NW_20010925_en_Industry Experts, European Bank to Present at VASCO’s 4th International Banking Seminar in New York

September 25, 2001

OAKBROOK TERRACE, Ill. and BRUSSELS, Belgium – September 25, 2001 – VASCO (Nasdaq NM & Nasdaq Europe, VDSI; www.vasco.com), will sponsor their fourth International Banking Seminar titled “e-Banking: Strategic Insights and Enabling Tools” at the ‘21’ Club in midtown Manhattan, New York on Thursday, October 11, 2001. In the morning session, banking customers and industry experts will address the key issues in safely deploying strategic e-banking solutions. The afternoon session will feature product demos of two-factor, strong authentication, digital signatures, PKI technology and single sign-on and access control security in use at banks worldwide. Attendees will gain insight into how to prosper through e-banking while ensuring that financial information and investment activities are kept both private and highly secure.

Knowledgeable industry speakers represented by Meridien Research, the American Bankers Association (ABA), and Politzer & HANEY will speak on selected topics: “Bank Risks and Rewards in an Electronic Environment,” “The Transformation of Corporate e-Banking,” and “E-Signatures and Public Key Infrastructure Today.” European bank Rabobank will present “Secure Web Banking at Rabobank” to demonstrate how they are leveraging a user base of 7 million smart cards to secure the web transactions of their customers.

Steve Axel, Chief Marketing Officer of VASCO, noted that, “Today, e-banking is a hyper-competitive environment. We have assembled a powerful group of industry veterans to share their expertise and insights with senior bank executives and the IT/security professionals that support their Company’s mission. We are very pleased to sponsor our 4th international event in New York, a city known for its passion, determination and world-banking status.”

VASCOÂ’s family of Digipass strong authentication and digital signature products have been proven as the solution of choice for anyhow, anywhere, anytime, remote access security enabling e-business for over 6,000,000 users worldwide in more than 50 countries, including more than 170 financial institutions.

To register for the seminar, visit us online at www.vasco.com/21Club or call Mr. Julian Gorman or Mr. Stephen Axel of VASCO at +1 630 932 8844.

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, enterprise Single Sign-On, and LAN 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]

Jochem Binst
+32 2 456 9810
[email protected]

Investor Relations:
Annemieke Blondeel
USA +1 630 932 8844, Europe +44 20 8308 7080 [email protected]