NW_20000302_en_Southern California Edison Chooses VASCO's SnareWorks for e-commerce
OAKBROOK TERRACE, Illinois, March 2, 2000 – VASCO Data Security International, Inc. (OTC BB: VDSI.OB; www.vasco.com) announced today that Southern California Edison (SCE) has chosen VASCO’s SnareWorks™ software to provide e-commerce and enterprise-wide security for the company. One of the largest electric utilities in the US, serving more than eleven million business and residential customers, Southern California Edison will draw on SnareWorks to develop the security architecture for its customer-focused Internet initiatives, as well as for the company’s enterprise-wide and web-based Single Sign-On infrastructure.
Offered by the IntelliSoft division of VASCO, SnareWorks provides true Single-Sign-On security, PKI and LDAP enablement, web portal security, access control, and user administration. SnareWorks has the capability to encompass and secure mainframe, client/server, and web-based environments and applications – a benefit recognized by Southern California Edison during its evaluation. Like many companies, SCE has a large and varied distributed networking environment running a wide range of products and services, which includes legacy applications as well as Internet, intranet, and extranet authentication requirements.
Jonathan Chinitz, General Manager of VASCO’s IntelliSoft division, said that "we’re pleased that Southern California Edison has put its trust in SnareWorks software for its current and long-term security needs. This represents another example of the growing need for security solutions that span the enterprise and the Internet, effectively and affordably."
VASCO designs, develops, markets and supports security products and services which manage and secure access to computer systems of corporate and governmental clients. Additionally, the Company enables secure financial transactions made over private enterprise networks and public networks, such as the Internet. VASCO believes that its software and hardware products provide organizations with strong, flexible, and effective Internet and enterprise security solutions.
About Southern California Edison
An Edison International company, Southern California Edison is one of the nation’s largest electric utilities, serving more than 11 million people in a 50,000-square-mile area within central, coastal and Southern California. For more information, visit www.sce.com.
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 please contact:
Media: Kerry Roche, Bridgeman Communications, +1 617 742 7270, [email protected]
Investor Relations: Todd Fromer, KCSA Public Relations Worldwide, +1 212 682 6300, [email protected]
VASCO: Mike Lange, +1 630 932 8844, [email protected]
Media (Benelux): Bob Pieters, Anthonissen & Associates, +32 3 286 7777, [email protected]
Media (Europe/Asia): Sven Kersten, HBI, +49 89 99 38 87 33, [email protected]
Investor Relations: Annemieke Blondeel, LBConsult, +44 208 308 7080, [email protected]
VASCO: Ariane Bosmans, +32 2 456 9810, [email protected]