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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.