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NW_20050602_en_VASCO Strengthens Indirect Sales Network in the Nordic and Baltic States by Signing Leading Distributor, Nocom.

June 2, 2005

OAKBROOK TERRACE, Illinois and BRUSSELS, Belgium - June 02, 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 by partnering with Nocom, a value-added distribution organisation (www.nocom.se).

Nocom will sell VASCO’s Digipass Pack consisting of Digipass tokens and VACMAN Middleware, to its network of resellers. Nocom already sells the products of VASCO’s solution partners Symantec and Sonicwall. VASCO’s Digipass acts as an add-on for these products.

Nocom is a value-added distributor, offering software with qualified support and training, to facilitate and streamline the activities of companies in the Nordic region. Nocom offers resellers and partners a comprehensive range of market-leading IT security solutions.

“VASCO is a leading supplier of authentication solutions and has a strong brand name that is associated with quality. VASCO also adds further depth to our security portfolio and to the value proposition our partners and resellers can provide in end customer solutions”, says Peter Lämber, Vice President, Nocom Sverige AB.
“Security is a topic that is on everybody’s mind. We expect two factor authentication to be an important component for enterprises that want to secure their customers against fraud schemes such as Phishing and Man-in-the-middle attacks.”

“We welcome Nocom as a distributor for the Nordic and Baltic markets,” 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 this region.”

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 Nocom, please visit: www.nocom.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 15 million Digipass products sold and delivered, VASCO has established itself as a world-leader for strong User Authentication with over 370 international financial institutions and approximately 1,700 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 NOCOM AB: NOCOM is an IT company that sells software with qualified support and training, to facilitate and streamline the activities of companies in the Nordic region. Our services comprise five technology fields: integration, security, analysis, development tools, and infrastructures. Nocom Drift provides operations and hosting as advanced services in business-critical IT solutions. Nocom has 90 employees, with representatives in Sweden, Norway, Denmark, Finland, and the Baltic States. The company was founded in 1985 and has been quoted on the Stockholm Stock Exchange’s O-List (NOCM B) since 1999.
Read more at www.nocom.se

For more information contact:
VASCO: Jochem Binst, +32 2 456 9810, [email protected]
NOCOM: Peter Lämber, +46 708 - 65 53 10, [email protected]