Absolute Software Launches an Industry First with a Consumer Theft Recovery Solution for Android Smartphones
Available Soon for the Samsung GALAXY S4
Vancouver, Canada: May 21, 2013 – Absolute® Software Corporation (TSX: ABT), the industry standard for persistent endpoint security and management solutions for computers, laptops and ultra-portable devices today announced it is first to market with a consumer theft recovery solution for Android smartphones.
This solution is the result of the Absolute Software and Samsung global partnership announced in early April 2013. Samsung has embedded patented Absolute persistence technology into select Samsung GALAXY devices starting with the Samsung GALAXY S4.
Leveraging the same Absolute persistence technology used in LoJack for Laptops, once installed and activated it cannot be removed even if the device is restored to factory settings. When a protected Samsung GALAXY S4 is stolen, the Absolute Investigations and Recovery Services team will work with law enforcement globally to get the device back. Users can also remotely lock, locate their device or delete sensitive files to prevent identity theft.
Smartphone theft is on the rise, more than 40 percent of all robberies in New York City involve smartphones and other cell phones. Other major US cities have similar statistics, with robberies involving cell phones comprising 30-40 percent of all robberies.*
“Absolute’s unique approach to investigations and theft recovery is exactly what is needed to solve this serious epidemic of smartphone and mobile device theft that is sweeping across our nation,” stated Sheriff Leon Lott, Sheriff, Richland County, South Carolina Sheriff’s Department.
“With the rapid growth of smartphone use, mobile theft has increased extensively putting consumers at personal risk. I am thrilled we can provide consumers with a solution to address this serious issue,” said Mark Grace, Vice President, Consumer at Absolute Software. “With our consumer theft recovery solution installed and activated on Samsung GALAXY S4s, users can rest assured that their device can be recovered in the event it is stolen with the help of the Absolute Investigations and Recovery Services team, which has assisted in more than 29,000 successful recoveries in 98 countries.”
The consumer theft recovery solution for Android smartphones will be available early this summer starting at $29.99 with several subscription options ranging from one year up to four years.
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.