OAKBROOK TERRACE, Ill. and ZURICH, Switzerland, Oct 08, 2008 /PRNewswire via COMTEX News Network/ -- VASCO Data Security International, Inc. (Nasdaq: VDSI) (http://www.vasco.com),
a leading software security company specializing in authentication today
announced that leading Chilean bank Banco de Chile has been awarded with
VASCO's Market Vision Award 2008.

Banco de Chile is the second biggest banking group of Chile offering a
complete product range and financial services to over half a million users
including large corporations, small and medium-sized enterprises and private
customers. The bank implemented VASCO's core authentication platform VACMAN
Controller together with DIGIPASS Go 3 and Go 6 to secure its online banking
platform. Banco de Chile was the first bank in Spanish speaking Latin America
to make strong two-factor authentication available to its retail customers.

VASCO's Market Vision Award consists of a bronze work of art by a renowned
Belgian artist, Inge Dewilde. In order to honour the bank's focus on
innovation and its visionary approach of security in an e-banking environment,
VASCO will organize an award ceremony at the banking summit in Buenos Aires
(Argentina) on October 8.

"We awarded Banco de Chile because of the bank's pioneering spirit and
visionary approach of secure online banking," said Jan Valcke, VASCO's
President and COO. "Banco de Chile was the first bank in Spanish speaking
Latin America to make Digipass available to all its customers, even before the
local regulator made two-factor authentication obligatory. With this award we
honour the efforts of Banco de Chile to offer a convenient and accessible way
for e-banking for both its retail and corporate customer base."

About Banco de Chile

Banco de Chile is the largest Chilean-capital bank providing, directly and
indirectly through its subsidiaries and affiliates, a variety of credit and
non-credit products and services to all segments of the Chilean financial
market. Its operations are organized in six principal business areas: large
corporations; middle market companies; international banking; retail banking;
treasury and money market operations, and operations through its subsidiaries.
The brands of the Company include Banco de Chile, Banco Edwards| Citi, Banco
CrediChile, Banco Atlas and Banchile.

About VASCO

VASCO is the number one supplier of strong authentication and e-signature
solutions and services. VASCO has established itself as the world's leading
software company specialized in Internet Security, with a customer base of
over 7,600 companies in more than 100 countries, including more than 1,150
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. Any statement containing words
such as "believes," "anticipates," "plans," "expects," and similar words, is
forward-looking, and these statements involve risks and uncertainties and are
based on current expectations. Consequently, actual results could differ
materially from the expectations expressed in these forward-looking
statements.

Reference is made to the Company's public filings with the US Securities
and Exchange Commission for further information regarding the Company and its
operations.

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

SOURCE VASCO Data Security International, Inc.

http://www.vasco.com

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