NW_20070214_en_Over 50 Banks in Latin America Trust VASCO’s Strong Authentication
OAKBROOK TERRACE, Ill., and BRUSSELS, Belgium — February 14, 2007 -- VASCO Data Security International, Inc. (www.vasco.com) (Nasdaq: VDSI), the global number one vendor of strong user authentication and e-signature products, announced that it has crossed the milestone of 50 Latin American banks as customers.
VASCO has implemented its successful Full Option, All-Terrain strategy in Latin America. An important number of Latin American banks set the right example by using a segmented approach to authentication. Thanks to the flexibility of VASCO’s products, banks can use different authentication technologies for different customer segments. Banks in Brazil, Mexico, Chile, Uruguay and Guatemala take the lead in securing their customers’ online transactions with VASCO’s Digipass and VACMAN Controller products.
“We are glad to see that next to our success in North America, also Latin American banks rely more and more on VASCO’s Strong Authentication solutions,” says Jan Valcke, VASCO’s President and COO. “We hope to grow even more in Latin America and create a fully secure environment for online financial transactions in the region.”
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 technology is delivered via its Digipass software security products. With over 28 million Digipass licenses sold and delivered, VASCO has established itself as a world-leader for strong User Authentication with over 550 international financial institutions and approximately 3,300 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 2 609 97 40, [email protected]