NW_20070724_en_VASCO Expands International Management Team

July 24, 2007

OAKBROOK TERRACE, Ill., and ZURICH, Switzerland, July 24, 2007 - VASCO Data Security International, Inc. (Nasdaq: VDSI) (www.vasco.com ), the leading software security company specializing in authentication products, today announced that it has expanded its international management team based in Zurich, Switzerland with two important new hires.

Mr. Victor Hoogland joined VASCO on July 16, 2007 as Chief Information Officer. In that capacity, Mr. Hoogland will be responsible for planning, establishing and maintaining the Company's worldwide information and communications strategies, programs, systems and services.

Mr. Hoogland comes to VASCO from Syngenta AG where he most recently lead a global IS team in the implementation of an enterprise-wide data warehouse system. Prior to Syngenta, Mr. Hoogland served in various operational and technical IT positions at Novartis Agro, S.R.C. Software BV and Schlumberger Industries.
Victor Hoogland received an engineering degree from the Technical University in Rijswijk, The Netherlands.

Ms. Alexandra Spirig has joined VASCO as Director Contracts and Compliance.

Ms. Spirig will be worldwide responsible for pre-contract legal, operational and financial review of all contracts with customers, resellers and distributors as well as post-contract follow-up to ensure compliance.

Alexandra Spirig received a law degree from the University of Fribourg, Switzerland and continued her education at a postgraduate level at the University of Leuven in Belgium where she specialized in European Law.

Both Mr. Hoogland and Ms. Spirig will report to Mr. Clifford Bown, VASCO’s Executive Vice President and Chief Financial Officer.

About VASCO: VASCO is the number one supplier of strong authentication and e-signature solutions and services. VASCO has established itself as the world’s leading software company specialized in Internet Security, with a customer base of over 4,800 companies in more than 100 countries, including close to 750 international financial institutions. VASCO’s prime markets are the financial sector, enterprise security, e-commerce and e-government.



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]