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VASCO Data Security International Inc.

VASCO Data Security International Inc. is listed on NASDAQ (VDSI). VASCO Data Security International, Inc. was incorporated in Delaware in 1997 and is the successor to VASCO Corp., a Delaware corporation. Our principal executive offices are located at 1901 South Meyers Road, Suite 210, Oakbrook Terrace, Illinois 60181 and the telephone number at that address is (630) 932-8844. Our principal offices in Europe are located at Koningin Astridlaan 164, B-1780 Wemmel (Belgium) and the telephone number at that address is 32(0)2-456.98.10. Unless otherwise noted, references in this Annual Report to VASCO, Company, company, we, our, and us refer to VASCO Data Security International, Inc. and its subsidiaries. Additional information on the Company, its products and its results may be found on the Companys web site at www.vasco.com.

Vascular Solutions Inc.

Vascular Solutions Inc. is listed on NASDAQ (VASC). Vascular Solutions, Inc. (we, us or Vascular) is a medical device company focused on bringing clinically advanced solutions to interventional cardiologists and interventional radiologists worldwide. We were incorporated in the state of Minnesota in December 1996, and we began operations in February 1997. Our current product line consists of the following medical devices: . D-Stat DryT hemostatic bandage, a topical pad with a bandage used to control surface bleeding, . ProntoT extraction catheter, a mechanical system for the removal of soft thrombus from arteries, . Vari-Lase endovenous laser, a laser and procedure kit used for the treatment of varicose veins, . DuettT sealing device, used to seal the puncture site following

Watts Water Technologies Inc. ..s which are not historical facts and are considered forward-looking within the meaning of the Private Securities Litigation Reform Act of 1995. These ..

Webzen Inc ..e incorporated as a company with limited liability under Korean law on April 28, 2000. Our legal and commercial name is [[Image Removed]] (pronounced ..

Yankee Candle Company Inc. (The) ..ded marketer of premium scented candles, based on sales, in the giftware industry. We have a 35-year history of offering our distinctive products and ..

Abigail Adams National Bancorp Inc. ..e-chartered bank holding company which conducts business through its wholly-owned bank subsidiary, The Adams National Bank. The Bank serves the nation..

Ace Limited ..pany of the ACE Group of Companies incorporated with limited liability under the Cayman Islands Companies Law. We created our business office in Bermu..

Analogic Corporation ..r, together with its subsidiaries, referred to as Analogic) for the fiscal year ended July 31, 2005, were $364.6 million as compared to $355.6 million..

Adeza Biomedical Corporation ... All statements contained in this Form 10-K other than statements of historical fact are forward-looking statements. The words may, continue, estimat..

Astoria Financial Corporation .. the unitary savings and loan association holding company of Astoria Federal Savings and Loan Association and its consolidated subsidiaries, or Astori..

Aames Investment Corporation ..te investment trust, or REIT, was formed in February 2004 to build and manage a portfolio of high yielding subprime mortgage loans to offer its stockh..

Alamo Group Inc. ..t subsidiaries (Alamo Group,), is a leading manufacturer of high quality right-of-way maintenance and agriculture equipment. As used herein and otherw..

AMTEK Inc. .. Its predecessor was originally incorporated in Delaware in 1930 under the name American Machine and Metals, Inc. The Company maintains its principal ..

Andersons Inc. (The) ..that began operations as a partnership in 1947. The Company is organized into four operating groups. The Agriculture Group purchases and merchandises ..

Antares Pharma Inc. .. delivery-pharmaceutical company utilizing its experience and expertise in drug delivery systems to enhance the performance of established and develop..

American Power Conversion Corporation ..s a leading provider of global, end-to-end infrastructure availability solutions. APCs comprehensive products and services offering, which is designed..

AirNet Systems Inc. ..arrier for time-sensitive deliveries, operating between most U.S. cities each working day. AirNet is the leading transporter of cancelled checks and r..

ASML Holding N.V. ..nformation on the Company We commenced business operations in 1984. ASM Lithography Holding N.V. was incorporated in the Netherlands on October 3, 199..

