NW_20060131_VASCO’s Chairman and CEO Ken Hunt to Present at Financial Conferences

January 31, 2006

OAKBROOK TERRACE, Ill., and BRUSSELS, Belgium, January 31, 2006 - 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 its Founder, Chairman and CEO Ken Hunt will address the investor community at four financial conferences during the first half of February.

On February 1st. (8:00-8:45 am), Mr Hunt will speak at Brean Murray’s Small Cap Institutional Investor Conference in New York City.

The next day, February 2nd. (11:25-11:55 am), Mr Hunt will present at the Merrill Lynch IT Services & Software Conference in Las Vegas.

On February 7th., at Kaufmann Brothers’ Second Annual West Coast Investors Conference in San Francisco, Mr. Hunt will speak from 8:10 until 8:40 am.

Finally, Mr. Hunt will address the America’s Growth Capital Tech Conference on February 13th. in San Jose from 9:15 until 11:15 am.

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 20 million Digipass products sold and delivered, VASCO has established itself as a world-leader for strong User Authentication with over 420 international financial institutions and approximately 2,100 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]