NW_20060821_en_PostFinance (Switzerland) to Use VASCO’s Digipass 810 for Retail and Corporate Banking
OAKBROOK TERRACE, Ill., and BRUSSELS, Belgium, August 21, 2006- VASCO Data Security International, Inc. (Nasdaq: VDSI) (www.vasco.com), the global number one vendor of strong user authentication and e-signature products, today announced the Swiss financial institute PostFinance (www.postfinance.ch) will start deploying Digipass 810 to its e-banking clients in the spring of 2007.
PostFinance is the financial services arm of Swiss Post. The last few years, PostFinance has developed into an all-round retail financial institution. With more than 720,000 online clients, its e-banking system E-Finance-yellownet is the largest financial services provider in Switzerland.
To add an extra layer of security to its successful banking channels, PostFinance opted for VASCO’s Digipass 810. The functionalities of Digipass 810 include EMV-CAP (Europay-Mastercard-Visa Chip Authentication Program), which makes PostFinance the first financial institute in Switzerland to use strong authentication that is EMV-CAP certified.
High resolution pictures of Digipass 810 can be downloaded at http://www.vasco.com/digipass_810.
“Security is a top priority for PostFinance, because online fraud increased with the successful development of e-banking,” said Thomas Dinkel, Project Manager at PostFinance. “We chose VASCO because of its vast experience as a strong authentication vendor to the financial world. VASCO’s Digipass 810 offers the advantage of a great range of personalization possibilities.”
“PostFinance is our first Swiss retail banking customer to use Digipass 810 EMV-CAP,” said Jan Valcke, VASCO’s President and COO. “Therefore, we applaud PostFinance’s visionary approach towards online security. We are convinced that PostFinance’s online banking applications will be even more successful in the future”
Ergonomics (www.ergonomics.ch) is VASCO’s trusted partner in Switzerland. Daniel Hofmann, CEO of Ergonomics, notes that the high quality of VASCO’s products was one of the important factors in the decision process.
About VASCO: VASCO designs, develops, markets and supports patented user authentication products for the financial world, remote access, e-business and e-commerce. VASCO’s user authentication software is delivered via its Digipass hardware and software security products. With over 25 million Digipass products sold and delivered, VASCO has established itself as a world-leader for strong User Authentication with over 500 international financial institutions and approximately 3,000 blue-chip corporations and governments located in more than 100 countries.
About Ergonomics: Ergonomics AG, based in Zurich is a privately held Swiss IT solution provider. Ergonomics develops and deploys information technology solutions for a variety of customers in Switzerland and abroad. Ergonomics has been a VASCO partner since 2002.
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 2 609 9700, [email protected]