NW_20080902_en_VASCO Data Security makes Digipass 810 available to Asian markets
OAKBROOK TERRACE, Ill., and ZURICH, Switzerland, September 2, 2008 - VASCO Data Security International, Inc. (Nasdaq: VDSI) (www.vasco.com ), the leading software security company specializing in authentication products, today announces the launch of Digipass 810 for the Asian markets. VASCO’s popular Smart Card CAP reader has been upgraded and redesigned for the Asian markets, accommodating Asian character sets. The display of Digipass 810 has been redesigned and supports all Asian Character sets as long as they can be represented in a 80X14 dot matrix line. This way VASCO enables its Asian retail banking customers to offer their end-users a stand alone EMV-CAP E compliant card reader with e-signature capability.
Digipass 810 auto-initializes when the user inserts its smartcard and enters his PIN for two-factor authentication. Each time the user enters his PIN, a one-time password (OTP) will be generated and displayed. The OTP is used by the end-user to authenticate himself when accessing the online banking application. This dynamic password can only be used once and will be verified by the bank. The verification of this OTP ensures the cardholder’s identity and will allow the user to make transactions. Next to OTP generation, Digipass 810 also enables e-signature capability, the ultimate weapon against man-in-the-middle attacks.
Digipass 810 builds upon VASCO’s VACMAN Controller technology for authentication. For electronic payments it can also be integrated into a 3D-Secure architecture, allowing cardholders to sign account data to complete online transactions.
Digipass 810 combines the security of a smart card with the flexibility of OTP-technology. It requires no personalization or installation, which facilitates distribution and user-friendliness for a large number of retail bank customers.
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 7,600 companies in more than 100 countries, including more than 1,150 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]