NW_20010705_VASCO Notice of Q2 Earnings Release and Live Webcast

July 5, 2001

OAKBROOK TERRACE, Ill. and BRUSSELS, Belgium – July 5, 2001 –VASCO (NASDAQ & EASDAQ: VDSI; www.vasco.com), a global provider of security solutions that enable e-business and e-commerce, will announce its Q2 2001 financial results before the opening of US markets on Wednesday, July 25, 2001. The Company's news release will be available at that time on the VASCO and PR Newswire websites.

VASCO will hold a conference call to discuss its Q2 earnings on Wednesday, July 25, 2001 at 10:00 a.m. Eastern time. A live webcast of this conference call will be available from the investors section of VASCO’s website at www.vasco.com as well as at www.streetevents.com; participants should register for the webcast approximately 15 minutes prior to the event to download and install any necessary software. The webcast will also be archived on the VASCO website.

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.

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]

Investor Relations:
Annemieke Blondeel, +1 800 238 2726 or +44 208 308 7080, [email protected]