architecture for a broad range of security solutions to protect business communications and resources for corporate networks and applications, remote employees, branch offices and partner extranets. The company also offers market leading data security solutions through the Pointsec product line, protecting and encrypting sensitive corporate information stored on PCs and other mobile computing devices. Check Point's award-winning ZoneAlarm Internet Security Suite and additional consumer security solutions protect millions of consumer PCs from hackers, spyware and data 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 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.
Contacts:
Kip E. Meintzer, +1-650-628-2040
(Investors)
ir@us.checkpoint.com
Gregory
Kunkel, +1-650-628-2070 (Media)
press@us.checkpoint.com
