NW_20000920_en_Renault-Mais Automotive Selects VASCO for Secure Remote Access

September 20, 2000

BRUSSELS, Belgium – September 19, 2000 – VASCO (NASDAQ & EASDAQ: VDSI; www.vasco.com), a global provider of enterprise-wide security solutions, announced today that Renault-Mais, the largest automotive manufacturer in Turkey with over 2000 employees, has selected VASCO’s Digipass™ authentication technology to protect employee remote access to the company’s network. Renault-Mais is relying on VASCO partner Biltam, a leading systems integrator and provider of security services, to integrate VASCO technology into the Renault-Mais security solution. With Digipass strong user authentication, Renault-Mais is assured that only authorized users can access sensitive company information.

“We’re pleased with the effectiveness and low total cost of ownership of the Digipass security technology, as well as the security expertise of Biltam,” said Mr Oouzhan Yildiz, Network Engineer for Renault-Mais. “Now, managers and employees who need access to vital information can do so from home or while traveling, easily and securely.”

Authorized Renault-Mais employees can now access the company’s corporate database and Lotus Notes server, allowing them to communicate effectively and securely from any location. With a direct connection to Renault headquarters in France, Renault-Mais also allows any employee with a Digipass to access the corporate Intranet remotely, due to the high level of security provided.

"Renault-Mais demonstrates that VASCO is aggressively expanding its sales reach around the world, and in the rapidly growing area of remote access security," noted Jan Valcke, Vice President and General Manager of VASCO. "We expect other companies in Turkey to follow the lead of Renault-Mais and turn to VASCO for their remote access security needs."

VASCO secures the enterprise from the mainframe to the Internet with infrastructure solutions that enable secure e-business and e-commerce, protect sensitive information, and safeguard the identity of users. The company’s family of Digipass™, VACMAN®, and SnareWorks™ products offers end-to-end security through true Single Sign-On, access control and advanced entitlements, web portal security, strong user authentication, and PKI enablement, while sharply reducing the time and effort required to deploy and manage security. VASCO’s customers include hundreds of financial institutions, blue-chip corporations, and government agencies in more than 50 countries, among them John Hancock, ABN AMRO Bank, Shell, 3M, Ericsson, Rabobank, SEB, First Union, Liberty Mutual, Cable and Wireless, Nokia, DaimlerChrysler, Volvo, European Commission, US Coast Guard, University of Groningen, and Duke University. VASCO’s partners include Ubizen, Intel, Computer Associates, Lernout & Hauspie, Check Point Software Technologies, and Novell. More information is available at www.vasco.com.

Renault-Mais is the biggest automotive factory in Turkey. They manufacture and export Megane cars to countries throughout the world. Visit www.renault.com.tr for more information. Biltam has been in business since 1983 providing expert systems integration services to Turkish corporations.

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]