Absolute Software Completes SOC 2 Type 1 Certification for NetMotion Platform

VANCOUVER, British Columbia and SAN JOSE, Calif. — February 28, 2022 — Absolute Software™ (NASDAQ: ABST) (TSX: ABST), a leader in self-healing Zero Trust solutions, today announced that it has successfully completed the System and Organization Controls (SOC 2) Type I audit for its NetMotion by Absolute secure access cloud platform. Absolute acquired NetMotion Software in July 2021.

A widely recognized auditing standard developed by the American Institute of Certified Public Accounts (AICPA), SOC 2 compliance confirms that Absolute’s NetMotion platform controls and processes meet AICPA's Trust Services Criteria, verified through a rigorous and independent audit.

Absolute’s secure access platform is specially designed for the remote workforce, combining resilient connectivity, Zero Trust Network Access (ZTNA), and experience monitoring capabilities. Available as a Software-as-a-Service (SaaS) offering, it enables organizations to provide remote access in a way that actively improves the employee experience and assures maximum security and uncompromised productivity.

"Our completion of the SOC 2 audit is a significant milestone, and underscores Absolute’s commitment to meeting rigorous security requirements and protecting sensitive data,” said John Knopf, SVP of Products, Zero Trust Network Solutions at Absolute. "With this independent validation of our internal systems and controls, our customers can feel even more confident using our cloud solutions to keep their distributed workforces connected, productive, and secure."

Absolute Software is an ISO 27001 Certified Organization, which provides independent validation that security controls are in place and operating effectively. This certificate validates that Absolute has implemented the guidelines and general principles for initiating, implementing, maintaining, and improving the management of information security.