NW_20050413_en_VASCO Strengthens Indirect Sales Network in Colombia by Signing Leading Distributor, ESOLUCIONES S.A.

April 13, 2005

OAKBROOK TERRACE, Illinois and BRUSSELS, Belgium – April 13, 2005 –VASCO Data Security (NASDAQ: VDSI: www.vasco.com), a global provider of enterprise-wide security products that support e-business and e-commerce, today announced that it has reinforced its indirect sales network in Colombia by partnering with leading distributor, Esoluciones.

Esoluciones will sell Digipass Pack for Juniper to its network of resellers. Digipass Pack is a bundling of VASCO’s Digipass and VACMAN Middleware, designed to be easily combined with the world’s leading security products of VASCO’s Solution Partners. Digipass Pack is only sold indirectly, via distributors and resellers/integrators.

Esoluciones is a Colombian value-added specialist distributor, specialising in remote connection, network management and Internet security and administration solutions. Esoluciones also distributes the products of VASCO’s solution partner Juniper.

“We see VASCO's Digipass two-factor authentication solution as an important tool in the fight against current and emerging attacks against weak user name/password authentication regimes,” stated Liliana Perdomo, CEO of Esoluciones. “The inclusion of VASCO to the security portfolio adds further depth to the value proposition Esoluciones and its business partners can provide in end user solutions. With security mandates and concerns affecting even smaller firms, a secure, easily deployed solution at clearly competitive price points-- like VACMAN/Digipass -- has real appeal to us and our customers”

“We welcome Esoluciones as a distributor for the Colombian market,” said Jan Valcke, VASCO’s President and COO. “We are convinced that the joint forces of both companies will create a more secure Corporate Network Access environment in Colombia.”

To become a VASCO distributor, companies must meet a number of criteria. First, a distributor must have one or more products of VASCO’s solution partners (Citrix, Novell, F5 Networks, SonicWALL, Watchguard, Juniper, etc.) in its portfolio. Secondly, VASCO distributors need to have thorough knowledge of the local market and of VASCO’s products by having their staff trained and certified by VASCO. Thirdly, they need to share with VASCO the business spirit and focus on quality.

To learn more about Esoluciones, please visit www.esoluciones-la.com

About VASCO: VASCO designs, develops, markets and supports patented user authentication products for the financial world, remote access, e-business and e-commerce. VASCO’s user authentication software is delivered via its Digipass hardware and software security products. With over 13,5 million Digipass products sold and delivered, VASCO has established itself as a world-leader for strong User Authentication with over 350 international financial institutions and approximately 1,500 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.

About ESOLUCIONES: ESOLUCIONES is a national value-added specialist distributor with offices in Colombia, Bogota specialising in remote connection, network management and Internet security and administration solutions.
ESOLUCIONES designs, configures, deploys and provides services for its channel partners. ESOLUCIONES is also a Colombian company distributing the vendors: Juniper Netscreen, Packeteer, Barracuda, Thinprint, Kypus de Nova and VASCO. ESOLUCIONES also distribute their products in Ecuador, Venezuela, Peru, Panamá, Puerto Rico and Guyana.

For more information contact:
Jochem Binst, +32 2 456 9810, [email protected]
Liliana Perdomo +571 6512886, [email protected]