NW_20070911_en_VASCO Turns Belgian eID Into Digipass Strong Authentication
OAKBROOK TERRACE, Ill., and ZURICH, Switzerland, September 11, 2007 - VASCO Data Security International, Inc. (Nasdaq: VDSI) (www.vasco.com), the leading software security company specializing in authentication products, today announced that its renowned VACMAN Controller and the entire Digipass smart card reader product range are fully compatible with the Belgian eID card. In order to strengthen the positioning of its eID product range in the Belgian market, VASCO has launched a dedicated eID website (www.digipassforeid.be ).
For VASCO, the eID platform is an important additional platform to bring its VACMAN and Digipass technology to new verticals and new applications. In the banking sector, VASCO has built a very dominant position in the Belgian market, with the vast majority of banks offering different models of Digipass to their end-user for retail banking.
VASCO’s entire card reader product line is eID enabled.
The unconnected reader range for eID range includes VACMAN Controller, Digipass 800, Digipass 805, Digipass 810, Digipass 820 and Digipass 840, the card reader for the blind and visually impaired.
VASCO’s USB-connected Digipass readers for eID include the “transparent” Digipass 905 and the pin-pad secured Digipass 850.
The unconnected Digipass readers for eID combine the world leading Digipass technology and the specific secrets stored on the eID card. This allows users to calculate one-time passwords without jeopardizing their privacy. Their identity details will not be released on the Internet. In addition, the unconnected Digipass for eID readers can be used to read the public information on the eID card, an important tool for law enforcement and the public sector in general.
VASCO’s USB-connected Digipass 905 for eID, a transparent card reader, can be used to read and access the eID PKI-certificates stored on a PC. Digipass 850, the pin-pad secured connected eID-reader, combines all functionalities of Digipass 905 with the ability to calculate one-time passwords.
“With Digipass for eID, we allow the Belgian citizen to use his/her Id card as a truly secure online platform,” said Jan Valcke, VASCO’s President and COO. “With this product range, we bring banking level security to other applications, including e-government. We expect that this product range will allow VASCO to further penetrate the e-government and e-commerce markets.”
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 5,300 companies in more than 100 countries, including close to 850 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 2 609 97 40, [email protected]