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ACCESS DENIED; Security softwaremaker's shares slideas banks retrench.

Publication: Crain's Chicago Business
Publication Date: 03-AUG-09
Format: Online
Delivery: Immediate Online Access
Full Article Title: ACCESS DENIED; Security softwaremaker's shares slideas banks retrench.(NEWS)(Vasco Data Security International Inc.)

Article Excerpt
Byline: H. LEE MURPHY

An Oakbrook Terrace-based company that rode the banking industry's wave of success is learning a painful economic lesson.

As banks reported big profits in recent years, security-device maker Vasco Data Security International Inc. flourished, becoming one of the fastest-growing companies in the U.S.

Now Vasco's big customers are reeling, sales are down and the company's shares have dropped almost 30% this year, to $7.50. Just two years...

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