OAKBROOK TERRACE, Ill., and ZURICH, Switzerland, 21st October 2008 - VASCO Data Security International, Inc. (Nasdaq: VDSI) (www.vasco.com ), a leading software security company specializing in authentication products, today announces Digipass Key1, its first USB-based PKI solution for strong authentication, digital signature and data protection. Digipass Key1, is the first solution which is launched in the VASCO PKI-based product line and can only be used together with Digipass CertiID. Digipass CertiID, also launched today, is a client-based software suite offering digital signature capabilities. With the launch of both Digipass Key1 and Digipass CertiID, VASCO clearly demonstrates its commitment to authentication, by using multiple authentication technologies, including PKI.
Digipass Key1 is an ultra-portable solution for strong authentication, secure access and secure transactions, offering the same capabilities as a smart card. The solution offers VASCO the opportunity to respond to growing and changing needs in authentication. It has been developed for large corporations, governments and banks providing two factor strong authentication for secure web login, windows PKI login to the desktop, e-mail signature, e-mail encryption and secure VPN access. The solution is ideal for identity management, banking and e-government transactions, considering it complies with European legal recommendations.
The chip embedded in the Digipass Key1 is a highly secure data container. The user’s private key will be generated on the chip, when the user requests a certificate for the first time. The private keys which are stored on the chip can never be exported from the device. Whenever the user wants to sign a transaction, a PIN-code will be requested to access the certificates stored on the Digipass Key1.
Digipass Key1 product benefits:
• Enhanced security: Digipass Key1 offers a solution for strong authentication, secure access and secure transactions. It is ideally suited to protect desktop access and secure data through digital signature. All signing operations will require a PIN-code.
• Reduce costs: Digipass Key1 offers full smart card capability with the benefit of not having to invest in smart card readers. Furthermore it has been designed for mass deployment. It fits standard postal rates to facilitate postal shipment for large deployments.
• Convenience: Digipass Key1 has been designed to simplify the complexity of PKI-environments. Digipass Key1 is user-friendly, it was developed to require no understanding or prior knowledge on PKI for the end-user. It is a small, light weight device (43.9 mm x 16.1 mm x 4.3 mm) making it ultra-portable, thus enhancing end-user mobility. It can also be used by users using different workstations.
“The launch of Digipass Key1 and Digipipass CertiID is for VASCO the first step in offering PKI-based authentication solutions. With this launch VASCO demonstrates it commitment to its mission to offer all terrain full option authentication solutions. Our PKI-based offering provides us with the ability to respond to new demands for authentication.”, says Jan Valcke, President and COO of VASCO Data Security.
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 global software company for Internet Security serving a customer base of more than 7,600 companies in more than 100 countries, including more than 1,150 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]
For product reviews, contact:
Brigitte Lagrou, +32 2 609 97 44, [email protected]