Allergan Inc. ..th care company that develops and commercializes specialty pharmaceutical products for the ophthalmic, neurological, dermatological and other specialt..

Avalon Pharmaceuticals Inc. ..discovery and development of small molecule therapeutics for the treatment of cancer. Our pipeline of drug candidates includes our lead candidate, AVN..

Annaly Mortgage Management Inc. ..d finances a portfolio of investment securities, including mortgage pass-through certificates, collateralized mortgage obligations (or CMOs), agency c..

Aztar Corporation ..June 1989 to operate the gaming business of Ramada Inc. after the restructuring of Ramada Inc. The terms Aztar, we, our, and us, as used in this Form ..

Blue Dolphin Energy Company ..hat conducts substantially all of its operations through its subsidiaries. We conduct our business activities in two primary business segments: (i) pi..

Bunge Limited ..unge Limited, Bunge, we, us and our refer to Bunge Limited and its consolidated subsidiaries, unless the context otherwise indicates. Business Overvie..

Barnes & Noble Inc. ..s largest bookseller1, as of January 29, 2005 operates 820 bookstores. Of the 820 bookstores, 666 operate primarily under the Barnes & Noble Bookselle..

Business Objects S.A. ..f Business Intelligence solutions, which we refer to in this document as Business Intelligence. We develop, market and distribute software that enable..

Bodisen Biotech Inc. ..der the laws of the State of Delaware. Bodisens sole operating subsidiary, Yang Ling Bodisen Biology Science and Technology Development Company Limite..

Briggs & Stratton Corporation ..of air cooled gasoline engines for outdoor power equipment. Briggs & Stratton designs, manufactures, markets and services these products for original ..

Anheuser-Busch Companies Inc. ..oration that was organized in 1979 as the holding company parent of Anheuser-Busch, Incorporated (ABI), a Missouri corporation whose origins date back..

CardioDynamics International Corporation ..namics) is the innovator and market leader of an important medical technology called Impedance Cardiography (ICG). We develop, manufacture and market ..

Citizens Communications Company ..es (Citizens) will be referred to as the Company, we, us or our throughout this report. We are a communications company providing services to rural ar..

Chase Corporation ..nufacturing company providing products to a wide variety of industries including wire and cable, construction and electronics. The Company's strategy ..

Coffee Holding Co. Inc. ..esale coffee roaster and dealer in the United States. Our core products can be divided into three categories: o Wholesale Green Coffee: unroasted raw ..

Cell Therapeutics Inc. ..ents for cancer. Our goal is to build a leading, vertically-integrated biopharmaceutical company with a diversified portfolio of proprietary cancer dr..

Cognizant Technology Solutions Corporation ..ading provider of custom information technology (IT) services related to IT design, development, integration and maintenance services primarily for Fo..

Cincinnati Financial Corporation ..corporation formed in 1968. Through its subsidiaries, CFC has been conducting insurance operations since 1950, marketing commercial, personal and life..

Celestica Inc. ..name Celestica International Holdings Inc. on September 27, 1996. Since that date, we have amended our articles of incorporation on various occasions,..

Conolog Corporation ..ly in the design and manufacture of electronic components and systems for military applications. In July 1971, we merged with DSI Systems, Inc., then ..

Coach Inc. ..modern American classic accessories. Coach believes that it is one of the most recognized fine accessories brands in the U.S. and in targeted internat..

CORUS Bankshares Inc. ..nnesota in 1958, is a bank holding company registered under the Bank Holding Company Act of 1956. Corus provides consumer and corporate banking produc..

CRH PLC ..lopment of the Company CRH public limited company is the parent company for an international group of companies, engaged in the manufacture and supply..

Chesapeake Corporation .. paperboard packaging products in Europe, and we are also a leading international supplier of plastic packaging products to niche end-use markets. We ..

CITIGROUP CAP VIII ..ubsidiaries) is a diversified global financial services holding company whose businesses provide a broad range of financial services to consumer and c..

Covansys Corporation ..obal technology services company with a focus on industry-specific solutions, strategic outsourcing and integration services. We address the most chal..

