NW_20080303_en_VASCO Wins European Seal of e-Excellence in Platinum Category

March 3, 2008

OAKBROOK TERRACE, Ill., and ZURICH, Switzerland, March 03, 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 won the European Seal of e-Excellence in the highest – Platinum – category.

The European Seal of E-Excellence rewards ICT & digital media companies with an excellent track record in innovation marketing. The European Seal of E-Excellence is bestowed annually by the EMF (European Multimedia Forum) and its national and regional partner associations (see: www.e-multimedia.org/associations ). A jury appointed by the Seal co-organizers selects the winners on the basis of an open application process and a consensus decision founded on two key criteria:
- innovativeness of the products / services
- excellence in the (international) marketing of the products / services

The Seal has been organized since 2003 with an average of 35 winners per year, in three categories: platinum, gold and silver. The Seal’s yearly highlight is the Award Ceremony organised at the occasion of CeBIT, Europe’s largest IT Fair.
Past winners have included Alcatel Space, Amadeus, Brainstorm Multimedia, EVS, Navicore, Nokia, OpenBC, Strato, Young Digital Planet, Zanox and many more.

For more information: www.seal-of-excellence.org

Dr. Margaretha Mazura, Secretary General of the European Multimedia Forum, declared: “Amongst our Platinum Seal winners, we are particularly happy to distinguish VASCO Data Security, that has won world-acclaim and global success offering authentication and e-security solutions to 6,500 companies world-wide, primarily in the financial sector. Vasco is a true European success case!”

“We are honoured to win the prestigious European Seal of e-Excellence in the Platinum category,” said Jan Valcke, VASCO’s President & COO. “We see it as a recognition for VASCO's sustained business success and of our creative market approach. The European financial sector has been instrumental in VASCO's succes. Indeed, the first European banks started using our strong authentication solutions in the early Nineties of last century. Currently, VASCO secures approximately 6,500 companies in 110 countries against e-fraud. The fact that our success originated in Europe, adds another dimension to being a European Seal of E-excellence laureate."

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]