VDSI Vasco Data Security International Inc.

OneSpan Announces Participation in the Stifel 2018 Cross Sector Insight Conference

OneSpan Announces Participation in the Stifel 2018 Cross Sector Insight Conference

CHICAGO, June 04, 2018 (GLOBE NEWSWIRE) -- OneSpan (NASDAQ:OSPN), a global leader in digital identity security, transaction security, customer onboarding and business productivity, today announced it will present at the Stifel 2018 Cross Sector Insight Conference in Boston.

Scott Clements, OneSpan’s CEO, is scheduled to present on June 11 at 1:15 p.m. EDT. A link for the live webcast, as well as a replay of the archived webcast, will be available from the investor relations section of the OneSpan website at .

About OneSpan

OneSpan enables financial institutions and other organizations to succeed by making bold advances in their digital transformation. We do this by establishing trust in people’s identities, the devices they use, and the transactions that shape their lives. We believe that this is the foundation of enhanced business enablement and growth. More than 10,000 customers, including over half of the top 100 global banks, rely on OneSpan solutions to protect their most important relationships and business processes. From digital onboarding to fraud mitigation to workflow management, OneSpan’s unified, open platform reduces costs, accelerates customer acquisition, and increases customer satisfaction. Learn more about OneSpan at  and on ,  and .

Copyright © 2018 OneSpan North America Inc., all rights reserved. OneSpan™, DIGIPASS® and Cronto® are registered or unregistered trademarks of OneSpan North America Inc. and/or OneSpan International GmbH in the U.S. and other countries.

Investor contact:

Joe Maxa

Director of Investor Relations

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04/06/2018

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Reports on Vasco Data Security International Inc.

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Update: Investing for sustained growth

Revenue momentum built in 2014 with Q4 revenues +44% year-on-year. VASCO plans to capitalise on the interest it is seeing in its new products by expanding S&M efforts, which, with a doubling of order backlog at the start of the year, should support ongoing double-digit growth. Share performance is likely to be driven by news regarding significant new customer wins and effective investment of its $137m net cash balance.

Update: Delivering on strategy

Q3 was VASCO’s best revenue quarter yet. Management is delivering on strategy to increase the share of revenues from repeatable revenue streams, which should make growth less volatile and, along with the positive forward indicators, gives us confidence that 2015 will again be a growth year despite the increasingly difficult basis of comparison. On a 28x 2015 P/E, evidence of ongoing strong momentum into 2015 is key to driving further share price performance.

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