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.

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

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