NW_20070913_en_VASCO Opens Sales and Support Office in Tokyo (Japan)

September 13, 2007

The Japanese market is of strategic importance for VASCO. The country is one of the world’s high-tech hubs, with a mature Internet banking channel, a high Internet penetration and a population of over 127 million people. VASCO recently won its first deals in the Japanese banking industry.

VASCO’s Tokyo office will be responsible for all sales and support in Japan. VASCO recently hired its first employees in Japan, and is continuously looking for new staff to support its growth.

“By opening an office in Tokyo, VASCO strongly reinforces its presence in Asia,” said Jan Valcke, VASCO’s President and COO. “We invest in the Japanese market because we are convinced that our strong authentication products can make the Internet a safer place for Japan’s citizens and companies.”

The complete contact address of VASCO’s Tokyo office is: The Imperial Hotel Tower 15F, 1-1-1 Uchisaiwaicho, Chiyoda-ku 100-0011 Tokyo.

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 5,300 companies in more than 100 countries, including close to 850 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 00, [email protected]