VASCO, InfoCert and Intel

Milan, 13 December 2012 - VASCO Data Security International, Inc. (Nasdaq: VDSI) (www.vasco.com), Intel Corporation Italy and InfoCert S.p.A., sign a Memorandum of Understanding for a future collaboration that aims at enhancing users’ authentication forms in Italy. More specifically they join their forces and put together their expertise to better protect the access to InfoCert’s registered e-mail service Legalmail with MYDIGIPASS.COM.

MYDIGIPASS.COM is VASCO’s hosted consumer authentication tool that provides users with convenient and secure access to their favorite applications, through a single and secure platform. Access to Legalmail – the InfoCert cloud service of registered e-mails, attested with date, time and the assurance that the e-mail is received by the recipient - will be extended to support MYDIGIPASS.COM, thus offering end users a different choice for authentication modes to log on.

MYDIGIPASS.COM natively supports Intel® Identity Protection Technology (Intel® IPT), embedded in all second and third generation Intel® Core™ processor based Ultrabooks™. Intel® IPT offers a simple, tamper resistant solution for protecting data from fraud or threats and can, indeed, be a key component in two factor authentication solutions such as Legalmail.

Integrating MYDIGIPASS.COM yields several benefits for InfoCert, whose customers principally consist of companies, enterprises, associations, government and professionals, representing altogether around 900,000 e-mail boxes. End users will not need any more assistance related to the requirements of new user credential or password changes. Furthermore, user convenience increases as users can choose between different manners of authentication. In closing, an extra layer of security is added as MYDIGIPASS.COM generates ever-changing one-time passwords that cannot be intercepted and stored for later use.

“VASCO, Intel and InfoCert join forces to secure the Italian Internet with MYDIGIPASS.COM. By implementing MYDIGIPASS.COM, InfoCert proves to be a global trendsetter that is constantly looking for improvement and increased security,” says Jan Valcke, President and COO at VASCO Data Security. “InfoCert plans to add at least 100,000 activated users – more than 10% of their current customer base - to the MYDIGIPASS.COM community in 2013.”

“The testing phase of VASCO’s MYDIGIPASS.COM ran on several Intel based Ultrabooks™ – comments Alberto Fabiani, Software & Corporate Resellers Regional Business Manager, Intel Italy & Switzerland -, showed different improvements, both in terms of security levels and simpler user experience. These results acquire a greater importance if we consider that last year nearly one in four (22%)* companies suffered a security breach and 21% faced problems with regards to security of mobile devices. Moreover, another aspect not to be underestimated, we should remember how online customers tend to “recycle” passwords, even when transferring sensitive data.”

“This agreement shows the InfoCert aim to keep enhancing and developing the security components and underlines the attention to customer experience that distinguishes Legalmail family products - says Danilo Cattaneo, CEO of InfoCert. It is an attitude that has always marked us, and that the market has rewarded, as shown by the amplitude and the steady growth of our customer base. Cooperating with prestigious partners such as VASCO and Intel, is a guarantee of success and the best way to achieve our goals.”

InfoCert S.p.A. is the first Certification Authority for the digital signature in Italy, and a market leader for electronic documents storage with legal value and for certified electronic mail services. InfoCert S.p.A. designs and develops high technological solutions for the dematerialization of the documental processes of companies, enterprises, associations, government and professionals. With a 25,292,700.00 € registered capital, InfoCert provides services for: certified electronic mail (Legalmail); certification and digital security (LegalCert); long term archiving with full legal value (LegalDoc); document management (LegalCycle); electronic management and archiving by law of HR data“Libro Unico del Lavoro” (LegalHR); digital management of protocol logs, document flows, processes and resolutions of Public Administrations (LegalWork) and, finally, efficient and secure management of electronic forms (LegalForm). InfoCert is 100% shareholder of Klever, an IT consulting firm focused on providing Enterprise Content Management (ECM), and 25% shareholder of Sixtema, the IT partner for the craft sector and SMEs in the CNA (National Craft Confederation) world.

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.

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.Intel (NASDAQ: INTC) is a world leader in computing innovation. The company designs and builds the essential technologies that serve as the foundation for the world’s computing devices. Additional information about Intel is available at newsroom.intel.comand blogs.intel.com.

Intel, Atom and the Intel logo are trademarks of Intel Corporation in the United States and other countries. Intel Inside is a trademark of Intel Corporation in the U.S. and/or other countries.*Other names and brands may be claimed as the property of others.