New Patent Reinforces the Value of Absolute Persistence Technology and Strengthens Governance, Risk Management and Compliance Solutions Offering
Vancouver, Canada: April 11, 2013 – Absolute® Software Corporation (TSX: ABT), the industry standard for persistent endpoint security and management solutions for computers, laptops and ultra-portable devices announced today it has been issued patent No. 8,418,226, dated April 9, 2013, by the United States Patent and Trademark Office for a persistent servicing agent.
The patent covers a persistent servicing agent installed in the read-only memory (ROM) in any electronic device to enable and assure the provision of various (data and device) services, including but not limited to data deletion, firewall protection, data encryption, location tracking, message notification and updating software. The patent also incorporates the method of automatic notification that all of the data has been remotely wiped from the device, an essential data protection solution that our customers rely upon to prove compliance with data breach notification laws.
"As the inventor of remote data delete and persistence technologies, the issuance of this patent reinforces the value of Absolute's solutions as a means to help ensure the endpoint security and management best practices that our enterprise customers demand," said John Livingston, Chairman and CEO of Absolute Software. "As organizations grapple with the challenges of mobility, only Absolute's patented persistence technology provides enterprises with comprehensive visibility and control over their entire device population, regardless of location or device type."
This patent further enhances Absolute's Intellectual Property portfolio. Absolute now has 31 patents issued and 121 patents pending covering a broad range of endpoint (device and data) security and management technology invention and innovation including, but not limited to: tamper resistant mobile device tracking, remote data deletion, firmware and BIOS agent persistence, automatic notification and alerting system for stolen devices coming online, device theft protection and device theft recovery. For a list of Absolute's issued patents visit our Patents & Intellectual Property page.
Absolute Persistence is built into the BIOS and firmware of leading OEMs and has been shipped on more than 1 billion devices worldwide. Learn more about Absolute Persistence.
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.
©2019 Absolute Software Corporation. All rights reserved. ABSOLUTE and PERSISTENCE are registered trademarks of Absolute Software Corporation. Other names or logos mentioned herein may be the trademarks of their respective owners. For patent information, visit www.absolute.com/patents. The Toronto Stock Exchange has neither approved nor disapproved of the information contained in this press release.
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