Absolute Announces Computrace Mobile for BlackBerry Smartphones at the Gartner Wireless & Mobile Summit

February 23, 2009

Absolute Announces General Availability of its Asset Management, Data Protection and Geolocation Capabilities for the Popular BlackBerry Platform

GARTNER Wireless & Mobile Summit, Chicago, IL., February 23, 2009 – Absolute® Software Corporation ("Absolute" or the "Company") (TSX: ABT), the leading provider of firmware-based, patented, computer theft recovery, data protection and IT asset management solutions, today announced that it launched Computrace® Mobile for the BlackBerry® platform. The new solution delivers asset management, data protection and geolocation tracking for the popular BlackBerry line of smartphones.

The launch follows a successful beta program that allowed select Absolute customers to test Computrace Mobile for BlackBerry smartphones within their live IT operations. One beta test customer, John D. Halamka, CIO, Beth Israel Deaconess & Harvard Medical School, commented, “I depend on my BlackBerry® to run five different organizations, $100 million in annual budgets, and 800 emails a day. The Computrace Agent enables me to track my Blackberry® via its internal GPS. Also, it enables my staff to track my location to an accuracy of about 20 meters. Over my 60 days of testing, it accurately tracked geolocation 24x7.”

"Our customers have the competitive advantage of being able to manage their laptops, desktops and smartphones from a single portal, helping to reduce operational costs and losses due to theft and inefficient allocation,” said John Livingston, president and CEO of Absolute Software. “We continue to extend our platform to ensure organizations have the visibility and protection they need to get the most from their investments in mobile computing."

Key benefits of Computrace Mobile

Reduced IT operational costs with the ability to manage IT assets from a single portal, the Absolute Customer Center, for the reporting of hardware, software and user information for smartphones and mobile computers.

An additional layer of data protection and increased compliance with government data breach laws through remote Data Delete capabilities.

Ability to track smartphones using geolocation and display the location on a map.*

How Computrace Mobile works

After Computrace Mobile is installed and activated on smartphones, it reports asset and location information every 30 minutes. IT administrators can detect hardware and software changes on the smartphone, as well as run daily reports to see its locations using Google Maps™ within the secure Absolute Customer Center. If a smartphone is lost or stolen, IT administrators can issue a Data Delete command using the Absolute Customer Center portal. Upon receiving the Data Delete command, the Computrace Agent on the smartphone permanently deletes sensitive information, helping to keep it out of the hands of unauthorized users.

Pricing and Availability

Computrace Mobile is currently available for BlackBerry OS versions 4.2.1 and later, including consumer models and all future models, as well as all Windows Mobile® 5 and 6 handheld devices such as the MOTO Q™, Palm® Treo™ and Samsung® BlackJack™. Computrace Mobile is available for purchase with an MSRP of $13.95 for a 1-year subscription through Absolute Software at 1-800-220-0733, or go to www.absolute.com for more information.

* Geolocation is only performed with the prior consent of the device owner. The geolocation feature is available for BlackBerry operating system versions 4.2.1 and later.

About the Gartner Wireless & Mobile Summit

Gartner Wireless & Mobile Summit offers new concepts and best practices to increase ROI on wireless investment, insights on the future of wireless, and unbiased perspectives on devices, systems, integration and the latest trends. The summit provides the critical information necessary to make the best choices to reduce costs, while maximizing current and new mobile initiatives. Additional information is available at www.gartner.com/us/wireless/.

 

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About Absolute Software

Absolute Software (NASDAQ: ABST) (TSX: ABST) is the only provider of self-healing, intelligent security solutions. Embedded in more than 600 million devices, Absolute is the only platform offering a permanent digital connection that intelligently and dynamically applies visibility, control and self-healing capabilities to endpoints, applications, and network connections - helping customers to strengthen cyber resilience against the escalating threat of ransomware and malicious attacks. Trusted by more than 18,000 customers, G2 recognized Absolute as a leader for the tenth consecutive quarter in the Summer 2022 Grid® Report for Endpoint Management and as a high performer in the G2 Grid Report for Zero Trust Networking.

©2022 Absolute Software Corporation. All rights reserved. ABSOLUTE, the ABSOLUTE logo, and NETMOTION are registered trademarks of Absolute Software Corporation or its subsidiaries. Other names or logos mentioned herein may be the trademarks of Absolute or their respective owners. The absence of the symbols ™ and ® in proximity to each trademark, or at all, herein is not a disclaimer of ownership of the related trademark.

Forward-Looking Statements

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.

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