Absolute Computrace has Helped Detroit Public Schools Recover Nearly 400 Laptops Since 2009
Vancouver, Canada: December 14, 2011 – Absolute® Software Corporation (“Absolute” or the “Company”) (TSX: ABT), the leading provider of firmware-embedded endpoint security and management solutions, has identified one of their largest education customers, Detroit Public Schools (DPS), as a national leader in using secure asset tracking software to help recover stolen educational technology equipment.
DPS was instrumental in successfully uncovering, dismantling, and prosecuting an organized crime ring with the help of Absolute Software’s Computrace® technology. As a result, police informed DPS that eight of the ten suspects charged with multiple crimes from several DPS schools have pleaded guilty, with two awaiting prosecution. The total value of stolen technology was over $150,000.
“We rely heavily on Absolute Computrace and its accurate tracking technology – which helped us recover nearly 400 laptops in the past two and a half years,” stated Wilbert V. Marsh, DPS Inspector General. “By knowing where these devices are, we are able to effectively enforce software policies, and protect any sensitive data if the device is lost or stolen. The persistent technology of Absolute Computrace allows it to rebuild itself and continue to operate even if a thief attempted to remove it from the computer. This reassures law enforcement that the tool will always be active. With our extremely high success rate, we will continue using this tracking tool.”
“The mobility of laptops within a school district definitely raises security and management issues for IT administrators,” says Ward Clapham, Vice President of Investigative and Recovery Services at Absolute. “Absolute Computrace equips IT and law enforcement with the right tracking tools to gain full visibility into their IT environment, including the whereabouts and status of their computers.”
How Computrace Technology Works
Computrace and LoJack® for Laptops 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 you need it most. Whether a PC or Mac, the software is virtually undetectable and phones home to the Absolute Monitoring Center with location and asset information. 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 the thief’s location, and then works with local police to get the computer back. Customers can also remotely delete data to help keep it out of the hands of unauthorized users – a reliable contingency in case data protection solutions fail. Computrace or LoJack for Laptops can be easily activated by customers when they install a license ranging from 1-3 years.
*For a list of computers with firmware-embedded Computrace technology, visit www.absolute.com.
About Absolute
Absolute empowers more than 12,000 customers worldwide to protect devices, data, applications, and users against theft or attack — both on and off the corporate network. With the industry’s only tamper-proof endpoint visibility and control solution, Absolute allows IT organizations to enforce asset management, security hygiene, and data compliance for today’s remote digital workforces. Absolute’s patented Persistence® technology is embedded in the firmware of Dell, HP, Lenovo, and 22 other leading manufacturers’ devices for vendor-agnostic coverage, tamper-proof resilience, and ease of deployment. See how it works at www.absolute.com and follow us at @absolutecorp.
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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For more information, please contact:
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