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Aladdin CEO Speaks at Israel Technology Investment Event in New York

CHICAGO, October 15, 2007 - Aladdin Knowledge Systems (NASDAQ: ALDN), an information security leader specializing in authentication, software DRM and content security, today announced that CEO Yanki Margalit spoke at a breakfast briefing event in New York titled "Investment Opportunities in Israel's Technology."

Co-hosted by NYSE Euronext, the Government of Israel Economic Mission to North America, and the Israel Venture Association (IVA), the invitation-only event featured prominent speakers, including The Honorable Eli Yishai, Deputy Prime Minister and Minister of Industry, Trade and Labor of Israel. Margalit also spoke alongside Noreen Culhane, executive vice president, global corporate client group, NYSE Euronext, and Dr. Orna Berry, chairperson of the IVA, venture partner of Gemini Israel Funds, and member of Aladdin Knowledge Systems' Board of Directors.

About Aladdin

Aladdin Knowledge Systems' Software Rights Management products are the #1 choice of software developers and publishers to protect intellectual property, increase revenues, and reduce losses from software piracy. Aladdin eToken is the world's #1 USB-based authentication solution. The Aladdin eSafe secure Web gateway provides the most advanced protection against the latest Web-based threats and attacks. Aladdin has offices in 12 countries, a worldwide network of channel partners, and has won numerous awards for innovation. For more information, visit the Aladdin Web site at www.Aladdin.com.

©2007 Aladdin Knowledge Systems, Ltd. All rights reserved. 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
310.574.8888
Investor Relations Contact:

Debbie Kaye
Aladdin Investor Relations
investor@aladdin.com
646.468.0481