NW_20030512_en_VASCO Launches VACMAN Server 6.0.4 for RADIUS

May 12, 2003

OAKBROOK TERRACE, Ill., and BRUSSELS, Belgium, May 12, 2003 - VASCO Data Security International, Inc. (Nasdaq: VDSI (http://www.vasco.com)), a global provider of security products that enable e-business and e-commerce, today announced the launch of VACMAN Server 6.0.4 for Radius, the latest addition to VASCO’s VACMAN product family. VACMAN Server 6.0.4 is perfectly suited for Small and Medium Sized Enterprises (SME’s) that wish to secure their Radius environment with VASCO’s strong authentication. VACMAN Server 6.0.4 works seamlessly together with the 15 models of VASCO’s Digipass security tokens.

VACMAN Server 6.0.4 for RADIUS boasts a long list of advantages. The most important features are:
· Full RADIUS attribute support;
· Streamlined installation and implementation;
· Enhanced data export and reporting;
· Support for IP Address Pools;
· Improved Digipass management;
· Centralized logging/debugging;
· Continuous replication.

“The combination of VACMAN Server 6.0.4 for RADIUS and Digipass is the perfect tool for SME’s that want to have true secure remote access to their corporate network, be it for VPN or Dial Up applications,” said Jan VALCKE, VASCO’s President and COO. “Security doesn’t have to cost a lot of time and money. In less than an hour, the very cost efficient VACMAN Server 6.0.4 for RADIUS can be installed at the customer’s site.”

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 over 8 million Digipass products sold and delivered, VASCO has established itself as a world-leader for strong Identity Authentication with 200 international financial institutions, approximately 1000 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]