VASCO releases enhanced version of MYDIGIPASS.COM platform

Mon Mar 4, 2013 3:00am EST

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OAKBROOK TERRACE, Ill.  and  ZURICH,  March 4, 2013  /PRNewswire/ -- VASCO Data
Security International, Inc. (Nasdaq: VDSI) (, a leading software
security company specializing in strong authentication products and services
launches today an enhanced version of its  MYDIGIPASS.COM  authentication
platform for consumers with a more attractive design, additional innovative
features and a new go-to-market strategy.  

MYDIGIPASS.COM is VASCO's hosted consumer authentication platform in the cloud.
The platform combines high-level security with ultimate user convenience.
Website owners can integrate strong authentication using DIGIPASS®  one-time
passwords to secure access to their services and content. Consumers can download
a free DIGIPASS to securely log on to tens of thousands of B-to-B and B-to-C web
applications through MYDIGIPASS.COM. MYDIGIPASS.COM facilitates password
management and enables end-users to manage their online credentials in one
trusted place.

Technological innovations and revamped design

The new release of the MYDIGIPASS.COM authentication platform boasts an even
more consumer friendly and attractive lay out and a tweaked sign up flow. The
activation process has been improved based on user feedback and simplifies
account creation. Furthermore, VASCO introduces a password vault enabling
consumers to store all their passwords in an encrypted manner instead of having
to write them down or keep them in a spread sheet or Word doc. Passwords will be
securely stored and can only be accessed using the combination of the consumer's
PIN and his one-time password generated by DIGIPASS.

Additionally, VASCO introduces the concept of localized and branded launch pads.
It will become the preferred way of communicating with the consumer for VASCO,
ASPs and banks. Thanks to branding and localization it will be possible to offer
end-users pre-defined launch pads based on their country, bank, employer,
internet preferences and more.

Furthermore, VASCO has perfected the login flow for the MYDIGIPASS.COM mobile
app. With the refined flow, consumers can log on to the platform directly from
the MDP mobile app on their smart phone or tablet by simply entering their PIN
code. In the background, MYDIGIPASS.COM will generate a one-time password based
upon the user's unique PIN code and user name. Consumers can log on to
MYDIGIPASS.COM from their laptop, PC or tablet by scanning a QR code with the
DIGIPASS for Mobile application in order to get easy and instant access to every
application that resides on the platform

Based on market demand, VASCO will continue to extend its offering in the near
future using its longstanding expertise with services such as transaction
signing, document signing and time stamping, user profiling and analysis and

Three-pronged go-to-market approach

In order to further contribute to MYDIGIPASS.COM's success story and to attract
consumers, VASCO has fine-tuned its go-to-market strategy. The company will
follow a 3-pronged approach focusing on three different target groups.

The first approach focuses on financial institutions and organizations through
VASCO's DIGIPASS+ program. DIGIPASS+ stands for a second DIGIPASS profile which
is embedded within the bank's hard- or software DIGIPASS authenticators. The
first DIGIPASS profile will be used to secure the bank's online transactions.
The second profile can then be used for third-party applications on the
organization's branded MYDIGIPASS.COM platform. Organizations that join VASCO's
DIGIPASS+ program differentiate themselves by delivering an extra service to
their account holders by bringing banking level security to their customers'
favorite websites.  Furthermore, they can create an additional revenue stream by
attracting customers to join the DIGIPASS+ program. Banks that join the program
will receive a 20% fee commission.

The second approach is directed towards the application service providers (ASPs)
and website owners in general. VASCO will boost its actions regarding ASPs via a
dedicated MYDIGIPASS.COM sales team. ASPs or website owners who sign up their
customers on the MYDIGIPASS.COM platform will also receive a commission.

With the third approach VASCO will focus directly on the consumer market. The
company is currently developing numerous marketing actions that will push
consumers towards MYDIGIPASS.COM.  

"This new release of MYDIGIPASS.COM is an important next step in the maturing of
our authentication platform," states  T. Kendall Hunt, VASCO's Chairman and CEO.
"As a security company, we want to provide a services offering with an excellent
balance between security and e user convenience. With this new release, we have
incorporated feedback from customers and consumers in order to achieve our goal
of enhancing the overall user experience of our MYDIGIPASS.COM platform.
Furthermore, this new release continues to extend our services offering with new
innovations such as password vaults and personalized and branded launch pads to
turn MYDIGIPASS.COM in the authentication platform of choice for ASPs, banks and
consumers alike."

About VASCO:
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

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,

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

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SOURCE  VASCO Data Security International, Inc.

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