VASCO Reports Estimated Losses of $3.3-4.8M Related to DigiNotar Bankruptcy and Related Events

VASCO Data Security International, Inc. (Nasdaq: VDSI) today announced that the losses the company expects to record related to the bankruptcy of DigiNotar, B.V. and related events will range from approximately $3.3 million to $4.8 million. These estimates do not include any provision for possible claims which might be asserted against VASCO.

DigiNotar was declared bankrupt by the Haarlem District Court, The Netherlands on September 20, 2011.