Vancouver, Canada: March 12, 2014 – Absolute® Software Corporation (TSX: ABT), the industry standard for persistent endpoint security and management solutions for computers, laptops, tablets and smartphones, today announced it has received a favorable court ruling in patent litigation against World Computer Security Corp. and Front Door Software Corp. The court construed the disputed terms favorably to Absolute Software’s position.
In February 2014, the United States District Court for the Western District of Texas (Austin Division) issued a ruling that interpreted the claims of Absolute’s United States patents 6,244,758 and 6,300,863. These patents cover different aspects of an agent in an electronic device that transmits location information, such as one or more global communication links, to a remote host. As detailed in the patents, the agent may be programmed to operate automatically, silently and without visual signals, and may also evade detection.
In an attempt to bolster their non-infringement theories, World Computer Security Corp. and Front Door Software Corp. placed particular emphasis on certain terms. First, they sought to limit "one or more of the global network communication links” to the specific “traceroute” functionality, which is only one of many different embodiments described in Absolute’s patents. Similarly, they demanded that the “agent” be always stealthy, which represents only a subset of many different embodiments described in the patents. The Court rejected their proposed constructions. The Court has ordered the parties to meet and confer to attempt to settle the case.
“We are pleased by the court’s ruling and we remain committed to protecting – and when necessary – taking action to enforce our patent and intellectual property rights,” said Errol Olsen, Interim CEO at Absolute Software. “We have invested significant resources to design and market our unique endpoint technology, so it’s imperative that we assert our rights whenever we are challenged.”
Absolute Software currently holds 43 patents within the US, Canada, UK, Germany, Australia, Japan, Mexico and Russia, with 118 pending patent applications.
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