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Leading Italian Bank Banca Nazionale del Lavoro (BNL) to Use VASCO's Digipass GO3 for BNL direct channels application; Major breakthrough for VASCO in Italian Market; Actalis and VASCO to Join Forces and Offer Strong Authentication Solutions to Italian Banking and Governmental Sectors.

OAKBROOK TERRACE, Ill. and BRUSSELS, Belgium, March 23 /PRNewswire- FirstCall/ -- VASCO Data Security International, Inc. (, the global number one vendor of strong user authentication See authentication.  products to the financial sector, today announced that the leading Italian bank Banca Nazionale del Lavoro Banca Nazionale del Lavoro SpA is an Italian banking firm. Founded in 1913 as Istituto di Credito per la Cooperazione, it was nationalized in 1929. It was re-privatized and listed on the Milan Stock Exchange in 1998, before being acquired by French banking group BNP Paribas  (BNL BNL Brookhaven National Laboratory (Upton, NY)
BNL Bibliothèque Nationale de Luxembourg (French)
BNL Banca Nazionale del Lavoro
BNL Berkeley National Laboratory
BNL Bare Naked Ladies
) ( ) will use VASCO's Digipass GO3 strong authentication token A security device given to authorized users who keep them in their possession. To log into the network, the security "card" or "token" may be read directly like a credit card, or it may display a changing number that is typed in as a password.  to secure its customers' Internet and telephone banking transactions. Digipass GO3 is integrated in TrustAccess, the authentication and security service of VASCO's solution partner Actalis ( ). Actalis is a major provider of security services Security services are state institutions for the provision of intelligence, primarily of a strategic nature, but also including protective security intelligence. Examples include the Security Service (MI5) and the Secret Intelligence Service (MI6) in the United Kingdom, and the  to the Italian financial and governmental sectors.

BNL is one of the largest banking groups in Italy and ranks among the 100 largest banks worldwide. BNL direct channels retail banking application offers BNL customers the possibility to perform remote banking transactions. VASCO's Digipass will provide strong authentication of BNL's customers' Internet and phone banking exercises.

"Security and easy and quick of use are crucial for BNL. Our customers deserve the best solution available to rely on their bank when and wherever they want" said Lorenzo Marini, General Manager of BNL Direct Services. "Our account holders will be able to perform secure banking transactions without any changes to their PC, mobile phone or telephone."

"Actalis' security standards are very high," said Paolo Soru, CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board.  of Actalis. "Therefore, we decided to work together with VASCO, one of the best providers of strong user authentication tokens to the financial world. Together with VASCO, we plan to make Internet banking both secure and user friendly for every bank account holder in Italy."

"VASCO wants to congratulate BNL for its security awareness Security awareness is the knowledge and attitude members of an organization possess regarding the protection of the physical and, especially, information assets of that organization.  and its visionary approach towards the use of strong user authentication," said Jan Valcke, VASCO's President and COO. "We are convinced that the combination of BNL's vision and quality focus, Actalis' thorough knowledge of the Italian financial and governmental market and VASCO's Digipass will prove to be extremely successful."

About VASCO: VASCO designs, develops, markets and supports patented "Identity Authentication" products for e-business and e-commerce. VASCO's Identity Authentication software is delivered via its Digipass hardware and software security products. For user access control, VASCO's VACMAN products guarantee that only designated Digipass users get access to the application. With over 13,5 million Digipass products sold and delivered, VASCO has established itself as a world-leader for strong Identity Authentication with over 350 international financial institutions and approximately 1,500 blue- chip corporations and governments located in more than 80 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,

CONTACT: Jochem Binst of VASCO, +32-2-456-9810,

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Publication:PR Newswire
Geographic Code:4EUIT
Date:Mar 23, 2005
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