February 25, 2008

OAKBROOK TERRACE, Ill., and ZURICH, Switzerland, February 25, 2008 - VASCO Data Security International, Inc. (Nasdaq: VDSI) (www.vasco.com ), a leading software security company specializing in authentication products, today announced that it has signed a distribution agreement with Audema, a Spanish wholesaler in solutions for communication networks and security. Together with Audema, VASCO broadens the reach of its strong authentication products in Spain.

Audema will distribute VASCO’s entire product range from VACMAN Middleware and Digipass to aXs Guard, focussing specifically on the enterprise security market. VASCO’s best-of-breed authentication products offer tailor-made solutions for SME’s as well as for large companies. Ranging from out-of-the-box solutions such as the Digipass Packs to aXs Guard stand-alone authentication and internet security appliances, VASCO has brought banking-level security to the enterprise security market, making strong authentication available for any company, regardless its size.

“We believe that the combination of VASCO's authentication technology and Audema’s network will bring strong authentication within every company’s reach,” said Jan Valcke. "Every organization faces security threats, which need to be addressed to counter information and identity theft, hacking and online fraud. Together with Audema, we offer flexible, effective and affordable solutions to meet the authentication needs for these enterprises”.

“With the signing of the agreement with VASCO, Audema shows its dedication to the authentication market through a manufacturer with a leading position,” Borja Moreno, CEO of Audema, continues. “VASCO’s strong authentication and e-signature solutions and services will support our strategy directed to big accounts”.

Audema and VASCO will be jointly present at SITI/asLAN’s trade show, specialized in networks, and convergence technologies in Madrid, Spain, which takes place from February 26 until February 28.
By participating in SITI/ asLAN with Audema, VASCO heightens its visibility and brand recognition with the local resellers’ network.
Resellers in Spain, interested in becoming a VASCO partner, can contact Audema for more information at www.audema.net .

About VASCO: VASCO is a leading supplier of strong authentication and e-signature solutions and services specializing in Internet Security applications and transactions. VASCO has positioned itself as a global software company for Internet Security serving a customer base of close to 6,500 companies in more than 100 countries, including approximately 1000 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 2609 97 00, [email protected]