Absolute and McAfee Partner to Offer Consumers Absolute's Computrace LoJack for Laptops
Absolute Software and McAfee Collaborate to Offer Customers a Comprehensive Security and Theft Recovery Solution
Vancouver, Canada and Santa Clara, Calif.: April 8, 2009–Absolute® Software Corporation(“Absolute”) (TSX: ABT) and McAfee, Inc. (NYSE:MFE) announced today that Absolute’s Computrace® LoJack® for Laptops, a home and home office computer theft recovery and data protection service, will now be available for purchase athttp://home.mcafee.com/Store/for McAfee customers in the U.S.
The addition of Absolute’s Computrace LoJack for Laptops security solution offers McAfee customers a more comprehensive computer security package. With LoJack for Laptops in place, customers can be assured that if their computer is stolen, the Absolute Theft Recovery Team will gather evidence and work with law enforcement to get their computer back. In addition, customers who purchase a Computrace LoJack for Laptops Premium subscription can remotely delete sensitive files, including financial information and saved passwords to ensure their personal files don’t fall into the wrong hands.
"McAfee security suites in combination with LoJack for Laptops will bring together two of the industry’s leading computer security solutions," said Mark Grace, Vice President, Consumer Business at Absolute. "By using the layered approach to computer security that McAfee security solutions and Absolute’s LoJack for Laptops offer together, customers can rest assured that their computers, data and identities are protected from the growing threats of malicious software and computer theft."
McAfee subscribers who acquire LoJack for Laptops can have the Absolute Theft Recovery Team:
Track, locate and physically recover stolen computers
Work with law enforcement and gather evidence to help prosecute thieves.
Remotely delete and overwrite sensitive information with subscription to the Premium edition of the service.
LoJack for Laptops Premium subscribers can also benefit from a $1,000 Service Guarantee if a computer isn't recovered or data deleted within 60 days of theft.1
"When consumers purchase McAfee security suites as well as Absolute’s LoJack for Laptops it gives them the protection from two common headaches that computer owners face: rampant computer and Internet threats and computer thieves," said Todd Gebhart, executive vice president and general manager of McAfee Consumer, Mobile and Small Business. "By offering our customers Absolute’s LoJack for Laptops as part of their shopping and renewal experience, we are making it that much easier to get comprehensive protection conveniently and cost-effectively."
LoJack for Laptops is powered by Absolute’s patented Computrace technology. The Computrace Agent is virtually undetectable and phones home to the Absolute Monitoring Center with location information. If a computer is reported stolen, the Absolute Theft Recovery Team can gather evidence from the computer to identify the thief and get the computer back. When embedded in the firmware of computers from leading computer manufactures,2 Computrace can survive operating system re-installations, as well as hard-drive reformats, replacements and re-imaging. It can be activated by customers when they purchase a subscription for LoJack for Laptops ranging from 1-4 years.
1Certain conditions apply. For full Service Guarantee terms,click here. 2For a complete list of firmware-supported computers,click here.
About McAfee, Inc.
McAfee, Inc., headquartered in Santa Clara, California, is the world's largest dedicated security technology company. McAfee is relentlessly committed to tackling the world’s toughest security challenges. The company delivers proactive and proven solutions and services that help secure systems and networks around the world, allowing users to safely connect to the Internet, browse and shop the web more securely. Backed by an award-winning research team, McAfee creates innovative products that empower home users, businesses, the public sector and service providers by enabling them to prove compliance with regulations, protect data, prevent disruptions, identify vulnerabilities, and continuously monitor and improve their security.http://www.mcafee.com
This press release contains forward-looking statements and financial outlook that involve risks and uncertainties. These forward-looking statements and financial outlook relate to, among other things, the expected performance, functionality and availability of the Company’s services and products, and other expectations, intentions and plans contained in this press release that are not historical facts. When used in this press release, the words “plan,” “expect,” “believe” and similar expressions generally identify forward-looking statements. These statements reflect the Company’s 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, readers of the press release should understand that Absolute cannot assure them that the forward-looking statements and financial outlook contained in this press release will be realized. Furthermore, the forward-looking statements and financial outlook contained in this press release are made as of the date hereof and the Company does not undertake any obligation to update publicly or to revise any of the included forward-looking statements and financial outlook, whether as a result of new information, future events or otherwise, except as may be required by applicable securities laws.
Absolute empowers more than 12,000 customers worldwide to protect devices, data, applications, and users against theft or attack — both on and off the corporate network. With the industry’s only tamper-proof endpoint visibility and control solution, Absolute allows IT organizations to enforce asset management, security hygiene, and data compliance for today’s remote digital workforces. Absolute’s patented Persistence®technology is embedded in the firmware of Dell, HP, Lenovo, and 22 other leading manufacturers’ devices for vendor-agnostic coverage, tamper-proof resilience, and ease of deployment. See how it works atwww.absolute.comand follow us at@absolutecorp.