OAKBROOK TERRACE, Ill., and BRUSSELS, Belgium, Nov. 17
/PRNewswire-FirstCall/ -- VASCO Data Security, Inc. (Nasdaq: VDSI)
( http://www.vasco.com ), the global number one vendor of strong user
authentication products to the financial sector, today announced that it has
signed its 400th customer in the financial sector. Leading British bank
Lloyds TSB ( http://www.lloydstsb.com ) is trialling VASCO's Digipass GO 3
with 30,000 online banking customers as part of the Lloyds TSB BankSecure
initiative.
"The Lloyds TSB trial of Digipass strong authentication with online
banking customers is the largest of its type in the UK," said Jan Valcke,
VASCO's President and COO. "VASCO is proud that Lloyds TSB has chosen its
Digipass product for this trial. We are convinced that the Lloyds TSB
BankSecure initiative will prove to be an overwhelming success."
Mathew Timms, Internet and ATM director, Lloyds TSB said: "Fraudsters are
becoming increasingly cunning with their tactics, and there's no hiding the
fact that fraud is on the increase. The trial of the Digipass is one of a
number of security initiatives we are introducing to address the concerns of
customers and stay ahead in the battle against online fraudsters."
Timms continued, "We opted for VASCO because of the vendor's proven track
record in the financial sector. Digipass GO3 is an easy to use and highly
secure product that will help us protect our customers against phishing and
other fraud schemes."
About VASCO: VASCO designs, develops, markets and supports patented user
authentication products for the financial world, remote access, e-business and
e-commerce. VASCO's user authentication software is delivered via its
Digipass hardware and software security products. With over 18 million
Digipass products sold and delivered, VASCO has established itself as a world-
leader for strong User Authentication with over 420 international financial
institutions and approximately 2,100 blue-chip corporations and governments
located in more than 100 countries.
Forward-Looking Statements
Statements made in this news release that relate to future plans, events
or performances are forward-looking statements. Any statement containing words
such as "believes," "anticipates," "plans," "expects," and similar words, is
forward-looking, and these statements involve risks and uncertainties and are
based on current expectations. Consequently, actual results could differ
materially from the expectations expressed in these forward-looking
statements.
Reference is made to the Company's public filings with the US Securities
and Exchange Commission for further information regarding the Company and its
operations.
For more information contact:
Jochem Binst, +32 2 456 9810, jbinst@vasco.com
SOURCE VASCO Data Security, Inc.
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Related links:
http://www.vasco.com
http://www.lloydstsb.com
CONTACT:
Jochem Binst of VASCO Data Security, Inc.,
+32 2 456 9810, jbinst@vasco.com
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