Absolute Software Announces Persistent Endpoint Security for Lenovo ThinkPad Tablet

July 26, 2011

Computrace Persistence Technology Embedded Into Tablet Firmware

Vancouver, Canada: July 26, 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, today announced the Computrace® persistence module has been embedded into the firmware of the new Lenovo ThinkPad Tablet .

As a direct result of this technology collaboration, built upon past market success, Lenovo and Absolute customers can now maintain a constant connection back to each tablet in their deployment.  This revolutionizes the concept of endpoint security, enabling joint customers to perform remote security and administrative functions on a ThinkPad Tablet regardless of who is using it or where it is located.

“Lenovo has been our partner and contributor to many significant Absolute milestones, most importantly the initial launch of Computrace persistence technology in 2005.  So it is extremely fitting that in 2011 Lenovo is our partner in providing the same reliable, persistence technology for Android devices,” said John Livingston, Chairman and Chief Executive Officer at Absolute Software.  “The ThinkPad Tablet from Lenovo will be the first Android tablet with Computrace persistence technology embedded in the firmware.  We see this as a significant advantage in the market since no other mobile device management or security vendor can provide this capability. “

“We’ve designed our ThinkPad Tablet to give  customers a business-class tablet  that can be persistently managed and secured to keep customers’ data safe,“ said Tom Butler, director, ThinkPad Marketing, Lenovo.  “By working with Absolute Software, we’re bringing the same level of high manageability and security found in our ThinkPad laptops to tablets.”

How Computrace Technology Works

Computrace products are powered by the Absolute Software patented Computrace persistence technology. When embedded in the firmware of computers and tablets 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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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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