Over Six Million Users Depend Upon Absolute’s Mobile Theft Protection and Device Recovery Services Today
Vancouver, Canada: June 13, 2013 – Absolute® Software Corporation (TSX: ABT), the industry standard for persistent endpoint security and management solutions for computers, laptops, tablets and smartphone devices commends the proactive work of the State of New York’s Attorney General’s Office and the San Francisco District Attorney’s Office in convening the “Smartphone Summit” today in New York City.
According to the Federal Communications Commission, in New York City alone 40 percent of all robberies involve smartphones and other cell phones.*
"New York State Attorney General Eric Schneiderman and San Francisco District Attorney George Gascón should be applauded for their foresight and efforts today in addressing the alarming increase in mobile phone theft across America,” said John Livingston, CEO at Absolute Software. “The public needs to be protected and a proactive response is required to deter these thefts and the risk to public safety they represent. Unfortunately a growing number of these theft incidents involve violence as the victim may be held up at gun or knife point or physically assaulted. The solution already exists and Absolute is actively speaking with the AG and DA’s offices and working with law enforcement and partners such as Samsung to mitigate the risk associated with mobile device theft and the associated crimes. With Absolute’s unique stolen smartphone recovery service, those responsible for theft can be identified and held accountable – and there is no better deterrence than that.”
"We as a nation need to stop the current crime epidemic of smartphone theft,” stated Sean Burke, President at School Safety Advocacy Council and 25-year Law Enforcement Commander. “The recent partnership of Absolute Software and Samsung is a major step in that direction and will help protect our students.”
Absolute Software is the only company to offer persistence, a patented technology embedded into the firmware of computer, tablet and smartphone devices by the manufacturer. Once activated by the customer, it provides a trusted connection to the device even if it is wiped or factory reset. This allows only the legitimate owner a persistent connection to their device to be able to both recover their private property and maintain their data privacy.
*FCC, Announcement of New Initiatives to Combat Smartphone and Data Theft, April 10, 2012
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