LoJack for Laptops Named Editors’ Choice by PC Magazine

August 11, 2011

Theft Recovery Software Receives 4.5 Stars; Rated Highest Against Competitive Solutions

Vancouver, Canada: August 11, 2011 – Absolute® Software Corporation (“Absolute” or the “Company”) (TSX: ABT), the leading provider of endpoint security and management solutions today announced that its consumer product, Computrace LoJack® for Laptops , has been named PC Magazine’s Editors’ Choice for laptop theft recovery software.

The PC Magazine Editors’ Choice honor is given to top rated products that have been thoroughly tested by the publication’s team of experienced reviewers. Computrace LoJack for Laptops received 4.5 out of a possible 5 stars, the highest rating among four other competitive solutions evaluated.

Computrace LoJack for Laptops was recognized not only for its sophisticated locate, lock, and delete functionality, but also for its unique ability to manage the theft recovery process and help consumers safely get back their stolen devices. According to Neil J. Rubenking, PC Magazine reviewer and lead analyst for security, “By using a dedicated Theft Recovery Team, Absolute Software avoids turning the user into a vigilante forensic data collector.” In addition, Computrace LoJack for Laptops was recognized for its ability to remain stealth and active on a laptop even after a device is wiped clean. “The persistence module lets [LoJack for Laptops] continue protecting the laptop after a hard drive reformat or replacement, something none of the competition can do,” Rubenking noted.

“We know how devastating laptop theft can be, and we take pride in knowing that our software has helped countless consumers all over the world to secure and get their devices back safely,” said Mark Grace, Vice President of Consumer Business, Absolute Software. “Recognition from PC Magazine, one of the industry’s top technology resources for consumers, only validates what we already know: LoJack for Laptops is the superior choice in its category.”

For consumers interested in protecting their laptops and data immediately, Absolute is offering a buy-one, get-one free discount* on standard and premium editions of Computrace LoJack for Laptops. For more information or to purchase LoJack for Laptops, please visit homeoffice.absolute.com.

* Limited time offer. Promotion expires on August 31, 2011.

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 support, visit www.absolute.com/.

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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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