Absolute Software Launches an Industry First with a Consumer Theft Recovery Solution for Android Smartphones

May 21, 2013

Available Soon for the Samsung GALAXY S4

Vancouver, Canada: May 21, 2013Absolute® 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.”

*FCC, Announcement of New Initiatives to Combat Smartphone and Data Theft, April 10, 2012

Availability

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.

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About Absolute Software

Absolute Software makes security work. We empower mission-critical performance with advanced cyber resilience. Embedded in more than 600 million devices, our cyber resilience platform delivers endpoint-to-network access security coverage, ensures automated security compliance, and enables operational continuity. Nearly 21,000 global customers trust Absolute to protect enterprise assets, fortify security and business applications, and provide a frictionless, always-on user experience. To learn more, visit www.absolute.com and follow us on LinkedIn.

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Forward-Looking Statements

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