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Technology Stocks : VASCO CORP. (VASC)
VASC 56.000.0%Feb 21 4:00 PM EST

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To: caly who wrote (123)8/6/1997 1:55:00 PM
From: Andrew G.   of 154
 
Wake-Up people: VASC isn't dead.Big news today!

VASCO Announces VACMan/CryptaPak

A Smart Card Solution for the Internet and for Remote Dial-In

VASCO develops Business Relationships with Datakey and Fischer International Builds on
Netscape Relationship

LOMBARD, Ill., Aug. 6 /PRNewswire/ -- VASCO Data Security, Inc., a wholly owned subsidiary of VASCO Corp. (OTC-Bulletin
Board: VASC), announced today a new addition to its Advanced Authentication product line - VACMan/CryptaPak(TM).
Available for beta clients immediately, CryptaPak is a standards based smart card solution that secures Internet
applications based on the X.509 authentication standard and also secures remote dial-in access based on the RADIUS
authentication standard.

VACMan/CryptaPak is a complete smart card solution that includes a smart card, smart card reader, and software that
enables Netscape's Communicator to authenticate users via the X.509 certificate standard and software that enables
remote dial-in users to be authenticated via the RADIUS authentication standard. Smart card support for Microsoft's
Explorer will be available shortly.

VASCO also announced today OEM relationships with both Datakey, Inc. (Nasdaq:DKEY) and Fischer International. VASCO has
OEM'd Datakey's SignaSURE CIP smart card package and VASCO has added Challenge/Response authentication support for
remote dial-in access via the RADIUS protocol to VASCO's VACMan/Server. In addition, VASCO has OEM'd Fischer
International's Smarty(TM) Smart Card Reader. The Smarty(TM) product allows the user's ``A'' drive to be utilized as a Smart
Card Reader.

VACMan/CryptaPak will include VASCO's RADIUS software support, Datakey's smart card, and a choice of Datakey's serial
smart card readers or Fischer's Smarty(TM) Smart Card Readers. Datakey supports X.509 Version 3 certificates.

Netscape today also announced an alliance of companies that are supporting the RSA Labs Public Key Cryptography Standard
(PKCS #11). Datakey, Fischer International, Netscape (Nasdaq:NSCP), and VASCO Data Security are among the 10 companies
mentioned in the announcement. On April 22, 1997 Netscape announced a partnership with VASCO to develop products based
on open standards. Today's VACMan/CryptaPak announcement is a direct result of the cooperation between VASCO and
Netscape along with the strong cooperation with Datakey and Fischer.

``Smart cards have been the buzz of the security industry, yet in reality until now you could not deploy an industry standard
solution that worked across multiple authentication standards,'' said John Haggard, President VASCO Data Security, Inc.
``Our goal is to offer a multipurpose smart card solution in order to give corporations value that justifies the costs of the
solution. Everybody loves smart cards, but nobody wants to invest in the solution when only one problem is solved.
Consumers of CryptaPak will immediately be able to secure multiple security domains - traditional remote dial in access
and Web Extranet applications.''

``As a leader in Internet security technology, Netscape is making it even safer for Netscape Communicator users to access
corporate information from the network while on the road,'' said Taher Elgamal, Chief Scientist at Netscape. ``The
combination of VASCO's suite of Internet security software products with Netscape Communicator and Netscape SuiteSpot
will help enterprises quickly and easily deploy Extranet applications with enhanced security features.''

``I am particularly pleased that VASCO has chosen Datakey as their cryptographic smart card supplier, and that VASCO and
its business partners were able to work together to bring a total solution to the table,'' said Carl Boecher, President and
CEO of Datakey. ``Inter company cooperation is needed to advance Smart card based security solutions and VASCO has been
aggressive in adding value to new emerging standards by building a smart card bridge to today's RADIUS authentication
standard.''

For the full text of this News Release, please refer to our home page: www.vasco.com
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