Absolute Software Unveils IT Asset Management and Theft Recovery Solution for Netbooks

April 21, 2009

Companies and Schools Can Now track and Recover Netbooks with Computrace for Netbooks from Absolute Software

San Francisco, Calif.: April 21, 2009 – Today at RSA® Conference 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 announced that it has launched Computrace® for Netbooks. The new solution for netbooks delivers IT asset management and theft recovery to commercial customers, such as school districts, healthcare organizations and corporations who have been first to make widespread use of ultra-mobile computers.

For IT asset management and data security personnel, the job of managing and securing mobile devices is becoming ever more complex and expensive," said John Livingston, Chairman and CEO of Absolute. "Computer populations now include desktops, laptops, smartphones, tablets and now netbooks – often of different ages from a variety of manufacturers. Our goal is to provide visibility and security regardless of form factor and computer brand. We also feel that in today’s economic environment, organizations need this to be delivered as a simple, managed service. Computrace for Netbooks extends this value to customers who have been first to include netbooks in their mobile device population.

With Computrace for Netbooks, customers can:

  • Monitor, track and manage all computers from a single web interface, the Absolute Customer Center, regardless if a device is on or off the corporate network.
  • Generate accurate inventories to assist in budgeting and refresh plans.
  • Get visibility into the productivity and usage of investments in netbooks.
  • Deter computer theft and recover those computers that are stolen.
  • Help police identify computer thieves and gather evidence for prosecution.

How Computrace for Netbooks Works

The Computrace software Agent that powers Absolute solutions is embedded in the firmware of computers from the world’s leading computer manufacturers right at the factory or it can be installed by the customer.* The Agent can be activated by customers when they purchase a subscription with a term 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 and run reports to identify changes in asset information.

If a computer is stolen, the Absolute Theft Recovery Team can use information sent by the computer and 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.

Pricing and Availability

Computrace for Netbooks is now available for Windows and Mac operating systems with an MSRP of $24.99 for a one-year license through Absolute at 1-800-220-0733 and partner resellers.

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 or www.lojackforlaptops.com.

* For a complete list of firmware-supported computers visit www.absolute.com/firmware.

 

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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.

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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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