OAKBROOK TERRACE, Illinois and ZURICH, Switzerland – August 2, 2010 – VASCO Data Security International, Inc. (Nasdaq: VDSI;
www.vasco.com), a leading software security company specializing in strong authentication products, announces today its distribution agreement with Pacific Tech (www.pacifictech.com.sg), a leading Value Added Distributor (VAD) specialized in network unified threat management products and rich media communication systems and solutions.
Pacific Tech is focused to market and distribute credential, certified and proven network and communication products and systems. Its main businesses are situated in Singapore but the company also extends its services to Brunei, Malaysia, Vietnam and Thailand. By partnering with Pacific Tech, VASCO will rely on the distributor’s well established channel to increase its presence and accelerate business growth in the region leveraging on Pacific Tech’s channel management and technical expertise.
VASCO’s best of breed authentication solutions replace static passwords with dynamic one-time passwords eliminating unauthorized access to networks, applications and business-critical data. The company also offers e-signature solutions to secure online (monetary) transactions circumventing phishing and man-in-the-middle attacks.
Pacific Tech will carry VASCO’s entire enterprise security product line to offer companies of all sizes, ranging from SMEs to large enterprises, Telco’s and ISPs, a solid and proven end-to-end authentication solution. The distributor will also be providing bundled product offerings with Fortinet.
“We look forward to a successful partnership”, says Jan Valcke, President and COO of VASCO Data Security. “This agreement strengthens the distribution channel VASCO uses to support dealers and value added resellers, complementing our overall customer service offering. Through its network of agents and local resellers, Pacific Tech is well positioned to assist VASCO in extending its products’ reach in the region enabling us to further enhance our product availability around the globe.”
“We are very excited about becoming VASCO’s liaison in Singapore”, says Andy Woo, Director Sales and Marketing at Pacific Tech. “Pacific Tech is committed to offering products to its resellers that will provide them with the best opportunities for success in a competitive marketplace. We believe there is a great potential of untapped opportunities in the SME, enterprise and government segment for managed services and cloud computing .The addition of VASCO’s proven authentication technology to our lineup will enable our resellers to meet the ever-increasing requirements of IT users. Together with VASCO we will offer flexible, effective and affordable security solutions to counter hacking, fraud and identity theft.”