Leading Analyst Firm Positions Absolute Software as a Visionary in Magic Quadrant
Absolute Software Included in Client Management Tools Magic Quadrant
Vancouver, Canada: February 6, 2012– Absolute® Software Corporation(“Absolute” or the “Company”) (TSX: ABT), the leading provider of firmware-embedded endpoint security and management solutions, announced today it has been positioned by Gartner, Inc. in the Visionaries Quadrant of the Client Management Tools Magic Quadrant. According to the report, “Visionaries have vision scores that reflect feature-complete products, and they show technology leadership in providing some life cycle management functions users have begun requesting, or will have an impact during the next year or two (as discussed in the Completeness of Vision section). A Visionary will have particular strengths in certain emerging areas (e.g., mobile device management, Mac management, appliances, SaaS or desktop virtualization), but may lack a fully mature life cycle management solution, a global market presence or brand recognition.”
For inclusion in the Magic Quadrant for Client Management Tools, vendor solutions were considered based on the following functions: Data/Settings Migration; Inventory; OS Deployment; Patch Management; Remote Control; Software Usage; SW Packaging & Distribution; Power Management. Mobile Device Management was another component, along with Application and Desktop Virtualization.
“To be positioned as a Visionary in Gartner’s Client Management Tools Magic Quadrant is an important milestone for Absolute,” states John Livingston, Chairman and Chief Executive Officer at Absolute Software. “We were not surprised to learn that our customers gave us top marks in support and product quality. These are the high standards we maintain for all of our persistent firmware-embedded endpoint security and management solutions.”
To learn more about Absolute Software and Gartner’s Client Management Tools Magic Quadrant, visitwww.absolute.com/gartner.
About the Magic Quadrant
Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings. Gartner research publications consist of the opinions of Gartner's research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.
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.