ALDN Aladdin Knowledge Systems Ltd (MM)

Aladdin Knowledge Systems (NASDAQ: ALDN) today announced that Aladdin eSafe Secure Web Gateway, the only Web security solution to deliver real-time intelligent Web security to organizations, was named a finalist in the prestigious Software Information Industry Association (SIIA) CODiE Awards for "Best Data Protection Solution." eSafe delivers complete, deep, high performance Web and mail filtering solutions that protect data and networks, improve productivity, and enable compliance.

In its 24th year, the SIIA CODiE Awards have celebrated outstanding achievement and visionary software, digital information, and education technologies. Judged through a unique combination of journalist, consultant, educator and peer review, the CODiE Awards remain a standard of quality and innovation in technology today.

"Aladdin is honored that Aladdin eSafe was chosen as a finalist in such a prestigious forum as the SIIA CODiE Awards," said Ofer Elzam, CTO of the Content Security Business Unit at Aladdin Knowledge Systems. "Aladdin eSafe is a unique Web security solution capable of truly identifying and blocking Web threats, even unknown and adaptive Web 2.0 threats, before they ever reach the network, allowing organizations to protect data and enable productivity through stronger acceptable use policies by reducing the threats of malware, viruses, spam, and nonproductive applications."

"The competition is particularly steep this year during the 24th Annual SIIA CODiE Awards, making selection as a CODiE Finalist a real achievement," said Ken Wasch, SIIA President. "All companies on this year's list of CODiE Finalists should feel justifiably proud of their accomplishment in making it to this stage, and have much excitement to look forward to regarding the upcoming CODiE Awards voting."

The next step in the process brings the finalist products before SIIA members for their votes to determine winners in each category. The third round of voting and the award presentations will take place at SIIA's 2009 CODiE Awards Gala on May 5, 2009, at the historic Palace Hotel in San Francisco. For a complete list of 2009 CODiE Awards Finalists, visit www.siia.net/codies/2009/finalist_list.asp.

About SIIA

The Software & Information Industry Association (SIIA) is the principal trade association for the software and digital content industries. SIIA provides global services in government relations, business development, corporate education and intellectual property protection to more than 500 leading software and information companies. For further information, visit www.siia.net.

About Aladdin

Aladdin Knowledge Systems (NASDAQ: ALDN) is an information security leader with offices in 15 countries, a worldwide network of channel partners, and numerous awards for innovation. Aladdin eToken is the world's #1 USB-based authentication solution, offering identity and access management tools that protect sensitive data. Aladdin SafeWord two-factor authentication technology protects companies' important information assets and applications. Aladdin HASP SRM boosts growth for software developers and publishers through strong anti-piracy protection, IP protection, and secure licensing and product activation. Aladdin eSafe delivers real-time intelligent Web gateway security that helps protect data and networks, improves productivity, and enables compliance. Visit www.Aladdin.com.

�2009 Aladdin Knowledge Systems, Ltd. All rights reserved. eSafe, Aladdin Knowledge Systems and the Aladdin logo are trademarks or registered trademarks of Aladdin Knowledge Systems, Ltd. All other product and brand names mentioned in this document are trademarks or registered trademarks of their respective owners.

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Press Contact: Matthew Zintel Zintel Public Relations matthew.zintel@zintelpr.com 310.574.8888 Investor Relations Contact: Debbie Kaye Corporate Communications Manager debbie.kaye@aladdin.com 646.468.0481