NW_20010620_en_VASCO Makes Web Portal Security Available to Millions of Businesses Worldwide, Large and Small.

June 20, 2001

OAKBROOK TERRACE, Illinois and BRUSSELS, Belgium – June 20, 2001 – VASCO (NasdaqNM & Nasdaq Europe: VDSI; www.vasco.com), a global provider of enterprise-wide security solutions that support e-business and e-commerce, today announced the general availability of VACMAN Server 6.0 for Web, the latest addition to its VACMAN family of security software products. As a full AAA server interoperable with leading web servers and operating systems, VACMAN Server 6.0 for Web easily adds authentication, authorization, and administration security to existing web sites and web-enabled applications.

“We’re finding that VACMAN Server 6.0 for Web is a very attractive web portal security solution for our customers and prospects, since it can secure existing websites with very little integration and at a low purchase price and cost per user, yet with all the security functionality they require,” observed Jan Valcke, Executive Vice President of Sales and Marketing for VASCO. “The software thus allows them to build strong yet easy to use and easy to manage web security around their existing business processes and security policies, and at a low total cost of ownership.”

Companies around the world drawing on VACMAN Server for Web range from small online retailers and business-to-business operations, to some of the world’s largest financial institutions. Today, customers such as ABN AMRO and SouthTrust Bank in the US, Kas Associatie, University of Groningen, Cortal Street, Carat Crystal, and ARIA in Europe, and Austereo, Richard Ellis, and Blake Dawson Waldron in Australia all place their trust in VACMAN Server for Web security software.

VACMAN Server 6.0 for Web is based on the award-winning Identikey software, acquired by VASCO earlier in this year. The software is fully integrated with the Digipass family of strong authentication and digital signature security, allowing any organization to also gain the benefits of strong user authentication and digital signature security from a wide and growing range of user platforms for true anytime, anywhere, anyway access to web-based information and transactions.

“VACMAN Server 6.0 for Web is a turnkey, AAA-based e-business platform, giving organizations full access control for resources that can be defined down to files, documents, or an underlying security policy,” noted Mark Kefford, Vice President of Product Strategy for VASCO. “And all of this is built on a simple, secure, and fully web-based administration interface, allowing any authorized person with web knowledge to manage the security software from anywhere in the world. VACMAN Server 6.0 for Web is thus ideal for managing static web sites as well as dynamic web-based applications, resulting in an effective and affordable means for bringing business processes to the Internet, easily and securely.”

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 VACMAN® products offers end-to-end security through strong authentication and digital signature, true and secure Single Sign-On, access control, and web portal, LAN, and enterprise security, 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]

Worldwide Investor Relations:
Annemieke Blondeel, +44 208 308 7080, [email protected]