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SOURCE VASCO Data Security International, Inc.
OAKBROOK TERRACE, Ill. and ZURICH, Feb. 26, 2013 /PRNewswire/ -- VASCO Data Security International, Inc. (Nasdaq: VDSI) (www.vasco.com), a leading software security company specializing in strong authentication products and services, announces today that Ello Mobile (www.ello-mobile.be), a virtual telecom operator, uses MYDIGIPASS.COM to protect the access to its customer portal.
Ello Mobile is a Belgian virtual mobile network operator that donates its entire profit to social-minded and non-profit charity projects. The customers decide themselves which projects they would like to support. Ello Mobile selects the projects in cooperation with an independent jury of experts, selected by the King Baudouin Foundation.
Ello Mobile operates in accordance with an easy web-based business model: all services are only offered online. In this way, the company saves a lot of operating costs which implies that more profit can be given to the charity projects. Customers sign up via the website and charge their credit on their prepaid phone card. Via 'My Ello', they can manage their data and ask for invoices. To protect the access to this confidential information, Ello Mobile now gives its customer the possibility to use the MYDIGIPASS.COM platform. Thanks to this platform, users can log on safely to 'My Ello' to consult and manage their personal data.
Via MYDIGIPASS.COM, Ello Mobile users can download a free DIGIPASS for Mobile application on their smart phone or tablet. The application generates dynamic passwords that replace the weak, static passwords. Besides this, DIGIPASS for Mobile offers the possibility to scan QR codes. Users get direct access via MYDIGIPASS.COM to their 'My Ello' application, just by scanning the QR code. In that way, Ello Mobile offers its customers an alternative logon method that makes use of two-factor authentication and secures access to confidential customer information.
"Thanks to the cooperation with VASCO, we can offer our customers an extra layer of security, so that their personal data is better protected," says Serge Van de Zande, founder of Ello Mobile. "The implementation of an in the cloud authentication platform fits perfectly in our web-based strategy."
"We are very pleased that Ello Mobile decided to cooperate with VASCO," says Jan Valcke, President and COO at VASCO Data Security. "Ello Mobile users can register online on MYDIGIPASS.COM and can download DIGIPASS for Mobile for free. VASCO consigns authentication to the end user."
About Ello Mobile
Ello Mobile is a mobile network operator that donates its entire profit to social-minded and non-profit charity projects. This commitment is written in the memorandum of association. The company offers rates and formulas that are similar to every other mobile network provider. The difference, however, is that every day, with every text message and phone call, Ello customers support organizations and projects that devote themselves for a better world.
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 a 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.
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.
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