OAKBROOK TERRACE, Illinois and ZURICH, Switzerland –January 30, 2008 – VASCO Data Security International Inc. (Nasdaq: VDSI; www.vasco.com), a leading software security company specializing in strong authentication products, today announced the launch of Digipass 110, the zero-footprint e-signature solution. With Digipass 110, VASCO aims at the large volume e-commerce and retail e-banking markets. VASCO will present its Digipass 110 during its January 30, 2008 Media and Investor Summit in New York.
Digipass 110 combines the benefits of hardware and web-based authentication.
• The Digipass secrets are stored on a tiny USB stick, not on a computer. This zero-footprint approach makes the system immune against PC’s that are infected with Trojans. The sizes of the USB stick used for Digipass 110 are 43.9 mm x 16.1 mm x 4.3 mm or 1.73 inches x 0.63 inches x 0.17 inches.
• A Java applet on the PC creates, together with the secrets stored on the USB stick, time-based one-time passwords that are protected by VACMAN.
• Digipass 110 possesses VASCO’s renowned e-signature functionality. This allows the end-user to protect online transactions against fraud schemes such as man-in-the-middle attacks. The processing power of the PC, in conjunction with the web-based VACMAN authentication engine, can calculate e-signatures encompassing unlimited transaction data input.
• No driver is required.
Pictures of Digipass 110 can be found at www.vasco.com/digipass_110 .
Digipass 110 is especially suited for large volume deployments in the global e-commerce market and the North-American retail banking sector. End-users get secure access to a network with a Digipass one-time password and are able to use the strongest transaction security in the market, Digipass e-signatures calculated with the processing power of a PC.
Mass roll-out of Digipass 110 is extremely easy. After subscribing to the service, the end-user will receive the USB-stick with the Digipass secrets. He/she will be able to auto-register in approximately 10 seconds, by plugging the USB-stick into his PC. The Digipass secrets can only be used in conjunction with the java-applet that the end-user downloads on his/her PC.
“With Digipass 110, we strengthen our Full Option, All-Terrain product strategy,” said Jan Valcke, VASCO’s President and COO. “By combining the flexibility, ease of deployment and low Total Cost of Ownership of a web-based authentication product with the enhanced security and long lifespan of a tangible lightweight hardware product, we create a true zero-footprint e-security solution for large-volume deployments in e-commerce and retail banking.”
About VASCO: VASCO is a leading supplier of strong authentication and e-signature solutions and services specializing in Internet Security applications and transactions. VASCO has positioned itself as a global software company for Internet Security serving a customer base of close to 6,000 companies in more than 100 countries, including approximately 950 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:
VASCO: Jochem Binst, +32 2 609 97 00, [email protected]