VASCO SEAL announces new e-learning course for latest IDENTIKEY Server 3.3

rnOAKBROOK TERRACE, Illinois and ZURICH, Switzerland – December 15, 2011 - VASCO Data Security International, Inc. (Nasdaq: VDSI) (www.vasco.com), a leading software security company specializing in authentication products, presents its IDENTIKEY 3.3 Essentials training via e-learning on the SEAL platform. This method is now available for VASCO’s Certified Engineers (VCEs), altogether for more than 1,000 people.
rnSEAL is VASCO’s worldwide community of security professionals. The SEAL training offering consists of general IT security topics and VASCO product trainings. Through classroom training and the latest e-learning, VASCO SEAL allows a Certified Engineer to stay up-to-date on the latest security trends, develop new skills in IT security and get access to a community with an extensive IT security knowledge base.
rnVASCO’s products are used worldwide. Customers have to rely on the company for updates and support. However, VASCO recognizes the importance of local embedding. Therefore, local engineers are schooled to acquire a VASCO Certified Engineer certificate, in order to implement VASCO’s solutions and provide adequate and thorough support on a local scale. Yet, VCEs live in all the four corners of the globe. On that account, VASCO decided to provide the IDENTIKEY Server 3.3 Essentials course also via e-learning, thereby avoiding large expenses and long travel hours.
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rnIDENTIKEY 3.3 is the latest update of VASCO’s authentication server for strong user authentication and e-signature validation. Moreover, this version is compliant with the PCI DSS regulations. The Payment Card Industry Data Security Standard is a worldwide standard charged by large credit card companies. To acquaint VASCO’s VCEs with this new software, classroom trainings are replaced by a money and time saving e-learning module.
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rnThe advantages of e-learning are manifold. First of all, its flexibility is appreciated. Learners from all over the world can attend the course whenever and wherever they want, 24/7. An even more important benefit is the module-based structure. A learner can deal with the information at his or her own pace. The system allows the learner to skip or repeat subject matters. Particularly the latter is interesting with an eye to the examination at the end of the course, to prove that one is fully qualified to acquire VASCO’s certification. This e-learning module is now available and already in use for every engineer that has already obtained a valid certification earlier.
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rn“Since we are an international company, it was an obvious decision to provide IDENTIKEY 3.3 Essentials in an e-learning module. It is efficient and time-saving, not only for VASCO, but also for the Certified Engineers we are proud to have all over the world,” says Jan Valcke, President and COO at VASCO Data Security. “We believe that this e-learning module is a rich, personalized and repeatable experience process.”
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rnAbout VASCO
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rnVASCO 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 a 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.
rnForward Looking Statements:
rnThis press release contains forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934 and Section 27A of the Securities Act of 1933. Such forward-looking statements are subject to certain risks, uncertainties and assumptions and include, among other things, our expectations regarding the DigiNotar bankruptcy process, the impairment of our investment in DigiNotar, the timeframe in which the impairment costs will be incurred, our ability to recover amounts held in escrow, our ability to offset amounts that may be owed to DigiNotar by other VASCO affiliates against amounts owed to VASCO affiliates by DigiNotar, and our ability to effectively integrate certain intellectual property assets previously used by DigiNotar into our operations, as well as the prospects of, and developments and business strategies for, VASCO and our operations, including the development and marketing of certain new products and the anticipated future growth in certain markets in which we currently market and sell our products or anticipate selling and marketing our products in the future. 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”, “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. Although VASCO believes that our expectations are reasonable, we can give no assurance that these expectations will prove to be correct. 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. Factors that could cause actual results to differ materially from those contemplated above include, among others, unanticipated costs associated with DigiNotar’s bankruptcy or potential claims that may arise in connection with the hacking incidents at DigiNotar. Additional risks, uncertainties and other factors have been described in greater detail in our Annual Report on Form 10-K for the year ended December 31, 2010 and include, but are not limited to, (a) risks of general market conditions, including currency fluctuations and the uncertainties resulting from turmoil in world economic and financial markets, (b) risks inherent to the computer and network security industry, including rapidly changing technology, evolving industry standards, increasingly sophisticated hacking attempts, 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. Thus, the results that we actually achieve may differ materially from any anticipated results included in, or implied by these statements. Except for our ongoing obligations to disclose material information as required by the U.S. federal securities laws, we do not have any obligations or intention to release publicly any revisions to any forward-looking statements to reflect events or circumstances in the future or to reflect the occurrence of unanticipated events.
rnThis document may contain trademarks of VASCO Data Security International, Inc. and its subsidiaries, including VASCO, the VASCO “V” design, DIGIPASS, VACMAN, aXsGUARD and IDENTIKEY.
rnFor more information contact:
rnJochem Binst, +32 2 609 97 00, [email protected]
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