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IDENTIKEY Federated Authentication Extends Access Control Across Multiple Applications and Unconnected Networks

November 16, 2011

OAKBROOK TERRACE, Ill. and ZURICH, Nov. 16, 2011 /PRNewswire/ — VASCO Data Security International, Inc. (Nasdaq: VDSI) (www.vasco.com), a leading software security company specializing in authentication products, announces today the launch of IDENTIKEY Federation Server, VASCO’s authentication and access management server, designed to validate user login on web-hosted applications. The solution is extremely well suited for large corporations, governments, non-profit organizations and educational institutions looking to secure and manage access to different web-based applications and portals.

IDENTIKEY Federation Server is used to validate user credentials across multiple applications and disparate networks. The solution validates users and creates an identity ticket enabling web single sign-on for different applications across organizational boundaries. As validated credentials can be reused, once a user’s identity is confirmed, access to authorized services and applications is granted. Users can securely switch between the different applications and collaborate with colleagues, business partners, suppliers, customers and partners using one single identity.

The web single sign-on feature provided by IDENTIKEY Federation Server greatly enhances end-user experience. End-users saves time by sidestepping different logon procedures and are no longer obliged to memorize several password and username combinations. The company’s administrator’s task is equally simplified. IDENTIKEY Federation Server comes with a single administrative interface and user repository removing the burden of maintaining diverse password databases and different authorization and authentication policies for each application separately.

IDENTIKEY Federation Server can be linked to most web applications that use a SAML 2.0 interface. Additionally, VASCO offers its consultancy and professional services to customize its solution for cases where a SAML interface is not available.

The server supports different types of authentication methods that can be combined with or tied to a specific application. Organizations that want to add an additional security layer using dynamic passwords, can implement VASCO’s standard IDENTIKEY Server as back-end authentication software. IDENTIKEY Server and Federation Server both work seamlessly together with VASCO’s DIGIPASS range which includes both hardware and software authentication methods.

“With IDENTIKEY Federation Server which supports web SSO federated authentication and the possibility to integrate DIGIPASS technology, VASCO proves that implementing a security infrastructure guaranteeing secure access across multiple applications and platforms can be a straightforward process without compromising on user or administrator convenience and cost-efficiency. With a continuous growing number of web-based applications that each require their own login, IDENTIKEY Federation Server can bring user experience to a new level while reducing overall complexity,” says Jan Valcke, President and COO of VASCO.

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

Cautionary Note Regarding Forward-Looking Statements

This 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 concerning, among other things, 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. 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 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.

This document may contain trademarks of VASCO Data Security International, Inc. and its subsidiaries, including VASCO, the VASCO “V” design, DIGIPASS, VACMAN, aXsGUARD and IDENTIKEY.

For more information contact: Jochem Binst, +32 2 609 97 00, jbinst@vasco.com

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SOURCE VASCO Data Security International, Inc.


Source: PR Newswire