OAKBROOK TERRACE, Ill. and
ZURICH and LEUVEN, Belgium, Sept. 28,
2011 /PRNewswire/ -- VASCO Data Security International, Inc.
(Nasdaq: VDSI), a leading software security company specializing in
authentication products and Option (EURONEXT: OPTI; OTC: OPNVY),
the wireless technology company, announce a partnership to
co-develop and bring to market Cloudkey®, a mobile security
solution that provides simple and secure access to cloud
applications and data. This unique mobile solution offers
world-class security combining VASCO's DIGIPASS authentication
capability with Option's 3G USB modem and connection management
software (uCAN® Connect).
Cloudkey contains DIGIPASS for Mobile, VASCO's strong
authentication solution for mobile devices. Mobile users who want
to access cloud applications in a secure way can use the USB key to
generate a one-time password (OTP). This OTP is only valid for a
limited period of time and replaces the use of static passwords.
Each time the user wants to log in, the mobile application on
Cloudkey calculates a new value. This reduces the risk of
unauthorized access to data in the cloud, and eliminates the
inconvenience of password management. The OTP is securely generated
inside the modem hardware and can be displayed without installation
of drivers or applications.
Cloudkey is a versatile and modular solution that addresses
different security needs. It can be used in standard professional
and enterprise environments to access corporate data or the
intranet, but also in environments where users need simple and
secure access to personal data or applications in the cloud.
Cloudkey can be used by enterprises that have already deployed
VASCO's DIGIPASS authentication devices but also require 3G
connectivity. The use of a private APN can further strengthen
access to intranet systems. For these users, Cloudkey provides an
all in one solution that is simple to use and convenient to carry.
Cloudkey also incorporates a micro-SD slot providing users with an
additional portable storage solution and allowing future modular
extensions to the product.
"Security has become a fundamental requirement for mobile
enterprise access. Cloudkey incorporates world-class security with
excellent connectivity and user-friendly software to access cloud
and enterprise applications and data," says Jan Callewaert, CEO at Option. "We are committed
to enhancing our portfolio of secure connectivity solutions
together with trustworthy partners, such as VASCO Data Security.
Cloudkey is an important solution in this strategy."
"We are proud to announce the partnership between Option and
VASCO Data Security, two key players in the IT-industry, both
headquartered in Belgium," says
Jan Valcke, President and COO at
VASCO Data Security. "This partnership fits in VASCO's mission to
embed our strong authentication solutions on different platforms.
Cloudkey is the result of our cooperation and demonstrates how we
can deliver solutions that simplify strong security together."
About Option:
Option, the wireless technology company, is a leading innovator
in the design, development and manufacture of 3G HSUPA, HSDPA,
UMTS, EDGE, and WLAN technology products for wireless connectivity
solutions. Option has established an impressive reputation for
creating exciting products that enhance the performance and
functionality of wireless communications. Option is headquartered
in Leuven, Belgium. The company
also has Research & Development in Belgium (Leuven), Germany (Augsburg) and an ISO 9001 production
engineering and logistics facility in Ireland (Cork). Option maintains offices in
Europe, US, Greater China and Japan. For more
information please visit our website www.option.com.
Media Contact for Option
Jan Pote, PR & Media Relations
Tel +32 (0)475 92 55 82, E-mail: j.pote@option.com
Copyright ©2011 OPTION. All rights reserved. All product and
company names herein may be (registered) trademarks or trade
names.
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 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, 2009 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 contact:
Jochem Binst, +32 2 609 97 00,
jbinst@vasco.com
Follow us on Twitter: http://twitter.com/VASCODataNews
SOURCE VASCO Data Security International Inc.
