NW_20060309_en_German LBBW (Landesbank Baden-Wuerttemberg) offers Secure Retail e-banking to its Customers with VASCO’s Digipass 250
CeBIT, HANNOVER, GERMANY, March 9, 2006 -- VASCO Data Security International, Inc. (www.vasco.com) (Nasdaq: VDSI), the global number one vendor of strong user authentication products, today announced that German bank LBBW (www.lbbw.de ) will use VASCO’s Digipass 250 to enable secure online banking for its retail bank subsidiary Baden-Wuerttembergische Bank (BW-Bank).
Digipass 250 is a small and lightweight strong authentication product, offering all the benefits of VASCO’s Digipass product range. It offers remote access, one-time passwords and e-signatures at the lowest cost. The ease of use of the product has been proven in numerous applications.
Learn more about Digipass 250 at http://www.vasco.com/digipass_250.
LBBW opted for the Digipass functionality because it will provide a high level of security for its e banking customers. By using e.g. e-signatures, the information transmitted to the bank’s server cannot be altered by a hacker, which means that transactions can’t be diverted to a different account than the one designated by the e-banking customer.
“We opted for VASCO’s Digipass 250 for the high quality of the solutions proposed by VASCO. But also for VASCO’s renown and vast experience in the Banking Sector,” said Mr. Lange, project manager Retail, of LBBW. “Security and high quality customer service are of the utmost importance for LBBW. Together with VASCO, we’ll offer our customers a secure and easy way to use online banking application.”
“We welcome LBBW as a customer,” said Jan Valcke, VASCO’s President and COO. “In today’s online banking environment, strong authentication is needed to protect the end user’s assets. We are convinced that the addition of Digipass will make LBBW’s application even more successful.”
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 440 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:
VASCO: Jochem Binst, +32 2 456 9810, [email protected]