Caliper Life Sciences Inc ..e technologies of liquid handling, automation, and LabChip microfluidics to create enabling solutions for the life sciences industry. Caliper is a lea..

Danaher Corporation ..ign, manufacture and marketing of industrial and consumer products, which are typically characterized by strong brand names, proprietary technology an..

Ethan Allen Interiors Inc. ..riors Inc., through its wholly-owned subsidiary, Ethan Allen Inc., and Ethan Allen Inc.'s subsidiaries (collectively, Ethan Allen), is a leading manuf..

Dollar Financial Corp. ..company serving under-banked consumers. Our customers are typically lower- and middle-income working-class individuals who require basic financial ser..

Digital Realty Trust Inc. ..any refer to Digital Realty Trust, Inc., a Maryland corporation, together with our consolidated subsidiaries, including Digital Realty Trust, L.P., a ..

DTS Inc. ..ogy, historically focused on high-quality digital multi-channel audio technology, products, and services for entertainment markets worldwide. Multi-ch..

Dycom Industries Inc. .. services. These services are provided throughout the United States and include engineering, construction, maintenance and installation services to te..

Envoy Communications Group Inc. ..al consumer and retail branding company with offices in North America and Europe. Envoy conducts its branding services through its wholly-owned subsid..

99 CENTS ONLY STORES ..nsumable general merchandise with an emphasis on name-brand products. The Companys stores offer a wide assortment of regularly available consumer good..

Embrex Inc. ..ural biotechnology company engaged in the development of innovative in ovo (in the egg) solutions that meet the needs of the global poultry industry. ..

eOn Communications Corporation ..elops and markets unified voice, email and Web-based communications systems and software for customer contact centers and general business application..

Everlast Worldwide Inc. .. constitute forward-looking statements within the meaning of Section 27A of the Securities Act and Sections 21E of the Exchange Act. Such forward-look..

Energy West Inc. ..tility, with certain non-utility operations conducted through its subsidiaries. The Company was originally incorporated in Montana in 1909. The Compan..

Liberte Investors Inc. ..s) is a retailer, servicer and underwriter of non-standard personal automobile insurance based in Nashville, Tennessee. We currently write non-standar..

Feldman Mall Properties Inc. ..d, self-administered and self-managed real estate company formed in July 2004 to continue the business of Feldman Equities of Arizona to acquire, reno..

Fairfax Financial Holdings Ltd ..inancial services holding company which, through its subsidiaries, is engaged in property and casualty insurance and reinsurance, investment managemen..

Leesport Financial Corporation .. headquartered at 1240 Broadcasting Road, Wyomissing, Pennsylvania 19610. The Company was organized as a bank holding company on January 1, 1986. The ..

FoxHollow Technologies Inc. ..evices primarily for the treatment of peripheral artery disease. PAD results from the accumulation of plaque in arteries, most commonly occurring in t..

Frontier Financial Corporation ..tion) is a Washington corporation which was incorporated in 1983 and is registered as a financial holding company under the Bank Holding Company Act o..

Grill Concepts Inc. ..t otherwise requires, as used herein, the Company, we, our, or us, means Grill Concepts, Inc., a Delaware corporation and its subsidiaries. GENERAL Gr..

GP Strategies Corporation ..aware in 1959. The Company is a New York Stock Exchange listed company traded under the symbol GPX. Prior to November 24, 2004 the Company had five op..

Healthcare Technologies Ltd. ..liability company under the law of the state of Israel in May 1988. The Company's principal executive offices are located at Beit Amargad, 32 Shaham S..

HOSPIRA INC ..edication delivery company that is focused on products that improve the productivity, safety and efficacy of patient care in the acute care setting. H..

INFINEON TECHNOLOGIES AG ..cal Year The business name of the company is Infineon Technologies AG. º (2) º The companys registered place of business is Munich. º (3) º The fiscal..

IRIDEX Corporation ..e diseases in ophthalmology and skin conditions in dermatology (also referred to as aesthetics). Our products are sold in the United States predominan..

JOHNSON & JOHNSON .. people worldwide, is engaged in the manufacture and sale of a broad range of products in the health care field. Johnson & Johnson has over 200 subsid..