NW_20080415_en_DIGIPASS for Retail brings VASCO products to end-users
OAKBROOK TERRACE, Illinois and ZURICH, Switzerland – April 15, 2008 - VASCO Data Security International, Inc. (Nasdaq: VDSI) (www.vasco.com), a leading software security company specializing in authentication products, today launched Digipass for Retail. In a first phase it will sell its Digipass 905 card reader directly to the end user, therefore bringing banking level security to all consumers.
VASCO began selling its Digipass 905 eID card reader for the Belgian market on eBay a few weeks ago and seeks to extend its sales channels. VASCO is currently negotiating with several known retail outlets to bring Digipass 905 to the retail stores. Initially, the retail strategy focuses on the UK with the Digipass 905 smart card reader/ writer and on Belgium with the Digipass 905 eID reader. In the future VASCO plans to sell its products via retail channels in other countries.
VASCO’s decision to make the Digipass 905 smart card reader/writer available via retail outlets throughout the UK, allows consumers to protect themselves from attempted malicious internet fraud when conducting online transactions.
Digipass 905 can be connected to the pc via USB. It is interoperable with all pc or smart card enabled functionalities and suitable for a wide range of applications such as electronic banking, internet and network security and PKI applications. It can be used as a desktop or ‘add-on’ device and is delivered with a separate stand.
In Belgium, VASCO distributes the Digipass 905 eID card reader via eBay, Accell (www.accel.be) and DNS (www.dnsmaster.be). With the electronic identity card issued by the Belgian government, citizens can attend to numerous administrative matters 24/7 from their own computer, legitimately sign electronic documents or log into their employer’s network.
By 2009, every Belgian citizen will be provided with an electronic identity card allowing them to securely access multiple applications used by private and public institutions and companies. Soon everyone will need an eID card reader; it is therefore a logical step for VASCO to extend its product offerings to end-users.
“Bringing Digipass to retail outlets, fits entirely in our Full Option, All Terrain strategy,” says Jan Valcke, VASCO’s President & COO. “End-users can actively protect themselves from identity theft and online fraud and enjoy the benefits of online transactions without worrying about security breaches. Furthermore, Digipass’ proven technology is very easy to use and requires virtually no expertise at all. By selling Digipass via retail outlets, we bring banking level security into everybody’s reach.”
Retail in Belgium:
Information about eID:
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 6,500 companies in more than 100 countries, including approximately 1000 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 00, [email protected]