ALDN Aladdin Knowledge Systems Ltd (MM)

Aladdin Knowledge Systems (NASDAQ: ALDN), an information security leader specializing in authentication, software DRM and content security, today announced that KB Bank, Korea's largest private bank, has chosen the Aladdin eToken strong authentication solution to provide secure internal authentication. Preventing fraud by verifying customers' identities through PKI authentication, KB Bank will initially deploy 5,000 Aladdin eToken devices internally (see photo), and projects that another 25,000 will be deployed to customers throughout 2009. Certified by the Korea Information Security Agency (KISA), Aladdin eToken complies with the most stringent security standards for online banking.

With more than 1,000 branches and 30,000 employees, KB Bank is ranked one of the top 50 global companies, and has won numerous awards, including "Best Retail Bank" by The Asian Banker. KB bank will deploy Aladdin eToken PRO Java to employees to create a secure environment for financial transactions through strong, two factor authentication.

"As the financial industry moves toward universal, complex and global banking, Aladdin eToken provides KB Bank the means to minimize risk and explore new opportunities in secure mobile banking," said KB Bank. "Using eToken PRO's proven PKI infrastructure, employees and customers gain the highest level of security, accessing secure data and conducting online transactions with the assurance that their identity and finances are safe from Web attacks or theft."

"Aladdin eToken continues to be a consistently strong performer for the banking and the financial industry worldwide," said Shlomi Yanai, vice president of the Aladdin eToken Business Unit at Aladdin Knowledge Systems. "KB Bank's choice of Aladdin eToken reinforces not only Aladdin's leadership in the financial market, but also Aladdin's fast-growing presence in the Asia Pacific region."

About KB Bank

KB Bank, formerly Kookmin Bank, is the largest private bank in Korea, striving to be a leading financial institution by expanding its business into Asian markets. Its 30,000 employees serve thousands of customers on four continents. It aspires to remain a global standard based on traditional banking fundamentals and continuously enhancing its banking capabilities to meet the needs of its diverse customers. Visit www.kbstar.com.

About Aladdin eToken

Aladdin eToken is the world leader for USB-based authentication solutions. eToken provides strong user authentication and cost-effective password management solutions, enabling secure network access, improved data security through enhanced encryption and digital signing, as well as compliance with a wide range of regulatory requirements worldwide. Visit www.Aladdin.com/eToken.

About Aladdin

Aladdin Knowledge Systems (NASDAQ: ALDN) is an information security leader with offices in 12 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 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, improve productivity, and enable compliance. Visit www.Aladdin.com.

�2008 Aladdin Knowledge Systems, Ltd. All rights reserved. eToken, 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