Absolute Software Partners with InComm to Sell LoJack for Laptops Through Major U.S. Retailers
New Pre-paid Offering Expands LoJack for Laptops Retail Presence to Meet Growing Consumer Demand
Vancouver, Canada: May 31, 2012– Absolute® Software Corporation(“Absolute” or the “Company”) (TSX: ABT), the leading provider of firmware-embedded endpoint security and management solutions, announced today that it has partnered with InComm, a leading prepaid product and transaction services company. The partnership will make it easier for consumers to purchase subscriptions to the Company’s Computrace® LoJack® for Laptops software through prepaid subscription cards. Consumers are now able to purchase a 1-year standard subscription of LoJack for Laptops for $29.99 in retail stores throughout the United States.
“Our partnership with InComm capitalizes on the popularity and accessibility of gift cards to make it easier than ever for consumers to protect and secure their laptops,” noted Mark Grace, Vice President of Consumer Business at Absolute Software. “InComm’s impressive network of more than 250,000 retail locations, and its relationships with the world’s largest retailers, will allow us to expand our retail presence beyond consumer electronics stores. This partnership will pave the way for us to support more personal technologies, including mobile phones, tablet PCs and other ultraportable devices.”
LoJack for Laptops, powered by patented Computrace technology, is the industry’s leading computer theft recovery solution for home users. The software gives users the power to delete data, remotely lock, and locate lost computers and provides the only managed theft recovery service to recover stolen devices.
“LoJack for Laptops offers a unique and critical value proposition to consumers. Not only does the software help track lost or stolen laptops, but the Absolute Software Theft Recovery team works with police on the customer’s behalf to retrieve the stolen item,” said Dave Etling, Vice President of Product Development, Content at InComm. “With a proven track record of over 24,000 recoveries in 91 countries, we’re proud to partner with Absolute Software and make it easier for consumers nationwide to protect their devices.” For more information about LoJack for Laptops, or Absolute Software’s wide range of theft recovery and device management solutions, please visit:https://www.absolute.com.
InComm is a leading provider of cutting-edge prepaid products, services and transaction technologies to retailers, brands and consumers. InComm supports more than 250,000 retail locations in building prepaid card destinations, connects brands with new markets and gives consumers a simple, secure shopping experience. InComm stays ahead of emerging trends by analyzing market needs and leveraging its global, innovative commerce platform, go-to-market expertise and extensive partner relationships. With 113 global patents, InComm is headquartered in Atlanta and has offices in North and South America, Europe and the Asia-Pacific region. For more information, visit www.incomm.com or follow us on Twitter at www.twitter.com/incomm.
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 atwww.absolute.comand follow us at@absolutecorp.
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.