Absolute Delivers Endpoint Security for Android Devices

Vancouver, Canada: April 19, 2011 – Absolute® Software Corporation (“Absolute” or the “Company”) (TSX: ABT), the leading provider of firmware-based endpoint security and management solutions that reduce IT costs, prove regulatory compliance, respond to computer theft, and optimize productivity, announced that Computrace® Mobile for the Android platform will be generally available on May 3.

Computrace Mobile for the Android platform will provide organizations with:

• Reduced operational costs associated with managing Android devices using the detailed device data collected and reported within the Absolute Customer Center.
• Data and device security to protect the organization and comply with government data breach laws using remote Data Delete and Device Freeze capabilities.
• The ability to track and locate a device with Geotechnology* that includes geofencing and alerts if a device strays.

“With a growing number of non-traditional devices accessing our corporate network, the need to be able to track and secure these devices really is mission critical,” said Karl Yeager, Tier 2 IT Technical Support, Delray Plants. “With Computrace Mobile, we are able to know where these devices are and, more importantly, take the necessary action if a device is at risk.”

“Today’s organizations are challenged with managing multiple devices across multiple platforms. With the constant threat of sensitive data being compromised, IT departments require a solution that provides them with complete visibility into all of their devices, regardless of whether they are on or off the network,” said Stephen Midgley, vice president, global marketing at Absolute Software. “As IT departments add ultra-portable devices such as smart phones, tablets, and Netbooks into their deployment, they need to implement a layered approach to security that allows them to locate these devices and remotely secure them in the event of suspicious activity. Computrace Mobile delivers all of these capabilities.”

Computrace Mobile is supported on smartphones, tablets, and Netbooks running a variety of platforms including: Android 1.5 and later; Blackberry® Mobile versions 4.5 and later; Symbian S60 Third Edition and later; Windows Mobile® 5, 6, 6.1, 6.2, and 6.5; Windows® 7™; Windows® Vista™; Windows® XP®; Windows® 2000; Windows® Server 2008; and Windows® Server 2003. 

Absolute Software also provides Absolute Manage Mobile Device Management for the management of Apple® iOS devices (iPad™, iPhone®, iPod touch®).

*Geolocation is only performed with the prior consent of the device owner on corporate liable devices.

Computrace products are powered by the Absolute Software patented Computrace persistence technology. When embedded in the firmware of computers from leading computer manufacturers, Computrace can survive operating system re-installations, as well as hard-drive reformats, replacements and re-imaging, helping to ensure that the service is there when it’s needed most.* The Computrace Agent is virtually undetectable and calls home to the Absolute Monitoring Center with IT asset information including the physical location of each device. If a computer is reported stolen, the Absolute Theft Recovery Team works on behalf of the customer to gather evidence from the computer to identify where it is and who’s using it, then they work with local police to get the computer back.  Customers can also remotely delete data, freeze a device, and remotely retrieve files to secure the device (and the data it contains) – a reliable contingency when other data protection solutions fail.

*For a list of computers with firmware-embedded Computrace technology, visit www.absolute.com/.  

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Computrace Mobile for the Android platform will be made generally available in May 2011.

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.

©2019 Absolute Software Corporation. All rights reserved. ABSOLUTE and PERSISTENCE are registered trademarks of Absolute Software Corporation. Other names or logos mentioned herein may be the trademarks of their respective owners. For patent information, visit www.absolute.com/patents. The Toronto Stock Exchange has neither approved nor disapproved of the information contained in this press release.

Media and Analyst Relations
Jill Rosenthal, InkHouse
absolute@inkhouse.com or 781-966-4167

Investor Relations
Joo-Hun Kim, MKR Group
joohunkim@mkrir.com or 212-868-6760