NW_20040415_VASCO TO RELEASE Q1 2004 RESULTS ON THURSDAY, APRIL 22 – DIAL-IN NUMBERS

OAKBROOK TERRACE, Illinois and BRUSSELS, Belgium – April 15, 2004 – VASCO (Nasdaq: VDSI; www.vasco.com), a global provider of enterprise-wide security products that support e-business and e-commerce, announced today that it will release its Q1 2004 results on Thursday, April 22.
On April 22, at 10.00 am EST/16.00 CET VASCO will hold a conference call, which will be streamed on the VASCO website (www.vasco.com).
The dial-in telephone numbers for the conference call are:
Dial-in US: 888-424-5801
Dial-in International: +1 973-409-9258

Mr T. Kendall Hunt, Chairman and CEO, Mr Jan Valcke, President and COO and Mr Cliff Bown, Executive Vice President and CFO of VASCO, will be available on April 22 to answer analyst, investor and media questions.




About VASCO: VASCO designs, develops, markets and supports patented “Identity Authentication” products for e-business and e-commerce. VASCO’s Identity 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 over 10 million Digipass products sold and ordered, VASCO has established itself as a world-leader for strong Identity Authentication with 270 international financial institutions, approximately 1400 blue-chip corporations, and governments representing more than 60 countries.
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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 2 456 9810, [email protected]