NW_20040914_en

OAKBROOK TERRACE, Illinois and BRUSSELS, Belgium – September 14, 2004 – VASCO Data Security (Nasdaq: VDSI: www.vasco.com), a global provider of enterprise-wide security products that support e-business and e-commerce, today announced that it has reinforced its indirect sales network by partnering with leading distributors in leading European markets including the UK, Denmark, Switzerland, Benelux, France and Italy.

VASCO’s distributors will sell Digipass Pack to their network of resellers. Digipass Pack is a bundling of VASCO’s Digipass and VACMAn Middleware, designed to be easily combined with the world’s leading security products of VASCO’s Solution Partners. Digipass Pack is solely sold indirectly, via distributors and resellers/integrators.

To become a VASCO distributor, companies must meet a number of criteria. First, a distributor must have one or more product of VASCO’s solution partners (Citrix, Novell, Netscreen, Watchguard, etc.) in its portfolio. Secondly, VASCO distributors need to have thorough knowledge of the local market and of VASCO’s products by having their staff trained and certified by VASCO. Thirdly, they need to share with VASCO the business spirit and focus on quality.

To learn more about VASCO’s new distributors, please visit their websites at:
www.openpsl.co.uk
www.secunet.ch
www.qdis.nl
www.cosyco.be
www.itway.com
www.rantek.dk



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 hardware and software security products. For user access control, VASCO’s VACMAN products guarantee that only designated Digipass users get access to the application. With over 11 million Digipass products sold and ordered, VASCO has established itself as a world-leader for strong Identity Authentication with 300 international financial institutions and approximately 1,400 blue-chip corporations and governments located in more than 70 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.

For more information contact:
Jochem Binst, +32 2 456 9810, [email protected]