NW_20061010_en_Aruba Bank Secures Retail Customers with VASCO’s Digipass 260

October 10, 2006

OAKBROOK TERRACE, Ill., and BRUSSELS, Belgium, October 10, 2006 - VASCO Data Security International, Inc. (www.vasco.com) (Nasdaq: VDSI), the global number one vendor of strong user authentication and e-signature products, today announced that leading Aruba bank (www.arubabank.com ) will use VASCO’s Digipass 260 to secure its retail and corporate e-banking application ABO (Aruba Bank Online).
The implementation of Digipass and VACMAN Controller into Aruba Bank’s infrastructure has been smoothly executed by Fox-IT (www.fox-it.com ), a company specialized in IT Security and VASCO’s trusted partner.

Digipass 260, or ABOpass as the product is baptized by Aruba Bank, will be used by the bank’s retail customers for secure access to their bank accounts and for safe internal and external transactions.
Digipass 260 is a very portable, PIN protected device offering One-Time Password and e-signature functionalities. High-resolution pictures of VASCO’s Digipass product range can be downloaded at www.vasco.com/products.

“Fox-IT advised us to opt for VASCO because of its position and vast know-how in the financial sector and because of the quality and flexibility of its product range,” said Rolf Schut, managing director of Aruba Bank. “The security of our customers is an absolute priority at Aruba Bank. By selecting VASCO’s Digipass 260 in combination with Fox-IT’s state-of-the-art services, we add an important security layer to our online banking infrastructure.”

“We welcome Aruba Bank as a customer,” said Jan Valcke, VASCO’s President and COO. “Today, two-factor authentication is a must for every bank that takes the protection of its customers’ assets seriously. We congratulate Aruba Bank as the first bank in the region to deploy Digipass strong authentication. We are convinced that ABOpass will make Aruba Bank’s online success even greater.”

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 25million Digipass products sold and delivered, VASCO has established itself as a world-leader for strong User Authentication with over 500 international financial institutions and approximately 3,000 blue-chip corporations and governments located in more than 100 countries.

About Fox-IT: Fox-IT is a specialised IT Security company with in-depth knowledge of information security issues and forensic research. Our mission is to realise security solutions and to solve security problems for clients who consider security to be of great essence. We mainly focus on increasing the security level of complex (business) processes. We were founded in 1999 and employ over 60 professional people. Our activities are divided in five cooperating business units: Forensics & Audits, Projects, Crypto, Training and Managed Security Services. For more information please see www.fox-it.com.

Fore more information about Aruba Bank see www.arubabank.com.

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, jbinstatvasco.com
Dominique de Gast, +31 15 2847940, [email protected]