NW_20021010_VASCO to release Q3 2002 Results on Wednesday, October 23

October 10, 2002

OAKBROOK TERRACE, Illinois and BRUSSELS, Belgium – October 11 – 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 it will release its Q3 2002 results before the opening of Nasdaq Europe on Wednesday, October 23, 2002.
On October 23, at 10.00 EST/16.00 CET VASCO will hold a conference call, which will be streamed on the VASCO website.
Mr Mario Houthooft, President and CEO, and Mr Cliff Bown, Executive Vice President and CFO of VASCO, will be available on October 23 to answer analyst and media questions.

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 and LAN, Radius and Web 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]
Tony Schor, President, Investor Awareness, Inc.: 847-945-2222, [email protected]