NW_20030828_en_VASCO Launches Digipass Pack for Microsoft Outlook Web Access (OWA)

August 28, 2003

OAKBROOK TERRACE, Ill., and BRUSSELS, Belgium, August 28, 2003 - VASCO Data Security International, Inc. (Nasdaq: VDSI) ( www.vasco.com), a global provider of security products that enable e-business and e-commerce, today announced that it has launched Digipass Pack for MS Outlook Web Access (OWA), to protect a company’s web mail system from potential intruders. Digipass Pack is a bundling of VASCO’s Digipass and VACMAN Middleware, designed to be easily combined with the worlds’ leading security products of VASCO’s Solution Partners.

By using Digipass Pack for OWA, users wanting to get access to their company’s web mail system no longer need to expose user names and passwords on the open channel called the Internet. Next to VASCO’s VACMAN Middleware, Digipass Pack for OWA contains VASCO’s Digipass GO1 or Digipass 300, depending on the needs and preferences of the customer. Download pictures of Digipass Pack, Digipass GO1 and/or Digipass 300 at http://www.vasco.com/about/press .

Digipass Pack is extremely easy to install. In a couple of hours the system is up and running. In addition, Digipass Pack for OWA is very cost effective and has an extremely user-friendly character, which brings it into the reach of every security aware company in the world using OWA. Digipass Pack for OWA will be sold solely via VASCO’s worldwide network of distributors and resellers.

“With the launch of Digipass Pack for OWA we offer VASCO’s strong user authentication products to the millions of Outlook Web Access users worldwide,” said Jan Valcke, VASCO’s President and COO. “Together with our worldwide channel partners, we plan to make web mail a more secure tool.”

About VASCO: VASCO designs, develops, markets and supports patented strong user authentication products for e-business and e-commerce. VASCO’s strong user authentication software is delivered via its Digipass security products, small “calculator” hardware devices carried by an end user, or in a software format on mobile phones, other portable devices, and PCs. For user access control, VASCO’s VACMAN products guarantee that only designated Digipass users get access to the application. VASCO’s target markets are the applications and their several hundred million users that utilize fixed passwords as security. VASCO’s time-based system generates a “one-time” password that changes with every use, and is virtually impossible to hack, or break. With 10 million Digipass products sold and ordered, VASCO has established itself as a world-leader for strong user authentication with over 220 international financial institutions, approximately 1200 blue-chip corporations, and governments representing more than 60 countries.

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.

More information is available at www.vasco.com.

For more information contact:
Media: Jochem Binst: +32 2 456 9810, [email protected]
Investor Relations: Tony Schor, President, Investor Awareness, Inc.: 847-945-2222, [email protected]