NW_20041028_en_VASCO Launches Digipass Plug-In for Novell NMAS Version 3

October 28, 2004

OAKBROOK TERRACE, Illinois and BRUSSELS, Belgium – October 28, 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 launched the next version of its successful Digipass Plug-In for Novell’s NMAS (Novell Modular Authentication Service) (NasdaqNM: NOVL).

Digipass Plug-In for Novell NMAS Version 3 (http://www.vasco.com/novell) is immediately available and boasts several important new key features. The product is a cost effective and very easy to install and manage strong authentication add-on, specifically suited for companies with 1000 + employees, using Novell NMAS.
As was the case with the previous version, Digipass is natively integrated in Novell NMAS, doing away with the need for a third-party authentication server.

New key features are:
- Bulk Management features: the administrator will be able to assign a high amount of tokens to a large number of end-users with just one click;
- Support of every type of Digipass: All 18 members of the Digipass family can be used in an NMAS environment, including the GO series with software PIN;
- Additional Error Logging Capabilities;
- Novell BorderManager 3.8 support.

“With Digipass Plug-In for Novell NMAS Version 3, VASCO affirms its position as a leading provider of strong authentication products in the high volume Corporate Network Access and e-commerce markets,” said Jan Valcke, VASCO’s President and COO. “In the last two years, VASCO has built a considerable customer base in the Novell NMAS area. We are convinced that the new version of Digipass Plug-In for Novell NMAS will allow us to gain more market share worldwide.”

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 12 million Digipass products sold and delivered, VASCO has established itself as a world-leader for strong Identity Authentication with over 300 international financial institutions and more than 1,400 blue-chip corporations and governments located in more than 80 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]