1. e-Banking Security Summit 2007 Moscow Roger Vandeplas, VP Sales & Marketing

2. 2 VASCO, e-Banking Security Summit - Moscow - April 2007  Global company with HQ in US and Europe and Operational HQ in Europe  Listed on Nasdaq: VDSI  The world’s leading sofware company, specialized in Internet security  over 32 million licenses sold and delivered  + 650 banking customers worldwide  Over 3600 customers in 100+ countries for corporate networking  Fast growing market share in 2004, 2005 and 2006  16 consecutive profitable quarters allowing VASCO to finance its organic growth and acquisitions  #1 worldwide in authenticating & digitally signing e-banking, online brokerage services and beyond Corporate Profile

3. 3 VASCO, e-Banking Security Summit - Moscow - April 2007 VASCO Worldwide OPERATIONAL OFFICE, Boston, USA CORPORATE HQ, Chicago, USA OPERATIONAL OFFICE, Singapore, ASIA OPERATIONAL OFFICE, Sydney, PACIFIC INTRENATIONAL OPERATIONAL OFFICE, Brussels, BELGIUM SALES OFFICE, Moscow, RUSSIA

4. 4 VASCO, e-Banking Security Summit - Moscow - April 2007 VASCO’s Success Story 2003 – 2006 Revenue in US $Operating Income in US $ Number of Digipass (Million)New Customers (Thousand) 33.000.000 End users Almost 5000 customers (4900)

5. 5 VASCO, e-Banking Security Summit - Moscow - April 2007 Full Option= All authentication technologies hosted on one unique platform Over 50 VASCO’s client authentication technologies, products and services are based on one unique VASCO platform: VACMAN Our Vision: Full option, all-terrain authentication

6. 6 VASCO, e-Banking Security Summit - Moscow - April 2007 All-Terrain= All applications VASCO brings banking security to 50 different vertical applications such as : Our Vision: Full option, all-terrain authentication E-banking Enterprise security Healthcare E-brokerage E-government Automotive Publishing industry Human resources Online Gaming B-to-B B-to-C Education Legal Manufacturing Social security Sports

7. 7 VASCO, e-Banking Security Summit - Moscow - April 2007 We are dedicated to authentication We reinforce our global leadership every day Our Mission: We authenticate the world

8. 8 VASCO, e-Banking Security Summit - Moscow - April 2007  We commit to offer to financial institutions the full array of authentication solutions and services at the lowest Total Cost of Ownership (TCO)  We bring “banking” authentication solutions to other markets ( Enterprise Security, e-Commerce, e-Government)  We add products and technologies to VASCO’s offerings, that are needed to suit the specific needs of customers within those other markets Our strategy:

9. 9 VASCO, e-Banking Security Summit - Moscow - April 2007

10. 10 VASCO, e-Banking Security Summit - Moscow - April 2007 VASCO Customers – Some Banking References

11. 11 VASCO, e-Banking Security Summit - Moscow - April 2007 VASCO Today and Tomorrow Today, we are: A Software Security Company specialized in Authentication Products Tomorrow we aim to be: A Software Security Company specialized in Authentication Products and Services

12. 12 VASCO, e-Banking Security Summit - Moscow - April 2007 e - Banking Security Summit Moscow Thank you