NW_20051108_en_VASCO to Host Banking Summit in New York on January 26-27,2006
OAKBROOK TERRACE, Ill., and BRUSSELS, Belgium, November 8 , 2005 - VASCO Data Security International, Inc. (NASDAQ: VDSI), (www.vasco.com ), the leading global provider of strong user authentication products to the financial sector, today announced that it will organize a banking summit in New York on January 26-27, 2006 at the Westin Hotel, Times Square (www.westinny.com ).
VASCO is the market leader, providing strong authentication to the US banking world, with 5 of the Top 10 US banks as customers.
During the event, longstanding VASCO customers in the banking sector will explain to prospects what the benefits are of choosing VASCO’s Digipass strong authentication products. In addition, VASCO will describe how Digipass can be used in order to be compliant with FDIC regulations with regards to high-risk transactions.
Participation in the banking summit is restricted to bankers and employees of financial institutions. However, on January 25, VASCO will organize a press conference and an investor and analyst event.
“With over 400 banks in our customer portfolio, VASCO is well positioned to give banks the right advice with regards to the use of strong user authentication products,” said Jan Valcke, VASCO’s President and COO. “In the first three quarters of 2005, VASCO sold and delivered almost 5 million Digipass strong authentication products. No other company in the sector can make that claim. This means that we are well positioned to deliver Digipass to high volume customers worldwide, including the U.S. market.”
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 19 million Digipass products sold and delivered, VASCO has established itself as a world-leader for strong Identity Authentication with over 420 international financial institutions and approximately 2,000 blue-chip corporations and governments located in more than 100 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]