NW_20050119_en_VASCO Strengthens Indirect Sales Network in New Zealand by Signing Leading Distributor, Renaissance.

January 19, 2005

OAKBROOK TERRACE, Illinois and BRUSSELS, Belgium – January 19, 2005 – 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 in New Zealand by partnering with leading distributor, Renaissance (New Zealand Stock Exchange: RNS).

VASCO’s distributor will sell Digipass Pack to its 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 only sold indirectly, via distributors and resellers/integrators.

Renaissance’s Internet Security and Networking division markets an impressive range of leading networking hardware and internet security solutions. In addition to switches, ADSL modems, firewalls and other network hardware and security systems from brands such as Allied Telesyn, IP3, Juniper Networks, Mako Networks, SonicWALL and TRENDnet, the division also provides McAfee antivirus software.

To become a VASCO distributor, companies must meet a number of criteria. First, a distributor must have one or more products of VASCO’s solution partners (Citrix, Novell, F5 Networks, EAP, 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 distributor, please visit their website at:

www.renaissance.co.nz



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 12,5 million Digipass products sold and ordered, VASCO has established itself as a world-leader for strong Identity Authentication with over 300 international financial institutions and approximately 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]