Fortis Wins VASCO's Market Vision Award 2007 for the Benelux
OAKBROOK TERRACE, Ill., and ZURICH, Switzerland, November 23, 2007- VASCO Data Security International, Inc. (Nasdaq: VDSI) ( www.vasco.com), the global leader in strong user authentication products to the financial sector, today announced that leading Belgian bank Fortis has been granted VASCO’s Market Vision Award 2007 for the Benelux Region.
In the early Nineties, Fortis started using VASCO’s Digipass strong authentication to protect its fax and telephone banking customers. Fortis was one of the very first banks in the world to take such an initiative. Later that decade, Fortis started an Internet banking application, providing all its customers with Digipass.
Combining a high accessibility of its services while keeping security as a central priority enabled Fortis to roll-out Internet banking on a large scale basis in Belgium, Fortis counts today over 1.25 million Internet customers.
"For VASCO, Fortis’ impressive achievements and track record with regards to the efforts made to offer their customers a convenient and accessible way of doing Internet banking, makes the bank an obvious candidate for a Market Vision Award," said Jan Valcke, VASCO’s President and COO. "We are convinced that the combination of Fortis’ market vision and VASCO’s world leading Digipass products, will prove to be even more successful in the future."
VASCO’s Market Vision Award consists of a bronze by the Belgian Artist Inge Dewilde. The award ceremony will take place today, November 23, at noon EST in VASCO’s Belgian offices, Koningin Astridlaan 164, Wemmel.
About VASCO: VASCO is the number one supplier of strong authentication and e-signature solutions and services. VASCO has established itself as the world’s leading software company specialized in Internet Security, with a customer base of close to 6,000 companies in more than 100 countries, including approximately 950 international financial institutions. VASCO’s prime markets are the financial sector, enterprise security, e-commerce and e-government.
Forward Looking Statements
Statements made in this news release that relate to future plans, events or performances are forward-looking statements. Any statement containing words such as "believes", "anticipates", "plans", "expects " and similar words, is forward-looking, and these statements involve risks and uncertainties and are based on current expectations. Consequently, actual results could differ materially from the expectations expressed in these forward-looking statements.
Reference is made to the Company’s public filings with the US Securities and Exchange Commission for further information regarding the Company and its operations.
For more information contact:
Jochem Binst, +32 2 609 97 00, [email protected]
About Fortis: Fortis is an international financial services provider engaged in banking and insurance. We offer our personal, business and institutional customers a comprehensive package of products and services through our own channels, in collaboration with intermediaries and through other distribution partners. With a market capitalization of EUR 48.5 billion (31/10/2007), Fortis ranks among the 15 largest financial institutions in Europe. Our sound solvency position, our presence in over 50 countries and our dedicated, professional workforce of 60,000 enable us to combine global strength with local flexibility and provide our clients with optimum support.
More information is available at www.fortis.com.