Absolute Opens U.S. Headquarters in Austin

July 13, 2009

High Tech Cmpany to Hod Open House on July 16

Austin, Texas: July 13, 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 it has opened its new U.S. headquarters in Austin, Texas. The new office is home to Absolute's U.S.-based sales team and Consumer business.

"Austin is known for its well-educated, talented professionals with expertise in technology and business," said John Livingston, chairman and CEO of Absolute. "The city is home to the University of Texas and the caliber of people coupled with the area's reputation as a great place to live and work makes it an ideal location for our U.S. headquarters. We are happy to be working with Austin's talented professionals and supporting the local community."

The company is best known as the creator of the computer theft recovery market and is the maker of the popular Computrace® and Computrace® LoJack® for Laptops product lines. Local clients include Austin Independent School District who protects more than 8,000 school computers with Computrace. The school district recently worked with the Absolute Theft Recovery Team to successfully recover stolen district property.

To mark the occasion the new office opening, Absolute will be hosting a ribbon cutting ceremony and open house on July 16.

The Company will be hiring for positions based in Austin in the future. Interested candidates can apply for positions with Absolute at https://www.absolute.com/about/careers.

 

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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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