NW_20010119_VASCO to Discuss Q4 and 2001 Outlook in Press Release and Conference Call

January 19, 2001

OAKBROOK TERRACE, Ill. and BRUSSELS, Belgium - January 19, 2001 – US-based VASCO (NASDAQ & EASDAQ: VDSI; www.vasco.com), a global provider of security solutions that enable e-business and e-commerce, will announce its Q4 and 2001 outlook before the opening of financial markets on Wednesday, January 24, 2001. The Company's news release will be available at that time on PR Newswire and the VASCO website.

VASCO will hold a conference call to discuss its Q4 and 2001 outlook on Wednesday, January 24, 2001 at 10:00 a.m. Eastern time. A live webcast of this conference call will be available at www.vcall.com; participants should register for the webcast approximately 15 minutes prior to the event to download and install any necessary software. A replay of the conference call will be available from January 24, 2001 at 2:00 p.m. Eastern time until January 26, 2001 at 11:59 p.m. Eastern time. Call +1 888 266 2081 from the US, and +1 703 925 2533 from outside the US. The replay code is 4930558.

The Company plans to announce its Q4 and year-end 2000 results on Wednesday, February 21, 2001. VASCO will provide additional details of that announcement and conference call at a later date.

About VASCO
VASCO secures the enterprise from the mainframe to the Internet with infrastructure solutions that enable secure e-business and e-commerce, protect sensitive information, and safeguard the identity of users. The company's family of Digipass® and SnareWorks® products offers end-to-end security through strong authentication and digital signature, true Single Sign-On, access control and advanced entitlements, web portal security, and PKI enablement, while sharply reducing the time and effort required to deploy and manage security. VASCO's customers include hundreds of financial institutions, blue-chip corporations, and government agencies in more than 50 countries, among them ABN AMRO Bank, Shell, 3M, Ericsson, Rabobank, SEB, First Union, Liberty Mutual, Cable and Wireless, Nokia, DaimlerChrysler, Volvo, US Department of Defense, European Commission, US Coast Guard, University of Groningen, and Duke University. VASCO's partners include Brokat, Check Point Software Technologies, Computer Associates, Intel, Netlife, Novell, Proton World, and Ubizen. More information is available at www.vasco.com.

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:

Americas:
Media: Kerry Roche
Bridgeman Communications
+1 617 742 7270
ker[email protected]

Investor Relations: Todd Fromer
KCSA Public Relations Worldwide
+1 212 682 6300
[email protected]

VASCO: Mike Lange
+1 630 932 8844
[email protected]

Europe/Asia:
Media (Benelux): Nico Tempelaere
Outsource
+32 2 361 31 20,
[email protected]

Media (Europe/Asia): Sven Kersten
HBI
+49 89 99 38 87 33
[email protected]

Investor Relations: Annemieke Blondeel
LBConsult
+44 208 308 7080
[email protected]

VASCO: Ariane Bosmans
+32 2 456 9810
[email protected]