Swedbank Uses VASCO in Sweden and Baltic States

VASCO to Secure 1.25 million Swedbank Customers; Deal Includes VACMAN Controller, Digipass 260 and Digipass 300 Comfort OAKBROOK TERRACE, Ill. and ZURICH, Switzerland, March 5/PRNewswire-FirstCall/ -- VASCO Data Security International, Inc. (Nasdaq:VDSI) (http://www.vasco.com), the leading software security companyspecializing in authentication products, today announced that Swedbank(http://www.swedbank.com) has signed a two-year contract with VASCO.Swedbank will secure over 1.25 million retail customers in Sweden and theBaltic States with VASCO's Digipass 260 and Digipass 300 Comfort. Swedbank's retail customers use VASCO's Digipass for challenge/responseat user identification and digital signatures. Digipass 260 is aPIN-protected and versatile client authenticator that can be used anywhereand anytime. In order to offer its visually impaired the same level ofsecurity as the rest of its customer base, Swedbank has opted for Digipass300 Comfort, a desk-model Digipass with a large lcd-screen and largerbuttons. Digipass 300 Comfort and Digipass 260 share the samefunctionalities, including e-signature. Swedbank is the leading bank in Sweden, Estonia, Latvia and Lithuania,offering a full range of easy-to-use and competitively priced financialservices for private individuals, corporates and organisations. Outside itshome markets, Swedbank operates in Denmark, Finland, Norway, WesternRussia, Luxembourg, Ukraine, US, China and Japan. "We opted for VASCO because of their product offering forauthentication and their broad experience and knowledge in this area," saidChrister Cragnell, CIO of Swedbank Group. "Customer service is of theutmost importance to Swedbank. By partnering with VASCO, we'll be able tosecure our customers' assets in a flexible and cost effective way." "We are proud that Swedbank partnered with VASCO," said Jan Valcke,VASCO's President and COO. "Over the next two years, we will work closelytogether with our customer in order to offer their customers user friendly,accessible and secure e-banking applications." About VASCO: VASCO is a leading supplier of strong authentication ande-signature solutions and services specializing in Internet Securityapplications and transactions. VASCO has positioned itself as a globalsoftware company for Internet Security serving a customer base of close to6,500 companies in more than 100 countries, including approximately 1000international financial institutions. VASCO's prime markets are thefinancial sector, enterprise security, e-commerce and e-government About Swedbank: Swedbank has 9 million retail customers and 500,000corporate customers with more than 470 branches in Sweden, 290 branches inthe Baltic countries and another 190 branches in Ukraine. The group is alsopresent in Copenhagen, Helsinki, Kaliningrad, Luxembourg, Marbella, Moscow,New York, Oslo, Shanghai, St. Petersburg and Tokyo. As of December 2006 thegroup had total assets of SEK 1,400 billion and approximately 17,000employees. Forward Looking Statements Statements made in this news release that relate to future plans,events or performances are forward-looking statements. Any statementcontaining words such as "believes," "anticipates," "plans," "expects," andsimilar words, is forward-looking, and these statements involve risks anduncertainties and are based on current expectations. Consequently, actualresults could differ materially from the expectations expressed in theseforward-looking statements. Reference is made to the Company's public filings with the USSecurities and Exchange Commission for further information regarding theCompany and its operations. For more information contact: Jochem Binst, +32 2 609 97 00, jbinst@vasco.com

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