OAKBROOK TERRACE, Ill. and ZURICH, July 11, 2012 /PRNewswire/ -- VASCO Data Security International, Inc. (Nasdaq: VDSI; www.vasco.com), a leading software security company specializing in authentication products today announces that VASCO's DIGIPASS® technology is combining with Intel's (www.intel.com) latest generation of Intel inspired Ultrabook devices to provide strong account protection.
Intel® Ultrabook™ devices include technologies that provide a more secure experience for consumers, focusing on the protection, prevention and recovery of data. Intel® Identity Protection Technology is embedded into Intel's latest generation of Ultrabooks and when combined with the use of VASCO's DIGIPASS technology, provides consumers with peace of mind with enhanced security.
DIGIPASS for Intel IPT allows customers to deploy two-factor authentication without the need to roll-out authentication hardware to the end-user. DIGIPASS for Intel IPT links the physical PC of the end-user to his online banking accounts and favorite online accounts. When users log on, not only their identity but also the PC's identity will be validated through a dynamically generated one-time-password. The embedded security feature offers Ultrabook users enhanced transaction security against fraud and malware.
Additionally, DIGIPASS technology allows Ultrabook users to easily become part of VASCO's MYDIGIPASS.COM community. MYDIGIPASS.COM is a hosted authentication platform that allows users to conveniently and securely access all their favorite applications through a secure platform. Using the embedded Intel IPT credential, Ultrabook users can log on with a dynamic password and access all their applications available on the platform with just one mouse click.
"Intel's aims to provide a safer and simpler online experience for consumers," said Gordon Dolfie, general manager of Intel Identity Protection Technology services group at Intel. "We are collaborating with VASCO to bring consumers a safer and simpler online experience."
"The alliance with Intel opens new market opportunities for both companies", says Jan Valcke, President and COO at VASCO Data Security. "Integrating DIGIPASS technology into Intel's Ultrabook devices brings strong authentication straight to consumers and gives them the opportunity to easily become part of the MYDIGIPASS.COM community. MYDIGIPASS.COM demonstrates that security and user convenience can go hand in hand and provides consumers with an intuitive platform with strong security connecting a number of applications."
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 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, 2011 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.
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.
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SOURCE VASCO Data Security International, Inc.