NW_20010207_VASCO to Announce Q4 2000 and Year-end Results on February 21, 2001

February 7, 2001

OAKBROOK TERRACE, Ill. and BRUSSELS, Belgium –February 7, 2001 – US-based VASCO (NASDAQ & EASDAQ: VDSI; www.vasco.com), a global provider of security solutions that enable e-business and e-commerce, will announce its Q4 2000 and year-end financial results before the opening of financial markets on Wednesday, February 21, 2001. The Company's news release will be available at that time on PR Newswire and the VASCO website.

VASCO will hold a conference call to discuss its financial results on Wednesday, February 21, 2001 at 10:00 a.m. Eastern time. A live webcast of this conference call will be available at www.vcall.com; participants should register for the webcast approximately 15 minutes prior to the event to download and install any necessary software. A replay of the conference call will be available from 2:00 p.m. Eastern time on February 21, 2001, through 11:59 p.m. Eastern time on February 23, 2001. To access the replay from the US call +1 888 845 7412; to access the replay from outside the US call +1 402 220 1135.

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 area based on current expectations and
involve risks and uncertainties, including, but not limited to, variations in quarterly operating results, technological changes, regulation of cryptographic technology and technology exports, and foreign exchange risk, among others. 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]