Absolute Software Completes SOC 2 Type 1 Certification for NetMotion Platform

February 28, 2022

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.

To learn more about the NetMotion by Absolute secure access product portfolio, visit www.netmotionsoftware.com.

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About Absolute Software

Absolute Software (NASDAQ: ABST) (TSX: ABST) is the only provider of self-healing, intelligent security solutions. Embedded in more than 600 million devices, Absolute is the only platform offering a permanent digital connection that intelligently and dynamically applies visibility, control and self-healing capabilities to endpoints, applications, and network connections - helping customers to strengthen cyber resilience against the escalating threat of ransomware and malicious attacks. Trusted by more than 18,000 customers, G2 recognized Absolute as a leader for the tenth consecutive quarter in the Summer 2022 Grid® Report for Endpoint Management and as a high performer in the G2 Grid Report for Zero Trust Networking.

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