NW_20000402_VASCO Data Security International, Inc. Files for NASDAQ National Market Listing
OAKBROOK TERRACE, Illinois, February 4, 2000 – VASCO Data Security International, Inc. (OTC BB: VDSI.OB; www.vasco.com), a leading provider of Internet and enterprise-wide security solutions, announced today it has filed an initial application with the Nasdaq Stock Market to list its class of common stock on the Nasdaq National Market.
Mario Houthooft, President and Chief Executive Officer of VASCO Data Security, noted that "a listing on the Nasdaq National Market will make our common stock more readily available to our shareholders, institutional investors, and the financial community, and allow us increased access to capital markets. The current acceleration of our growth strategy and the increasing interest in VASCO’s technology, combined with a National Market listing, will best serve to enhance shareholder value."
VASCO helps organizations rapidly and effectively secure their e-business and e-commerce applications and services. The company’s family of Digipass™, VACMAN®, and SnareWorks™ products offers end-to-end security through true Single Sign-On, PKI, web security, strong user authentication, access control, user administration and encryption solutions that also sharply reduce the time and effort required to deploy and manage them. With hundreds of financial institutions, blue-chip corporations, and government agencies as customers in more than 50 countries, VASCO Data Security is a global leader in security solutions that support the Internet economy. More information is available at www.vasco.com and www.isoft.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," or "expects" 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.
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]