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Absolute Software Adds New Board Member

March 03, 2014

Sal Visca, former Chief Technology Officer at Business Objects and SAP, to join Board

Vancouver, Canada: March 3, 2014 – Absolute® Software Corporation (TSX: ABT), the industry standard for persistent endpoint security and management solutions for computers, laptops, tablets, and smartphones, today announced that Sal Visca has been appointed to the company’s Board of Directors.

“Sal has an amazing depth of technology and business expertise, and we are delighted that he is joining Absolute’s Board of Directors,” said Errol Olsen, Interim CEO at Absolute Software.

Mr. Visca has held the position of Chief Technical Officer at Elastic Path Software, a privately held ecommerce software company located in Vancouver, BC, Canada, since 2011. From 2005 to 2008, Mr. Visca was Chief Technology Officer at Business Objects SA, an enterprise software company specializing in business intelligence. When Business Objects was acquired by SAP in 2007, Mr. Visca transitioned to Chief Technology Officer for the SAP Technology Development Group until 2010.

Previously, Mr. Visca held a number of leadership positions within Infowave Software Inc. including Member of the Office of the President, Chief Technology Officer, and VP of Engineering.

“I am thrilled to join the Absolute board and participate in such an exciting growth phase for the company,” Mr. Visca said. “Absolute Software has built a solid foundation as a global leader in endpoint security and management technology and I look forward to working with the board and contributing to the future direction of the company.”

Mr. Visca graduated with honors from the University of Western Ontario with a Bachelor of Science in Computer Science.

In addition to Mr. Visca, Absolute’s Board of Directors consists of Daniel P. Ryan, CEO of RedBrick Health; J. Ian Giffen, former Vice-President, Finance and Chief Financial Officer at Alias Research Inc.; Terry Libin, President of Highfield Development Ltd.; Gregory Monahan, Managing Director of Crescendo Partners, L.P.; Ian Reid, President of Rastus Holdings Ltd.; and Eric Rosenfeld, President and Chief Executive Officer of Crescendo Partners, L.P.

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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

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.

For more information, please contact:

Media Relations
Joe Franscella
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Financial Services