VDK Spaarbank (Belgium) Selects Digipass 810 for Retail Banking and E-Commerce

VDK Spaarbank's Entire Online Customer Bases Protected with Digipass; VASCO's Digipass will be used for online banking as well as for e-commerce

OAKBROOK TERRACE, Ill. and BRUSSELS, Belgium, Nov. 14 -- VASCO Data Security International, Inc. ( www.vasco.com/ ) (NASDAQ:VDSI), the global number one vendor of strong user authentication and e-signature products, today announced that Belgian bank VDK Spaarbank (VDK Savings Bank - www.vdk.be/) will distribute VASCO's Digipass 810 Unconnected Smart Card Reader to all its online users. VDK Spaarbank's e-customers will use Digipass 810 in conjunction with the VDK debit smart card for e-banking and e-commerce.

VDK Spaarbank is a medium sized bank in Flanders-Belgium, providing all round services from about 100 offices. VDK Spaarbank is among the pioneer banks to participate in the e-commerce project of Banksys, which allows payment by debit smart cards for online purchases. To pay online, the customer needs his debit card, the card number, the expiration date of the debit card and his Digipass to identify himself. A growing number of Belgian e-commerce websites use this online payment system.

Digipass 810, or VDK-Card Reader as the product is baptized by VDK Spaarbank, is a trustworthy unconnected Personal Card Reader designed to be used for non-face-to-face strong authentication in internet banking. Digipass 810's unique selling points are its extra low total cost of ownership and its extreme reliability. Learn more about Digipass 810 at www.vasco.com/products/product.html?product=59 .

"We opted for VASCO because of its great price/performance ratio and the excellent guidance we received during our decision process," said Marc De Winne, IT Director of VDK Spaarbank. "Digipass 810 or VDK-Card Reader is the ideal security solution for our online@vdk-application as it is robust combined with a superior design."

"We welcome VDK Spaarbank as a customer," said Jan Valcke, VASCO's President and COO. "VDK Spaarbank proves that banks of all sizes can easily integrate VASCO's Digipass security solutions. Together with VASCO's Digipass, VDK Spaarbank can offer its customers fully secure online banking and e- commerce applications."

About VASCO: VASCO designs, develops, markets and supports patented user authentication products for the financial world, remote access, e-business and e-commerce. VASCO's user authentication software is delivered via its Digipass hardware and software security products. With over 28 million Digipass products sold and delivered, VASCO has established itself as a world- leader for strong User Authentication with over 550 international financial institutions and approximately 3,300 blue-chip corporations and governments located in more than 100 countries.

For more information contact:
Jochem Binst
+32 2 609 97 00

Source: VASCO Data Security International, Inc.

Web site: www.vasco.com/

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