VASCO and AET join forces and rally their knowledge into a concerted PKI product
OAKBROOK TERRACE, Ill., and ZURICH, Switzerland, June 12, 2013 - VASCO Data Security International, Inc. (Nasdaq: VDSI; www.vasco.com), a leading software security company specializing in authentication products, announces that it joins forces with the Dutch company A.E.T. Europe B.V.; (AET), market leader in strong authentication with cryptographic tokens and Digital ID Management, to approach the market with a concerted product.
The Dutch company AET, headquartered in Arnhem and founded in 1998, is committed to IT security. AET offers its customers ingenious solutions based on worldwide accepted standards for e-commerce and information security, by developing cryptographic middleware and card management systems. The company is particularly specialized in PKI (Public Key Infrastructure) products.
AET’s PKI technology, SafeSign Identity Client, will be integrated into VASCO’s DIGIPASS Key product line. The SafeSign IC middleware is designed to integrate digital signature tokens into numerous certificate-enabled applications in order to provide secure two-factor authentication on all major platforms. The combination of SafeSign IC middleware with DIGIPASS KEY enables pre-boot authentication with third party software solutions while offering all benefits of certificate-based authentication with the simplicity and portability of a built-in USB reader.
In general, a computer’s booting system is protected by a static password during the pre-boot. However, DIGIPASS KEY with AET’s middleware can offer more security thanks to PKI technology with certificates, offering full disk encryption of temporary files and outside the operating system level.
This partnership will be offered in different markets and regions worldwide, hence broadening and strengthening AET’s and VASCO’s position in the market. As of June, enterprises and banks can opt for this joint technology for document signing, encrypting and signing e-mails or two-factor authentication.
“A partnership between VASCO and AET was just self-evident, because VASCO and AET are so complementary.” explains Reinoud Weijman, CEO of AET. “AET is strong in large scale PKI deployments, while VASCO is strong in large scale OTP deployments. We have known each other for years and we are happy that we can work together in this joint project. I truly believe that this partnership between VASCO and AET can reinforce the technology and solutions we bring to the authentication market.”
“AET and VASCO have worked together for quite some time, so it was indeed the logical next step as both companies are specialized in authentication,” says Jan Valcke, COO and president of VASCO Data Security. “We are looking forward to target the market with this joint technology and we are sure that enterprises and banks will be happy to secure their critical data even more with the PKI technology.”
VASCO will be present at the CIAB tradeshow at Transamérica Expo Center in São Paulo, Brazil, booth F21.
The Dutch company A.E.T. Europe B.V. (AET), headquartered in Arnhem and founded in 1998, is committed to IT security. AET offers its customers ingenious solutions based on worldwide accepted standards for e-commerce and information security. AET is setting new standards in the crucial business area of developing middleware for smart cards and USB tokens with its SafeSign Identity Client. Another of AET’s bestsellers its BlueX Digital ID Management. This well-known and adaptable system supports the simplification and automation of individual steps for the digital ID management process.
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 approximately 1,700 international financial institutions. VASCO’s prime markets are the financial sector, enterprise security, e-commerce and e-government. VASCO’s products and services are delivered on the customers’ premises or in the cloud.
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, 2010 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.
For more information contact: Jochem Binst, +32 2 609 97 00, [email protected]
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