NW_20030304_en_CEBIT 2003_ Strong Presence of VASCO Partners

March 4, 2003

OAKBROOK TERRACE, Ill. and BRUSSELS, Belgium – March 04, 2003 – VASCO Data Security International (NASDAQ: VDSI : www.vasco.com ), a global provider of end-to-end security products that support e-business, today announced that its banking, corporate networking and channel partners will be heavily represented at the CeBIT 2003 tradeshow in Hanover (Germany). As proof of the success of VASCO’s partner program, its Digipass and VACMAN products, as well as VASCO compatible solutions, will be shown on 34 booths. VASCO’s own booth can be found in Hall 17, Booth nr G 17 and Hall 18, Booth 21 - EMV Sonderschau..

Banking solution partners are VASCO Solution Partners whose products are compatible with VASCO’s Digipass products in a financial environment. At CeBIT, 12 VASCO banking partners will be present, as well as 13 VASCO corporate network access partners and 9 VASCO distributors/resellers.

VASCO Partners present at CeBIT:
Banking: MasterCard Europe; Netlife; Omikron; Atos Origin; DataDesign; LOGOS; Bankverlag; SRC Security Research; EURO Kartensysteme; ELEMENT; Nomadix; Eracom. Corporate network access: Funk Software; Check Point Software; AVAYA Deutschland; Cisco System; Citrix Systems; CyberGuard; NetScreen Technologies; mms communication; Novell; SonicWall; Stonesoft; Lucent Technologies; IBM. Distributors/Resellers: DNS Digital Network Services; The Bristol group; Carpe Diem; Telindus; Controlware; Secunet; Bull; Siemens; Expertsoft.

About VASCO:
VASCO designs, develops, markets and supports patented “Identity Authentication” products for e-business and e-commerce. VASCO’s Identity Authentication software is delivered via its Digipass security products, small “calculator” hardware devices carried by an end user, or in a software format on mobile phones, other portable devices, and PCs. For user access control, VASCO’s VACMAN products guarantee that only designated Digipass users get access to the application. VASCO’s target markets are the applications and their several hundred million users that utilize fixed passwords as security. VASCO’s time-based system generates a “one-time” password that changes with every use, and is virtually impossible to hack, or break. With 8 million current users of its Digipass products, VASCO has established itself as a world-leader for strong Identity Authentication with 180 international financial institutions, approximately 800 blue-chip corporations, and governments representing more than 50 countries.

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.
More information is available at www.vasco.com.

For more information contact:
Media: Jochem Binst: +32 2 456 9810, [email protected]
Investor Relations: Tony Schor, President, Investor Awareness, Inc.: 847-945-2222, [email protected]