OAKBROOK TERRACE, Ill., and ZURICH, Switzerland, February 10, 2014 - VASCO Data Security International, Inc. (Nasdaq: VDSI), a leading software security company specializing in authentication products and services, announces today that system integrator Think Software Services (TSS) is VASCO's new system integrator in the United Arab Emirates. Together with Think Software Services VASCO will broaden its reach of strong authentication solutions and services in the region.
Think Software Services is an information technology consulting company and system integrator with a strong foothold in the United Arab Emirates. The company has a highly skilled IT consultants' team that works collaboratively towards understanding the clients' needs. The TSS consultants combine expertise in software and applications for IT environments with advanced skills in training, consulting and integration. They are experienced in security projects for customers in a variety of sectors: banking, government, hospitality and corporate.
In order to bring VASCO's solutions to the market, the TSS consultants will work closely together with the VASCO team, both on a commercial and technical level. VASCO considers TSS's security expertise and its extensive network across different sectors as some of the key differentiators to a successful partnership VASCO provides the world with convenient and secure authentication solutions and services. On the client-side, VASCO offers a wide range of end user authenticator solutions, called DIGIPASS. These software- or hardware authenticators enable users to generate a one-time password (OTP) to log on to a system in a secure way. More complex, but equally user-friendly authentication solutions are the e-signature and PKI devices. On the server-side, VASCO offers back-end authentication platforms to secure remote access to corporate resources and various types of (web-based) applications.
Samir Chopra, Director Sales & Delivery Think Software Services, explains: "The collaboration with VASCO Data Security is a win-win situation. Data security awareness is increasing rapidly in the United Arab Emirates market. Hence the next 12 months are critical in this business. With VASCO's services offering we are able to bring added value to both our customers and prospects."
"With its extensive network in the United Arab Emirates and its commercial and technical expertise, we believe Think Software Services is the perfect system integrator for VASCO," says Jan Valcke, President and COO of VASCO Data Security. He adds: "Together we will be able to bring the best of breed authentication technologies to the regional market."
About Think Software Services (TSS)
Think Software Services (TSS) is an Information Technology Consulting Company specializing in Software/Applications within Intranet and Internet environments. Our skilled IT consultants' team comprises of industry experts from all the domains working collaboratively towards understanding the client needs an astute delivery model. Our solutions include information security, ICT solutions, managed services and project outsourcing.
TSS supports enterprises and organizations of all sizes with products, solutions and services which offer customers the highest degree of availability, scalability manageability and security in the Information Technology business. We design and implement individual customized solutions that help optimize business processes by development and deployment of our software. Our 'state of the art' facility includes a fully functional data center; a business management headquarters to address all your needs, along with a team of professionals equipped with onsite and offsite expertise.
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 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. VASCO's products and services are delivered on the customers' premises or in the cloud.
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, 2010 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.
For more information:
VASCO Corporate Communications
T. +32 2 609 97 00
pr@vasco.com
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© Press Release 2014
