Aladdin eToken Wins Russia's ZUBR 2005 'Best Security Solution' Award

CHICAGO, February 28, 2005 - Aladdin Knowledge Systems, Ltd. (Nasdaq:ALDN) today announced that its Aladdin eToken authentication device won Russia's ZUBR 2005 "Best Security Solution" award.

The most prestigious recognition in the Information Security industry in Russia, ZUBR 2005 judges included representatives from numerous Russian state institutions such as the Ministry of Internal Affairs, Ministry of Defense, the State Technical Commission of Russia and the federal customs service, as well as some of the country's largest financial institutions and other corporations. Aladdin eToken was selected from 13 nominated security solutions.

"eToken and its powerful authentication solutions are clearly gaining popularity in Russia, as eToken sales continue to grow," said Sergey Gruzdev, CEO Aladdin Software Security R.D., Aladdin's local distributor. "eToken possesses a number of unique competitive advantages, in particular, it is certified to for work with confidential data and also plays an important role in a special version of Microsoft Windows XP with increased security levels in state institutions and businesses. We are proud that these advantages have been appreciated by judges of the ZUBR."

Aladdin offers its eToken solution through an agreement with is local distributor, Aladdin Software Security R.D. based in Moscow.

About ZUBR Awards

The ZUBR 2005 national security awards took place on the February 4th. ZUBR 2005 is the only award for information security in Russia, marking companies who play a major role in the development of the Russian security market. In its second year, the ZUBR 2005 national security awards attracted more than 500 participants for its ceremony. Critieria for ZUBR awards include a solution's accordance with requirements set by government control bodies, national certifications, meeting technical demands of the market and multiple platform capabilities.

About Aladdin eToken

Aladdin eToken provides cost-effective strong user authentication and password management solutions. It provides enhanced security and ensures safe information access; improved password and ID management; and secure mobility of digital credentials/certificates and keys.

About the size of an average house key, the award-winning Aladdin eToken is easy to use and highly portable, providing users with powerful authentication by requiring something they have, the tamper-proof eToken, and something they know, a PIN. It is used for secure network logon, secure VPN, Web Sign-On, Simple Sign-On, secure email, and numerous other applications. eToken is available in smart card and USB form factors featuring proximity capabilities and one-time password technology.

The Aladdin Token Management System (TMS) enables the deployment, provisioning and maintenance of security Tokens, Smartcards and ID Badges within an organization. In addition, TMS offers seamless, and reliable management for Enterprise security services combining both PKI and non-PKI systems. For more information, visit http://www.Aladdin.com/eToken.

About Aladdin Knowledge Systems Ltd.

Aladdin is a global provider of software digital rights management (DRM) and enterprise security. Aladdin products include: the HASP® family of hardware and software-based products that flexibly protect, license and distribute software and intellectual property; the USB-based eToken™ device for strong user authentication and e-commerce security; and the eSafe® line of integrated content security solutions that protect networks against malicious, inappropriate and nonproductive Internet-borne content. Visit the Aladdin Web site at http://www.Aladdin.com.

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