NW_20011220_en_VASCO’s Digipass 800 Awarded “Pick of 2001” by SC Magazine

December 20, 2001

OAKBROOK TERRACE, Illinois and BRUSSELS, Belgium – December, 2001 – VASCO (Nasdaq NM & Nasdaq Europe: VDSI; www.vasco.com), a global provider of enterprise-wide security products that support e-business and e-commerce, announced today that SC Magazine (www.scmagazine.com), one of the world’s leading e-security media, has chosen VASCO’s Digipass 800 to be “Pick of the Year 2001”in the category Smartcards and Tokens, part of SC’s yearly list with best security products. For the second consecutive year, a Digipass product is recognized by SC. In 2000, Digipass 700 was awarded “Pick of the Year.”

The SC jury granted Digipass 800 very high scores on value for money, features, performance, documentation, support and ease of use. According to SC Magazine, DP 800 “combines the intrinsic security of the smartcard with the advantages of using unconnected tokens, enabling secure network access without being restricted by access methods and OS platforms. (…) Because it is a self-initialising authentication device, it is truly mobile security.”

About Digipass 800
The Digipass 800 is a secure, intelligent, universal platform that extends strong authentication and digital signature capabilities to all market-leading smart cards, enabling existing smart card environments to give safe and flexible access to banking applications. As a hand-held and platform-independent device, the Digipass 800 functions as a fully portable “security portal” that eliminates the need for a smart card reader and software for any smart card holder.

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, the web, 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:

Jochem Binst, +32 2 456 9810, [email protected]

Investor Relations:
Annemieke Blondeel, USA +1 630 932 8844, Europe +44 208 298 99 60, [email protected]