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VASCO announces filing of patent infringement suit.

LOMBARD, Ill.--(BUSINESS WIRE)--March 8, 1996--VASCO Corp. (OTC: VASC) announced today that in December 1995 its subsidiary, VASCO Data Security Inc. (VDSI), together with co-plaintiff Security Dynamics Technologies Inc. (NASDAQ: SDTI), filed suit in the U.S. District Court for the Northern District of California against ActivCard Inc. (San Francisco) and ActivCard S.A. (Issy-les-Moulineaux, France) alleging infringement of certain VASCO Data Security Inc. and Security Dynamics patents that collectively cover a range of technology used for secure data access.

The suit seeks monetary damages and an injunction against further infringement. VASCO Data Security intends to vigorously prosecute its claims against ActivCard.

VASCO and VDSI improve the productivity and profitability of their clients through consulting, training and the application of technology. VDSI designs, develops and markets a family of hardware and software security products used to manage and protect access to a wide range of computer-based information resources. VDSI's patented and proprietary products provide computer security, Extended User Authentication (EUA), and virus protection for financial institutions, industry and government.

Standard & Poor's CORPORATION RECORDS now provides coverage on VASCO Corp.

CONTACT: VASCO Corp., Lombard, Ill.

Ken Hunt, 708/495-0755; 708/495-0279 (fax)

e-mail: tkh@vasco.com

www: http://www.vdsi.com
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Publication:Business Wire
Date:Mar 8, 1996
Words:201
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