NW_20050303_en_VASCO To Show Extended Secure Smart Card Reader Offering At CeBIT 2005

March 3, 2005

OAKBROOK TERRACE, Ill., and BRUSSELS, Belgium, March 3, 2005 - VASCO Data Security International, Inc. (NASDAQ: VDSI), (www.vasco.com ), the global number one vendor of strong user authentication products to the financial sector, today announced that it will show its extended secure smart card reader family at CeBIT 2005 for the first time since its recent acquisition of smart card reader specialist AOS-Hagenuk. Products in the spotlight are VASCO’s Digipass 800 and Digipass 850 and ex-AOS Hagenuk product Digipass 820, formerly known as PocketID 20.

At CeBIT, VASCO will affirm its market dominance as a provider of secure readers for the financial sector. Currently, financial institutions have over 5 million of VASCO’s secure readers in the field. In the near future, VASCO plans to strengthen its position in the financial market and to position its Digipass secure reader product family in the e-commerce and e-government sectors.

Digipass 800 is a multifunctional unconnected secure smart card reader that extends strong authentication and digital signature capabilities to all market-leading smart cards, including EMV-CAP (Europay-Mastercard-Visa Chip Authentication Program). Digipass 820 is a user friendly, elegantly designed and multi-character set unconnected secure smart card reader. As Digipass 800, Digipass 820 is EMV-CAP approved. It supports Chinese, Japanese and Arabic symbols.
Digipass 850 is a connected secure smart card reader that can also be used in an unconnected mode. Connected with a USB cable to a PC, Digipass 850 can be used in a PKI environment. Unconnected, Digipass 850 has the same functionalities as Digipass 800.

“The smart-card market is of strategic importance to VASCO,” said Jan Valcke, VASCO’s President and COO. “The extended reader family shown at CeBIT is only a first step. Strenghtened with AOS-Hagenuk’s products, people and R&D know-how, VASCO will build an even stronger presence in the financial world, and tackle aggressively the e-commerce and e-government markets.”

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 hardware and software security products. For user access control, VASCO’s VACMAN products guarantee that only designated Digipass users get access to the application. With over 13,5 million Digipass products sold and ordered, VASCO has established itself as a world-leader for strong Identity Authentication with over 350 international financial institutions and approximately 1,400 blue-chip corporations and governments located in more than 80 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.

For more information contact:
Jochem Binst, +32 2 456 9810, [email protected]