NW_20070523_en_Orbit 2007_ VASCO Awards PostFinance for Its Visionary Approach of Swiss E-Banking Market

May 23, 2007

ZURICH, SWITZERLAND - May 23, 2007 - VASCO Data Security International, Inc. (www.vasco.com) (Nasdaq: VDSI), the leading software security company specializing in authentication products , today announced that it has awarded PostFinance (www.postfinance.ch) with VASCO’s Market Vision Award. The award consists of a bronze sculpture by the Belgian artist Inge Dewilde.

In order to honour the bank’s focus on innovation and its visionary approach of security in an e-banking environment, VASCO will organize an award ceremony at the Orbit trade show in Zurich (Switzerland). The event is organized in close cooperation with Ergonomics, VASCO’s trusted Swiss banking partner.

PostFinance is the first finance institute in Switzerland to offer different types of VASCO’s Digipass Card Readers to different types of end-users. In PostFinance’s yellownet e-finance application, VASCO’s Digipass 810, and Digipass 805 are used. VASCO and PostFinance are also distributing a device for the blind and visually impaired.

About VASCO: VASCO is the number one supplier of strong authentication and e-signature solutions and services. VASCO has established itself as the world’s leading software company specialized in Internet Security, with a customer base of over 4,800 companies in more than 100 countries, including close to 750 international financial institutions. VASCO’s prime markets are the financial sector, enterprise security, e-commerce and e-government.

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 2 609 97 40, [email protected]