NW_20051201_en_Friesland Bank (The Netherlands) to Use VASCO’s Digipass 815 Secure Card Reader for Retail Banking

December 1, 2005

OAKBROOK TERRACE, Ill., and BRUSSELS, Belgium, December 1, 2005 - VASCO Data Security International, Inc. (Nasdaq: VDSI) (www.vasco.com), the global number one vendor of strong user authentication products to the financial sector, today announced that Friesland Bank (The Netherlands, http://www.frieslandbank.nl ), will use Digipass 815 unconnected secure smart card reader in combination with a chip and PIN enabled debit card to add strong user authentication to the bank’s Internet banking applications.

Friesland Bank N.V. is an independent bank operating in the north and east of the Netherlands. Friesland Bank’s client base consists of personal, institutional and corporate customers. Friesland Bank is the seventh largest general bank in the Netherlands. VASCO’s Digipass 815, or “EasyKey” as Friesland Bank baptized the device, will be used in the bank’s “Internet Bankieren - Betalen en Sparen” (“Internet Banking – Payments and Savings”) application.

Digipass 815 is a light, ultra-portable and easy to use secure smart card reader. These assets, combined with a stylish design, make Digipass 815 a highly appreciated strong authentication product in the banking sector. High resolution pictures of Digipass 815 can be downloaded at http://www.vasco.com/digipass_815.

“We opted for Digipass for quality reasons and because of VASCO’s vast experience in the banking sector,” said Mr. Eelco Koehoorn of Friesland Bank. “Security and high quality customer service are of the utmost importance for Friesland Bank. Together with VASCO, we’ll offer our customer a secure and easy to use online banking application.”

“We welcome Friesland Bank as a customer,” said Jan Valcke, VASCO’s President and COO. “In today’s online banking environment, strong authentication is needed to protect the end user’s assets. We are convinced that the addition of Digipass will make Friesland Bank’s “Internet Bankieren” application even more successful.”

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 18 million Digipass products sold and delivered, VASCO has established itself as a world-leader for strong Identity Authentication with over 420 international financial institutions and approximately 2,100 blue-chip corporations and governments located in more than 100 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]