New version of DIGIPASS for Mobile combines excellent user convenience with enhanced security

OAKBROOK TERRACE, Illinois and ZURICH, Switzerland – September 19, 2012 - VASCO Data Security International, Inc. (Nasdaq: VDSI) (www.vasco.com), a leading software security company specializing in strong authentication products and services, launches today a new version of DIGIPASS for Mobile. DIGIPASS for Mobile 4.0 offers an enhanced user experience through the use of QR codes and more enhanced provisioning and deployment options. With the launch of DIGIPASS for Mobile 4.0 VASCO reinforces its commitment in providing banks and enterprises with innovative security solutions that gain a widespread high end-user acceptance.

Banks, financial institutions and corporations worldwide increasingly offer online and mobile applications to their customer base in order to keep up with customer demand and the fast-paced Internet community. These applications however, are increasingly being targeted by fraudsters trying to compromise information and transactions for their own financial gain. DIGIPASS for Mobile 4.0 addresses these challenges, providing banks and enterprises with a high-end security solution to secure online access and transactions.

DIGIPASS for Mobile 4.0 provides two-factor authentication with one-time passwords and e-signature functionality to address security risks associated with online and mobile applications. New is that the application is bound to device-dependent components and linked to the user with a PIN code, preventing the application from being duplicated on another phone or mobile device. The new version also offers enhanced provisioning and even provides provisioning options for software DIGIPASS using HSM server side implementation. Furthermore, the application supports eight different crypto-applications, allowing an extended use in different settings such as IVR, online connections, signatures, offline transactions etc.

User-convenience is also greatly enhanced as DIGIPASS for Mobile 4.0 supports QR-codes. Users simply capture the QR code, enter their PIN code and are instantly logged on to the application. Document or transaction signing is equally simple. Users capture the QR code, verify the summary displayed by DIGIPASS for Mobile on their device and validate the transaction by entering their PIN code. DIGIPASS for Mobile will generate an e-signature that is automatically sent to the requesting server.

Deployment options have been extended in this version. Besides the traditional online or off-line deployment modes, DIGIPASS for Mobile 4.0 offers a third option using QR codes. The DIGIPASS application can now be activated in an instant without any additional manual input by just capturing the QR code. Customers willing to outsource the provisioning can make use of VASCO’s operated DIGIPASS as a Service Provisioning Service.

The application is fully customizable based on customers’ individual requirements and comes with a complete set of tools allowing customers to publish their own company branded application on common application stores.

“With the expansion of online and mobile applications that are accessible from a whole range of portable devices, security becomes once more a hot topic”, says Jan Valcke, President and COO of VASCO Data Security. “In order to meet end-users’ demands for a more secure and overall more convenient user experience, VASCO has launched its new version of DIGIPASS for Mobile with an enhanced user experience thanks to the use of QR codes.”

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 global software company for Internet Security serving a customer base of approximately 10,000 companies in more than 100 countries, including over 1,700 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. These forward-looking statements (1) are identified by use of terms and phrases such as “expect”, “believe”, “will”, “anticipate”, “emerging”, “intend”, “plan”, “could”, “may”, “estimate”, “should”, “objective” and “goal”, “possible”, “potential”, and similar words and expressions, but such words and phrases are not the exclusive means of identifying them, and (2) are subject to risks and uncertainties and represent our present expectations or beliefs concerning future events. VASCO cautions that the forward-looking statements are qualified by important factors that could cause actual results to differ materially from those in the forward-looking statements. These risks, uncertainties and other factors have been described in greater detail in the Annual Report on Form 10-K for the fiscal year ended December 31, 2011 filed with the Securities and Exchange Commission and include, but are not limited to, (a) risks of general market conditions, including currency fluctuations and the uncertainties in world economic and financial markets, (b) risks inherent to the computer and network security industry, including rapidly changing technology, evolving industry standards, increasing numbers of patent infringement claims, changes in customer requirements, price competitive bidding, and changing government regulations, and (c) risks specific to VASCO, including, demand for our products and services, competition from more established firms and others, pressures on price levels and our historical dependence on relatively few products, certain suppliers and certain key customers. Reference is made to VASCO's public filings with the U.S. Securities and Exchange Commission for further information regarding VASCO and its operations.
This document may contain trademarks of VASCO Data Security International, Inc. and its subsidiaries, including VASCO, the VASCO “V” design, DIGIPASS, VACMAN, aXsGUARD and IDENTIKEY.