Absolute Showcases Mobile Device Management and Security at Gartner Symposium/ITxpo

Absolute Shows Off Anticipated iOS4 Management, Enhanced BlackBerry, Symbian and Windows Mobile Solution

Orlando, Fla. and Vancouver, Canada, October 20, 2010 - Absolute® Software Corporation ("Absolute" or the "Company") (TSX: ABT), the leading provider of firmware-based, patented, computer theft recovery, data protection and secure computer lifecycle management solutions, announced today that it is showcasing the management and security of popular mobile devices, including locating, locking and wiping Apple® iOS4, BlackBerry®, Symbian and Windows® Mobile devices, using its Computrace® and Absolute Manage solutions during the Gartner Symposium/ITxpo in Orlando, Florida.

The consumerization of IT has seen popular mobile devices integrated into the workday more than ever before. Absolute's computer lifecycle management solutions are purpose-built for IT administrators to track, manage and protect mobile devices and PC and Mac® computers from within a single intuitive management console accessible from both PC and Mac environments.

"We have been seeing organizations limiting the use and deployment of popular consumer mobile devices because of data leakage concerns from device loss and theft. One of our customers even passed on buying 2,000 iDevices because they could not effectively manage and secure them," said Bill Hunka, Area Vice President of Business Development at Absolute. "But with our manage, locate, lock and wipe abilities, customers can now feel confident in achieving the cost savings and competitive advantages from allowing employees to leverage these popular mobile devices. We will continue to add support for new device platforms to ensure customers can seamlessly manage and secure their expanding cross-platform environments."

To show that IT administrators need not avoid popular mobile devices in the workplace due to their inability to manage and secure them, experts from Absolute are on hand at the Gartner Symposium/ITxpo to showcase Absolute Manage and Computrace. Highlights include:

Management and security of Apple iOS4 devices from within the comprehensive Absolute Manage computer lifecycle configuration management suite. This solution can gather hardware and software information, lock and wipe a device, manage and deploy profiles, and deploy in-house applications.

Geofencing and data protection on BlackBerry, Symbian and Windows Mobile devices using the Computrace tracking and recovery solution. Computrace allows organizations to locate devices and expand their security perimeter to secure and manage all of these devices.

Location details: Gartner Symposium/ITxpo in Orlando, Florida. Booth 702.

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