New Offering from Dell Includes Computrace LoJack for Laptops to Help Protect Against Theft

September 29, 2009

New Dell Inspiron Mini Nickelodeon Edition Comes Complete with 12-month Computrace LoJack for Laptops Subscription

Vancouver, Canada: September 29, 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 today that the new Dell Inspiron Mini Nickelodeon Edition notebook will come with a free 12-month Computrace® LoJack® for Laptops subscription to help protect kids' computers from theft.

The Dell Inspiron Mini Nickelodeon Edition notebook is a durable and highly portable netbook that joins together excellent technology, content, parental controls and built-in security. Designed to travel with children, the Nickelodeon Edition weighs less than 3 pounds and features entertaining and educational software designed to appeal to both kids and parents. To serve as a theft deterrent and in case it goes missing or is stolen, a 12-month subscription to Computrace LoJack for Laptops will be included with every Dell Inspiron Mini Nickelodeon Edition.

"As any parent can tell you, once you put a highly portable computer like the Dell Inspiron Mini Nickelodeon Edition in the hands of your kids, they don't want to put it down, let alone lose it altogether," said Mark Grace, Vice President of Consumer Business at Absolute Software. "That’s why we have collaborated with Dell to include a subscription to Computrace LoJack for Laptops on every Nickelodeon Edition sold. With this protection conveniently built in, parents can feel secure knowing that Computrace LoJack for Laptops will help keep their kids safe by making their computers unattractive to thieves."

How Computrace LoJack for Laptops by Absolute Software Works

Computrace LoJack for Laptops is powered by patented Computrace technology from Absolute. It 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.* When embedded in the firmware, Computrace can survive operating system re-installations, as well as hard-drive reformats, replacements and re-imaging. The technology is virtually undetectable and calls home to the Absolute Monitoring Center with location information. The Computrace Agent is activated by customers when they purchase a subscription for Computrace LoJack for Laptops ranging from 1-3 years.

All Absolute theft recovery solutions are backed by the efforts of the Absolute Theft Recovery Team. When a computer equipped with Computrace LoJack for Laptops is reported stolen, the Computrace Agent sends a silent signal over the Internet to the Absolute Monitoring Center, allowing the Absolute Theft Recovery Team to forensically mine the computer 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 recover the computer. Staffed by former law enforcement officers, the team finds stolen computers through their relationships with police departments around the world. With over 650 years of combined law enforcement experience, the Absolute Theft Recovery Team recovers an average of 85 stolen computers per week.

Availability

The Dell Inspiron Mini Nickelodeon Edition comes with a 12-month subscription to Computrace LoJack for Laptops. The netbook will be available in October in the United States at Dell.com and on Walmart store shelves and Walmart.com.

*For a list of computers with firmware support visit: www.absolute.com/firmware.

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About Absolute Software

Absolute Software makes security work. We empower mission-critical performance with advanced cyber resilience. Embedded in more than 600 million devices, our cyber resilience platform delivers endpoint-to-network access security coverage, ensures automated security compliance, and enables operational continuity. Nearly 21,000 global customers trust Absolute to protect enterprise assets, fortify security and business applications, and provide a frictionless, always-on user experience. To learn more, visit www.absolute.com and follow us on LinkedIn.

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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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