OAKBROOK TERRACE, Illinois and ZURICH, Switzerland – June 18, 2012 - VASCO Data Security International, Inc. (Nasdaq: VDSI) (www.vasco.com), a leading software security company specializing in strong authentication products and services, announces today that Magento (http://www.magentocommerce.com/company/) has incorporated MYDIGIPASS.COM in its platform enabling web developers to embed secure login access for their web shops.
The Magento eCommerce platform serves more than 110,000 merchants worldwide and is supported by a global ecosystem of solution partners and third-party developers.
Magento now enables web developers to add strong user authentication to their Magento web shops, in a cost-efficient and convenient way by incorporating MYDIGIPASS.COM in its open source platform. Web developers that deploy the MYDIGIPASS.COM secure login button on their Magenta web shop, provide their end-users with secure access to their online accounts and allow them to manage their online profiles via the MYDIGIPASS.COM authentication portal. Users’ attributes like name, address, email, age, etc. can be automatically synchronized from the MYDIGIPASS.COM platform towards the Magento customer’s web shop. Upon each authentication the user attributes are synchronized, ensuring that your user database is always up to date.
Additionally, Magento’s e-commerce platform users are able to tap into a community of millions of DIGIPASS users out there. By becoming part of the MYDIGIPASS.COM application eco-system, they will gain extra visibility, making it easier to attract new users to their web shop.
To use MYDIGIPASS.COM with a Magento web shop, the web developer needs to download and install the plugin and request the MYDIGIPASS.COM connect button on developer.mydigipass.com. The plugin contains the necessary OAUTH libraries, flows and attributes to match the integration of MYDIGIPASS.COM towards a standard Magento website.
“We are very pleased that Magento has incorporated MYDIGIPASS.COM into their open Source platform”, says Jan Valcke, President and COO of VASCO Data Security. “Magento enables its users to add strong authentication to their web shops guaranteeing a secure login process and greatly enhancing security and user convenience. This way, Magento shares the same vision that VASCO has: bringing strong authentication within everyone’s reach.”
VASCO is a leading supplier of strong authentication and e-signature solutions and services specializing in Internet Security applications and transactions. VASCO has positioned itself as global software company for Internet Security serving a customer base of approximately 10,000 companies in more than 100 countries, including over 1,700 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. These forward-looking statements (1) are identified by use of terms and phrases such as “expect”, “believe”, “will”, “anticipate”, “emerging”, “intend”, “plan”, “could”, “may”, “estimate”, “should”, “objective” and “goal”, “possible”, “potential”, and similar words and expressions, but such words and phrases are not the exclusive means of identifying them, and (2) are subject to risks and uncertainties and represent our present expectations or beliefs concerning future events. VASCO cautions that the forward-looking statements are qualified by important factors that could cause actual results to differ materially from those in the forward-looking statements. These risks, uncertainties and other factors have been described in greater detail in the Annual Report on Form 10-K for the fiscal year ended December 31, 2011 filed with the Securities and Exchange Commission and include, but are not limited to, (a) risks of general market conditions, including currency fluctuations and the uncertainties in world economic and financial markets, (b) risks inherent to the computer and network security industry, including rapidly changing technology, evolving industry standards, increasing numbers of patent infringement claims, changes in customer requirements, price competitive bidding, and changing government regulations, and (c) risks specific to VASCO, including, demand for our products and services, competition from more established firms and others, pressures on price levels and our historical dependence on relatively few products, certain suppliers and certain key customers. Reference is made to VASCO's public filings with the U.S. Securities and Exchange Commission for further information regarding VASCO and its operations.
This document may contain trademarks of VASCO Data Security International, Inc. and its subsidiaries, including VASCO, the VASCO “V” design, DIGIPASS, VACMAN, aXsGUARD and IDENTIKEY.