NW_20010403_VASCO Notice of Q1 Earnings Release and Live Webcast

April 3, 2001

OAKBROOK TERRACE, Ill. and BRUSSELS, Belgium -April 3, 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 Q1 2001 financial results before the opening of US and European markets on Wednesday, April 25, 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 Q1 earnings on Wednesday, April 25, 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 Standard Time on April 25, 2001, through 11:59 p.m. Eastern Standard Time on April 27, 2001. Call 1-877-519-4471 from the US, and 1-973-341-3080 from outside the US. The replay code is 2523396.

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. 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:

Mike Lange
+1 630 932 8844
[email protected]

VASCO: Ariane Bosmans
+32 2 456 9810
[email protected]