(Never saw this before either--might add that they debunk pretty well):
Forbes:
Four years go virtually unmentioned in the official biography of Israeli billionaire Shwed. This much information can be cobbled together: In 1986 Shwed, just 18 years old, joined the supersecret electronic intelligence arm of the Israeli Defense Forces called Unit 8200. His job most likely was to string together military computer networks in a way that would allow some users access to confidential materials while denying access to others. When he left the service in 1990, Shwed walked off with the idea that would define his career and make him one of the youngest members of FORBES' billionaires list.
...
In 1994 Shwed got his $400,000 in venture capital, the only funding the trio ever needed, from BRM Technologies, an Israeli antivirus software firm. Shwed hired David J. Blumberg, a San Francisco venture capitalist, to drum up U.S. business. It wasn't easy to land customers in 1994, when the world had only 3,000 Web sites. Only large companies had Internet connections and security was not a top priority. And, as an Israeli company, Check Point was perceived as too risky. There were even rumors that its firewall was actually a Mossad tool for keeping tabs on foes. When Nacht visited the National Security Agency for a demonstration, he was forced to wait in the parking lot while Blumberg delivered the pitch.
http://www.forbes.com/forbes/2002/0318/102_print.html==========
Their 1997 response:
Check Point Software Technologies Ltd. would like to assure its customers, security experts, and others that there is no, and never has been, an "agreement" or relationship between Check Point Software and the Mossad, or any other branch of the Israeli government or military, to create a "back door" into Check Point products.
These are false and malicious rumors that have been circulating since Check Point became successful, specifically targeted at damaging the company, and they are always from "anonymous sources." Check Point takes these rumors seriously, and if anyone has information on the source/s of these rumors, we would be very interested in hearing from you, so that we can take appropriate action.
Check Point FireWall-1 is the most widely installed network security solution in the world and no customer has ever reported a security breach of this nature. Check Point FireWall-1's customer list includes accounts with the highest level of security consciousness such as U.S. national and foreign governments, the world's leading financial institutions, telcos and ISPs. All Check Point FireWall-1 customers benefit from the product's patented Stateful Inspection technology ensuring the highest level of enterprise security available today.
Emily Cohen, Director of Corporate Communications Check Point Software Technologies, Inc. 400 Seaport Court, Suite 105 Redwood City, CA 94063
http://www.netsys.com/firewalls/firewalls-9707/0223.html