Vancouver, Canada: November 3, 2009 – Absolute® Software Corporation (“Absolute” or the “Company”) (TSX: ABT), the leading provider of firmware-based, patented, computer theft recovery, data protection and secure IT asset management solutions announces that HP® customers can now purchase a full range of Absolute Computrace® solutions as part of HP Care Pack services.
Computrace solutions, which include computer theft recovery, remote data delete and IT asset management capabilities, will be provided as a part of the HP support offerings aimed at commercial class customers and sold by HP and its resellers. HP Care Pack services can be purchased along with HP products as an optional service uplift to a standard warranty. For many post-warranty products, HP Care Pack Services are also available when an original warranty has expired.
“Regardless of the size of an organization, computers often contain sensitive data which could have serious consequences for a business if it were to fall in to the wrong hands,” said Carter McCrary, Chief Operating Officer at Absolute Software. “By expanding the availability of Computrace solutions as part of the HP Care Pack program, we are making it easier for businesses of all types and sizes to purchase IT asset management, data protection and computer theft recovery services from a familiar, trusted provider.”
Absolute and HP Expand Availability of Computrace Solutions for HP Care Pack Services
HP business customers to have a broader range of Absolute solutions with HP Care Pack Services
How Computrace Works
The Computrace Software Agent that powers Absolute’s solutions is embedded in the firmware of computers from the world’s leading computer manufacturers right at the factory or it can be easily installed by the customer.* The Agent is activated by customers when they purchase a subscription with terms ranging from one to four years.
The Agent regularly contacts the Absolute Monitoring Center – sending location and IT asset management information to the Absolute Customer Center portal. Customers log in to the Absolute Customer Center to access that information, manage their IT asset population, run reports, remotely delete data and plot the location of their computers and mobile devices on a map.
If a computer is reported stolen by a customer, the Absolute Theft Recovery Team will forensically mine it using a variety of procedures including key captures, registry scanning, file scanning, geolocation, and other investigative techniques to determine who has the computer and how it is being used. Absolute then works with local law enforcement to help recover the computer. Embedded in the firmware of a computer, the stealthy Computrace Agent is capable of surviving operating system re-installations, as well as hard-drive reformats, replacements and re-imaging.
The Agent regularly contacts the Absolute Monitoring Center – sending location and IT asset management information to the Absolute Customer Center portal. Customers log in to the Absolute Customer Center to access that information, manage their IT asset population, run reports, remotely delete data and plot the location of their computers and mobile devices on a map.
If a computer is reported stolen by a customer, the Absolute Theft Recovery Team will forensically mine it using a variety of procedures including key captures, registry scanning, file scanning, geolocation, and other investigative techniques to determine who has the computer and how it is being used. Absolute then works with local law enforcement to help recover the computer. Embedded in the firmware of a computer, the stealthy Computrace Agent is capable of surviving operating system re-installations, as well as hard-drive reformats, replacements and re-imaging.
Availability
HP Care Pack services will expand its offering of Computrace solutions, beginning with the inclusion of Computrace Complete in North America and Computrace One and Computrace for Netbooks Standard in Latin America.
* For a complete list of firmware-supported computers visit www.absolute.com/firmware.
About Absolute Software
Absolute Software Corporation (TSX: ABT) is the leader in computer theft recovery, data protection and Secure Asset Tracking® solutions. Absolute Software provides organizations and consumers with solutions in the areas of regulatory compliance, data protection and theft recovery. The Company's Computrace software is embedded in the firmware of computers by global leaders, including ASUS, Dell, Fujitsu, General Dynamics Itronix, HP, Lenovo, Motion, Panasonic and Toshiba, and the Company has reselling partnerships with these OEMs and others, including Apple. For more information about Absolute Software and Computrace, visit www.absolute.com and http://blog.absolute.com.
Forward-Looking Statements
This press release contains forward-looking statements that involve risks and uncertainties. These forward-looking statements relate to, among other things, the expected performance, functionality and availability of our services and products, and other expectations, intentions and plans contained in this press release that are not historical fact. When used in this press release, the words "plan," "expect," "believe," and similar expressions generally identify forward-looking statements. These statements reflect our current expectations. They are subject to a number of risks and uncertainties, including, but not limited to, changes in technology and general market conditions. In light of the many risks and uncertainties you should understand that we cannot assure you that the forward-looking statements contained in this press release will be realized.
©2009 Absolute Software Corporation. All rights reserved. Computrace, Absolute and Secure Asset Tracking are registered trademarks of Absolute Software Corporation. Computrace U.S. patents No. 5,715,174, No. 5,764,892, No. 5,802,280, No. 5,896,497, No. 6,244,758, No. 6,269,392, No. 6,300,863, and No. 6,507,914. Canadian patents No. 2,284,806 and No. 2,205,370. U.K. patents No. EP793823 and No. GB2338101. German patent No. 695 125 34.6-08. Australian patent No. 699045. Japanese patent No. JP4067035. The Toronto Stock Exchange has neither approved nor disapproved of the information contained in this news release.
This press release contains forward-looking statements that involve risks and uncertainties. These forward-looking statements relate to, among other things, the expected performance, functionality and availability of our services and products, and other expectations, intentions and plans contained in this press release that are not historical fact. When used in this press release, the words "plan," "expect," "believe," and similar expressions generally identify forward-looking statements. These statements reflect our current expectations. They are subject to a number of risks and uncertainties, including, but not limited to, changes in technology and general market conditions. In light of the many risks and uncertainties you should understand that we cannot assure you that the forward-looking statements contained in this press release will be realized.
©2009 Absolute Software Corporation. All rights reserved. Computrace, Absolute and Secure Asset Tracking are registered trademarks of Absolute Software Corporation. Computrace U.S. patents No. 5,715,174, No. 5,764,892, No. 5,802,280, No. 5,896,497, No. 6,244,758, No. 6,269,392, No. 6,300,863, and No. 6,507,914. Canadian patents No. 2,284,806 and No. 2,205,370. U.K. patents No. EP793823 and No. GB2338101. German patent No. 695 125 34.6-08. Australian patent No. 699045. Japanese patent No. JP4067035. The Toronto Stock Exchange has neither approved nor disapproved of the information contained in this news release.
For more information, please contact:
Public Relations:
Leslie Campisi, Affect Strategies
leslie@affectstrategies.com or 212.398.9680 x144
Investor Relations:
Dave Mason, CFA, The Equicom Group
dmason@equicomgroup.com or 416.815.0700 x237
Leslie Campisi, Affect Strategies
leslie@affectstrategies.com or 212.398.9680 x144
Investor Relations:
Dave Mason, CFA, The Equicom Group
dmason@equicomgroup.com or 416.815.0700 x237

