VASCO Announces DIGIPASS KEY 202 And CertiID Suite 3.4.3

DIGIPASS CertiID provides digital signatures for user authentication and transaction security

June 23, 2012

5 Min Read

PRESS RELEASE

OAKBROOK TERRACE, Ill. and ZURICH, June 14, 2012 / -- VASCO Data Security International, Inc. VDSI 0.00% , a leading software security company specializing in authentication products today announces the launch of DIGIPASS KEY 202 and CertiID Suite 3.4.3.

DIGIPASS CertiID is VASCO's PKI based authentication solution that provides digital signatures for user authentication and transaction security. It is a flexible PKI solution allowing financial organizations, enterprises and governments to implement secure leading-edge PKI technology enabling secure transaction and documents signing by using PKI credentials.

CD-ROM upgrade of DIGIPASS KEY solutions

The new CertiID Suite contains DIGIPASS CertiID Middleware providing strong two-factor authentication and non-repudiation of transactions and data. The new release contains a secure CD-ROM update solution enabling customers to update the read-only content of the DIGIPASS KEY CD-ROM drive. Updates can be executed by VASCO or the customer himself through manually or automated downloads. This new feature thus ensures customers of an up-to-date PKI infrastructure without having to replace deployed authentication devices in the field.

Integrated hardened browser

Furthermore, the CertiID software has been embedded into DIGIPASS KEY 200, DIGIPASS 860 and the new DIGIPASS KEY 202, ensuring a zero footprint and cost-efficient installation. The plug and play devices thus require little to no administration and device management. For banking purposes, both devices also contain a secure hardened browser enhancing online banking security and providing an enhanced end-user experience. When executing online transactions, the customer plugs the DIGIPASS KEY into the USB-port of the computer. The browser will launch and guide the customer directly to the bank's online application while performing certificate-based authentication. This way, the bank knows that an authorized user using embedded and certified software is logging on to perform a secure transaction. The hardened browser also allows secure PDF signing, giving financial institutions the opportunity to use Adobe software to securely sign PDF contracts online.

Signature compliance for e-gov applications

In combination with DIGIPASS KEY 101 with IAS chip, the software suite now supports signature compliance with European law recommendations making the solution ideally suited for e-government transactions. The solution is also compliant with the European Citizen Card (CEN 15480), a new standard for identity applications, authentication and electronic signatures in Europe. The standard ensures that a smart card is issued under the authority of a government institution which carries credentials in order to verify identity, act as an Inter-European Union travel document and to facilitate logical access to e-government or local administration services.

DIGIPASS KEY 202: VASCO's first SIM-based PKI device

DIGIPASS KEY 202 is a PKI authentication device based on SIM card technology. It is an innovative client solution combining PKI technology with secure USB mass storage. The device can be used for multiple purposes such as secure remote access, disk encryption, data transactions signing, desktop and application log-on and secure mobile data storage.

By using a SIM card, VASCO has facilitated the personalization process of the end-user devices. Instead of personalizing every device prior to customer distribution, end-users receive a personalized SIM card. By using this SIM card form factor, the cost for organizations for the renewal of smart cards and mass deployment of the USB devices is severely reduced. When certificates expire after two years, organizations only need to redistribute a new SIM card to their customer base instead of replacing every authentication device.

"With the new release of the CertiID Suite and DIGIPASS KEY 202, VASCO strengthens its PKI authentication offering", says Jan Valcke, President and COO of VASCO Data Security. "We have expanded the software suite to supply our customers with even more flexibility thanks to the upgrade service and the integrated hardened browser and PDF signing features. DIGIPASS KEY 202 in turn, is VASCO's answer to an increasing demand for more convenient PKI solutions. By using a SIM card form factor we are able to reduce logistic and support costs related to renewal and mass deployment. CertiID 3.4.3. and DIGIPASS KEY 202 will enable VASCO to address new market opportunities by creating a well-balanced mix of strong security, flexibility, user convenience and cost-efficiency."

VASCO will showcase its PKI solutions at CIAB on booth B11 from June 20 to 22 at the Transamerica Expo Center, Sao Paulo in Brazil.

About VASCO

VASCO 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 over 1,700 international financial institutions. VASCO's prime markets are the financial sector, enterprise security, e-commerce and e-government.

Forward Looking Statements:

Statements made in this news release that relate to future plans, events or performances are forward-looking statements. 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" and "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. 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. These risks, uncertainties and other factors have been described in greater detail in the Annual Report on Form 10-K for the fiscal year ended December 31, 2009 filed with the Securities and Exchange Commission and include, but are not limited to, (a) risks of general market conditions, including currency fluctuations and the uncertainties in world economic and financial markets, (b) risks inherent to the computer and network security industry, including rapidly changing technology, evolving industry standards, 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. Reference is made to VASCO's public filings with the U.S. Securities and Exchange Commission for further information regarding VASCO and its operations.

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