NW_20010116_en_VASCO’s Digipass 700 Named “Pick of 2000” Security Product by SC Infosecurity News Magazine

OAKBROOK TERRACE, Ill. and BRUSSELS, Belgium - January 16, 2000 – US-based VASCO (NASDAQ & EASDAQ: VDSI; www.vasco.com), a global provider of security solutions that enable e-business and e-commerce, announced today that the Company’s Digipass 700 security product has received the coveted “Pick of 2000” from SC Magazine in the publication’s annual “Buyers’ Bible for 2001.” The Digipass 700, a hand-held platform providing strong authentication and digital signature security for online financial transactions, was recognized for its ability to “simplify even the most grueling transactions” and for providing “the security you’d expect from a VASCO product.”

“We’re pleased to have yet another member of our Digipass family of security products receive industry recognition for securing complex transactions with a user-friendly interface,” stated Stephen Axel, VASCO’s Chief Marketing Officer. “In fact, all of our security solutions have been designed to fit the exact business objectives and levels of security infrastructure that organizations have in place. We appreciate having this capability recognized by SC Magazine, a leading and respected voice in the worldwide security industry.”

VASCO’s family of Digipass security products encompasses the Digipass 100 smart card, Digipass 300, Digipass 500, Digipass 600 providing logical and physical authentication in one device, Digipass 700, Digipass 800 portable and secure smart card reader, and Digipass Soft, which combines the security advantages of Digipass strong authentication and digital signature with the flexibility of a software-based solution. With more than 5 million Digipass sold and 150 banks as customers, VASCO is the world’s leading provider of authentication solutions to financial institutions.

“The Digipass 700 is a well-deserved member of our ‘Pick of 2000’ security products,” said Paul Robinson, Editor-in-Chief of SC Magazine. “As the only worldwide publication addressing the needs of today’s security professional, we appreciate products that sharply reduce the risk of doing business online while being affordable and easy to use.”

About VASCO
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® and SnareWorks® products offers end-to end security through strong authentication and digital signature, true Single Sign-On, access control and advanced entitlements, web portal security, 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 ABN AMRO Bank, Shell, 3M, Ericsson, Rabobank, SEB, First Union, Liberty Mutual, Cable and Wireless, Nokia, DaimlerChrysler, Volvo, US Department of Defense, European Commission, US Coast Guard, University of Groningen, and Duke University. VASCO's partners include Brokat, Check Point Software Technologies, Computer Associates, Intel, Netlife, Novell, Proton World, and Ubizen. More information is available at www.vasco.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 contact:

Americas:
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]

Europe/Asia:
Media (Benelux): Nico Tempelaere
Outsource
+32 2 361 31 20
[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]