Absolute Software Congratulates Winners of the Intel Schools of Distinction Awards
Absolute provides Computrace to Intel Schools of Distinction Award recipients
Vancouver, Canada: October 21, 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 congratulates the winners of the Intel Schools of Distinction Awards (Intel SODA) and announces that it is providing its IT asset management, data protection and theft recovery solution, Computrace®, to award recipients.
Intel's SODA program annually honors U.S. schools that demonstrate 21st century teaching and learning environments that promote excellence in math and science. Intel received more than 700 applications this year, and from those, selected six winners (one elementary, middle, and high school in each of two categories). Winners will benefit from the tracking, remote data delete and theft recovery capabilities of their select licenses of Computrace Plus by Absolute Software.
"We are honored to participate in this philanthropic endeavor along with Intel," said David Hawks, Business Development Manager – Education at Absolute Software. "We hope that the cost savings possible with Computrace will allow school boards to increase their funding for Science and Math programs."
Representatives from Absolute will be joining celebratory events at winning schools throughout October and November 2009.
How Computrace Works
The Computrace Agent that powers Absolute Software solutions is embedded in the firmware of computers right at the factory or it can be installed by the customer.* When 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 can be 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 that is accessible via the Absolute Customer Center web portal. Customers log in to the Absolute Customer Center to access that information and to perform tasks such as managing their IT asset population, running reports, remotely deleting data and plotting the location of their computers and mobile devices on a map.
If a computer is stolen, the Absolute Theft Recovery Team can use location information sent by the computer and forensically mine it using a variety of procedures including user input capture, registry scanning, file scanning, geolocation, and other investigative techniques to determine who has the computer and where it is located. Absolute then works with local law enforcement to help recover the computer.
If a computer is equipped with Intel Anti-Theft Technology (Intel AT), IT managers can use Computrace to remotely lock a computer so that it cannot boot and is rendered useless to the unauthorized user. Alternatively, if a computer does not check in with the Absolute Monitoring Center within a pre-determined period of time, Intel AT will automatically lock the computer so that the data on the machine cannot be accessed by an unauthorized user.
For more information on Absolute Software and its range of computer theft recovery, data protection and IT asset management solutions, please visit www.absolute.com. For additional information on Absolute and Intel AT, please see www.absolute.com/partners/alliances/intel.
For more information on the Intel Schools of Distinction Awards and to see a list of this year's winning schools, please visit www.intel.com/education/schoolsofdistinction.
* For a complete list of firmware-supported computers, see www.absolute.com/firmware.
About Absolute Software
Absolute Software Corporation (TSX: ABT) is the leader in computer theft recovery, data protection and IT asset management 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.
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, the provision of services and products to Intel SODA recipients, 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 and Absolute 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:
Leslie Campisi, Affect Strategies
firstname.lastname@example.org or 212.398.9680 x144
Dave Mason, CFA, The Equicom Group
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