Absolute Names Lynn Atchison to Board of Directors

August 08, 2019

VANCOUVER, British Columbia – August 8, 2019Absolute (TSX: ABT), the leader in endpoint resilience, today announced Lynn Atchison has joined Absolute's Board of Directors effective as of August 7, 2019. Ms. Atchison will also serve on the Audit Committee of the Board.

“I am very pleased to welcome Ms. Atchison to the Board,” said Daniel P. Ryan, Chairman of the Board of Directors at Absolute. “Lynn is an accomplished financial executive with significant experience leading high-growth technology companies. The Board and Absolute will benefit from her unique perspective.”

Ms. Atchison is a seasoned technology executive with more than three decades of financial and operational leadership, and currently serves on the boards of Q2 Technologies, Convey, and RealMassive. She is also a member of original steering committee for Women@Austin and an Advisory Board Member of Philanthropitch.

“$134 billion is being spent in information security this year, and yet 70 percent of the breaches still originate at the endpoint. Absolute is proving that organizations need to shift from simply addressing their security posture, but instead pivot to bolstering their endpoint resiliency,” said Christy Wyatt, chief executive officer at Absolute. “Lynn’s experience as a director, as well as her expertise with high growth SaaS and subscription businesses, including guiding HomeAway through its largest period of growth, will be invaluable as we head into this exciting next chapter of Absolute’s story.”

Most recently, Ms. Atchison was the CFO of Spredfast, Inc., a provider of enterprise social media management software. Prior to that, she served as the CFO of the online vacation rental marketplace HomeAway, Inc. from August 2006 until March 2016. During her tenure at HomeAway the business grew from $10 million to over $500 million in revenue. Ms. Atchison oversaw over 20 acquisitions, expansion into Europe, South America, and Australia, and an IPO on the NASDAQ in June 2011. Ms. Atchison was also instrumental in the sale of HomeAway to Expedia in December 2015 for $3.9 billion.

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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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