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News Release
| November 15, 1999
NW_19991115_en_VASCO's Intellisoft Division Joins Entrust Technologies' Partner Program

CSI 26th Annual Conference, WASHINGTON, DC – November 15, 1999 – Continuing its aggressive expansion into the e-security marketplace, the IntelliSoft division of VASCO Data Security International, Inc. (OTCBB: VDSI.OB, Booth 2138) announced today that it has joined the Alliance Developer Program of Entrust Technologies (Nasdaq: ENTU, Booth 207). The IntelliSoft division is responsible for SnareWorks™, VASCO’s family of enterprise security solutions. The first member of the SnareWorks product line to be certified Entrust Ready™ is the SnareWorks Client/VPN.

News Release
| October 29, 1999
NW_19991029_VASCO Data Security Reports Third Quarter Results

OAKBROOK TERRACE, ILLINOIS, October 21, 1999 -- VASCO Data Security International, Inc. (OTC BB: VDSI.OB) today announced its consolidated financial results for its third quarter ended September 30, 1999. Revenues for the quarter increased 16% to $4,653,000 as compared to $4,025,000 for the third quarter of 1998. Total revenue for the nine months ended September 30, 1999 increased 29% to $13,412,000, as compared to $10,432,000 for the first nine months of 1998.

News Release
| October 7, 1999
NW_19991007_en_VASCO Makes Security Work in the E-security Marketplace by Acquiring Intellisoft Corp

OAKBROOK TERRACE, IL and BRUSSELS, BELGIUM – October 7, 1999 – In another major move since receiving equity financing earlier this year, VASCO Data Security International, Inc. (OTCBB: VDSI.OB) announced today that it has acquired IntelliSoft Corporation (www.isoft.com), a privately held security company based in Acton, Massachusetts. Financial terms of the acquisition were not disclosed.

News Release
| September 28, 1999
NW_19990928_en_VASCO Lowers Total Cost of Ownership for Network Security with Introduction of VACMAN Optimum

OAKBROOK TERRACE, IL, and BRUSSELS, BELGIUM – (September 28, 1999) – Responding to the needs of today’s businesses to provide secure remote access while controlling costs, VASCO Data Security International, Inc. (OTCBB: VDSI.OB) announced today that it has released VACMAN® Optimum. For the first time, network and security administrators can now take control over every aspect of their strong user authentication infrastructure.


VACMAN Optimum makes it possible for companies to:

News Release
| August 4, 1999
NW_19990804_VASCO Data Security Announces Second Quarter Results

OAKBROOK TERRACE, ILLINOIS and BRUSSELS, BELGIUM – August 4, 1999 – VASCO Data Security International, Inc. (OTCBB: VDSI) today announced its consolidated financial results for its second quarter ended June 30, 1999. Revenues for the quarter increased 26% to $4,451,000, up from $3,525,000 for the second quarter of 1998. Total revenue for the six months ended June 30, 1999, increased 46% to $8,759,000, up from $6,138,000 over the same period of 1998.