NW_20010531_en_VASCO Expands Security Software Product Offering with VACMAN RADIUS Middleware

May 31, 2001

OAKBROOK TERRACE, Ill. and BRUSSELS, Belgium – May 31, 2001 – VASCO (Nasdaq NM & Nasdaq Europe: VDSI; www.vasco.com), a global provider of security solutions that enable e-business and e-commerce, today announced the general availability of VACMAN RADIUS Middleware security software. VASCO’s newest security software answers a compelling need – detailed by industry experts including the Gartner Group – for strong authentication in a RADIUS environment. RADIUS (Remote Access Dial-In User Service) is the worldwide standard for remote access control, used by thousands of corporations, financial institutions, and government agencies worldwide. Because VACMAN RADIUS Middleware transparently enables strong authentication in any RADIUS environment without modifying the existing IT infrastructure, and incorporates proven management tools that significantly reduce the time and effort required to manage strong authentication, any organization using RADIUS can easily enhance security with Digipass strong authentication, at a low Total Cost of Ownership.

“While RADIUS is by far the most widely used protocol for remote access control, it does not have strong user authentication built in,” said Jan Valcke, Executive Vice President of Sales and Marketing for VASCO. “The Gartner Group, for example, has stated that RADIUS access should be strengthened with strong authentication methods. VACMAN RADIUS Middleware is uniquely designed to enhance RADIUS remote access security using Digipass authenticators, while preserving a company’s existing IT infrastructure. To our knowledge there is no other product of its kind on the market today, and we are already seeing tremendous interest in VACMAN RADIUS Middleware from our worldwide reseller channel as well as sales prospects. ”

VACMAN RADIUS Middleware is a low-cost, out-of-the-box central authentication product that transparently enables Digipass strong, two-factor authentication in any RADIUS environment through its RADIUS proxy functionality and innovative automated authentication management features. Organizations around the world have standardized on RADIUS as the protocol for remote access to their corporate networks.

“Now, with VACMAN RADIUS Middleware, any of these organizations can easily strengthen their remote access security without purchasing an additional authentication or AAA server, without making modifications to their existing infrastructures, and at a low Total Cost of Ownership,” according to Bart Renard, Vice President of Customer Services for VASCO. “They simply place the software between a Network Access Server and an existing RADIUS/Server to gain the benefits of strong, two-factor authentication.”

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]