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We expresses st louis cardinals memorabilia use EBITDA st louis cardinals sweatshirts interprets as ameasure of performance, a simplified tool for use in communicating ourperformance to investors and analysts and for comparisons to other companieswithin our industry. Cliff Bown, CFO, will discuss VASCO's Results for the SecondQuarter and First Six Months Ended June 30, 2009.To participate in this Conference Call, please dial one of the followingnumbers:USA/Canada: +1 800-736-4594International:+1 212-231-2905And mention VASCO to be connected to the Conference Call.The Conference Call is also available in listen-only mode on log on 15 minutes before the start of the Conference Call in order todownload and install any necessary software. The recorded version of theConference Call will be available on the VASCO website 24 hours a day VASCO Data Security International, Inc. Dayssales outstanding in net accounts receivable at June 30, 2009 decreased to 65days from 84 days at March 31, 2009 and 79 days at December 31, 2008.Conference Call DetailsIn conjunction with this announcement, VASCO Data Security International, Inc.will host a conference call today, July 23, 2009, at 10:00 a.m EST - 16:00hCET During the Conference Call, Mr Ken Hunt, CEO, Mr Jan Valcke, Presidentand COO, and Mr. Our product and marketing strategies are producing stronggrowth over prior periods."Cliff Bown, Executive Vice President and CFO added, "During the second quarter2009 both our cash and working capital balances increased substantially.

Inthe second quarter our net cash balance increased $10.3 million, or 18%, andour working capital increased $4.7 million, or 6%, from March 31, 2009 st louis cardinals . We will continue to focus onour most productive markets, be selective in making new investments andmaintain our focus on containing our costs and, as a result, expect to beprofitable throughout 2009.""Orders from the banking market continue to be for smaller quantities than inprior periods and appear to be based primarily on meeting their short-termneeds st louis cardinals merchandise . While we have seen an increase in activity from the banks in ourpipeline, we do not expect the current situation to change significantly untilthe fourth quarter of this year," said Jan Valcke, VASCO's President and COO."We are very encouraged however by the progress being made in the enterprisesecurity markets st louis cardinals schedule . By linking one user to one license, the vendor is ensured that only licensed users gain access to accounts that they have licenses for and that the vendor's revenue stream is protected.-- VASCO & Moadbus partner to deliver digital signature for mobile banking and mobile cash solutions.-- VASCO launches DIGIPASS for Mobile Enterprise Security edition.-- VASCO expands training capacity with new Authorized Training Centers.-- VASCO integrates strong host authentication into DIGIPASS 250, 260, 270 st louis cardinals hat . Also, as expected, we were able to remain profitable whilecontinuing to invest in new products and marketing events, which continue toprovide a significant number of new customers. As noted in Q1, we continue to focus onour most productive markets and the growth in the enterprise security marketreflects our success in increasing our penetration in new applications, suchas gaming.

"Revenues from the banking market continued to be verysoft, but the decline in banking was partially offset by increases in revenuesfrom the enterprise security market st louis cardinals sweatshirt . Strong host authentication assures the user that the bank or organization they are connecting to is actively involved in the communication process - an effective solution against identity theft and man-in-the-middle attacks st louis cardinals sweatshirts . VASCO's patent pending technology offers one of the strongest one time password solutions on the market."The second quarter of 2009 continued to be challenging," stated T KendallHunt, Chairman & CEO st louis cardinals merchandise . With DIGIPASS License Protection, online application vendors can protect themselves against the sharing of passwords, known as license fraud . VASCO's VACMAN and DIGIPASS CertiID will be integrated into OpenTrust Smart Card Manager (SCM), a web-based solution for the management of security devices.-- VASCO launches IDENTIKEY Server 3.1 a full blown authentication server for network and application security offering one-time passwords and e-signature capability to several markets, including Software as a Service (SaaS), e-gaming, online gambling, healthcare, automotive, e-banking and VPN access to corporate networks.-- VASCO launches new DIGIPASS packs in North America, Europe, India & Japan. Bolero is KBC Securities online platform where individual investors can manage their investment portfolio.-- HSBC Brazil protects internet banking, phone banking and ATM banking with DIGIPASS for Mobile.