NW_20050309_en_VASCO Strengthens Indirect Sales Network in Australia by Signing Leading Distributor, Lan 1

March 9, 2005

OAKBROOK TERRACE, Illinois and BRUSSELS, Belgium – March 9, 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 Australia by partnering with leading distributor, Lan 1.

Lan 1 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.

Lan 1 is an Australian value-added specialist distributor with offices in Sydney, Melbourne, Brisbane and Perth, specialising in IP storage, IP networking and IP security. Lan 1 also distributes the products of VASCO’s solution partner SonicWALL.

“The inclusion of VASCO to the security portfolio adds further depth to the value proposition Lan 1 and its business partners can provide in end user solutions. In particular we see the inclusion of two- factor authentication to be an important addition in the fight against current and emerging attacks against traditional weak user name/password authentication regimes,” stated Rob Harkness, Product Manager for IP Security

“We welcome Lan 1 as a distributor for the Australian market,” said Jan Valcke, VASCO’s President and COO. “We are convinced that the joint forces of both companies will create a more secure Corporate Network Access environment in Australia.”

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, SonicWALL, 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 Lan 1, please visit www.lan1.com.au

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 13,5 million Digipass products sold and delivered, VASCO has established itself as a world-leader for strong Identity Authentication with over 350 international financial institutions and approximately 1,500 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.

About Lan 1: Lan 1 is a national value-added specialist distributor with offices in Sydney, Melbourne, Brisbane and Perth, specialising in IP storage, IP networking and IP security products.
Lan 1 designs, configures, deploys and provides services for its channel partners. Lan 1 is also a quality endorsed (ISO 9001) and Australian Government Endorsed supplier and Queensland QITC accreditations. Lan 1 is an Australia company distributing the vendors: Adaptec, ATTO, Axis, BorderWare, D-Link, enKoo, Fortinet, Fujitsu, Iomega, JVC, EMC/Legato, Motorola, Pioneer, Raritan, Roxio, SnapAppliance, SonicWALL, Strix & Vasco.

For more information contact:
Jochem Binst, +32 2 456 9810, [email protected]
Richard Schilke, +61 2 9318 4215, [email protected]