Absolute Warns Consumers of Highest Risk Areas for Computer Theft

Absolute Software Publishes the Top 10 Places Computers are Stolen from and Offers Holiday Special to Protect Consumers

Vancouver, Canada: December 15, 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 revealed today the top 10 target areas for the theft of mobile computers. The maker of LoJack® for Laptops, the leading anti-theft solution for consumers, also announced a special holiday offer on its consumer solution.

The top 10 list reveals that consumer computers are more likely to be stolen while at school or home, where families use their computers the most. The list is based on theft reports filed to the Absolute Theft Recovery Team by Absolute customers over a one-year period. With the holidays approaching, Absolute is warning that the risk of computers being stolen from the home is higher than what may be perceived by consumers.

“The trends in this list may surprise some computer owners. According to our experience, consumers think ‘it won’t happen to me’ and take chances. They often think of security issues only when they are on the move,” said Mark Grace, vice president of consumer business at Absolute Software. “However, with schools and residences topping the list of places computers are stolen, owners need to be extra cautious, particularly around the holidays when home burglaries often increase. LoJack for Laptops helps protect you from computer theft year-round. That’s why we are offering consumers a give one, get one free deal on LoJack for Laptops this holiday season.”

This holiday season, consumers can purchase a license of LoJack for Laptops and receive a second license for a friend or relative, free.* Computer owners can take advantage of this offer by visiting www.lojackforlaptops.com. Once activated, computer owners can access:

  • Geolocation – For day-to-day use (in non-theft scenarios), consumers can keep track of their computer on an internet-based map. Useful for customers who want to check if the computer’s location has changed while they are away from home.
  • Device freeze – If a computer is suspected to be simply lost and not stolen, customers can freeze their computer and display a custom message for whoever finds it. In addition, an unauthorized user cannot access the content on the computer, keeping private information safe in an effort to prevent identity theft.
  • Remote data delete – To protect their personal information, customers can choose to delete a pre-set group of files or all files, including the operating system.
  • Managed theft recovery – If a computer is stolen, the Absolute Theft Recovery Team will work with local law enforcement to recover it.

Top 10 Places Consumer Computers Are Stolen

  1. K-12 Schools
  2. Residential Properties
  3. Automobiles
  4. Businesses/Offices
  5. Universities and Colleges
  6. Hotels and Motels
  7. Restaurants and Cafes
  8. Stores and Shopping Malls
  9. Public Transit (includes taxis, buses, trains, etc)
  10. Airports (terminals, security checkpoints, storage areas and airport restaurants)

*Limited time offer. See www.lojackforlaptops.com for additional details and to purchase.

Mark Grace continued, “Last year, Absolute recovered over 5,000 computers, and assisted in the conviction of over 500 felons ranging from burglars to murderers. With LoJack for Laptops, consumers can strike back against crime. We protect more than 2 million consumers today, let us give you the same peace of mind - knowing your essential computing device and data are protected.”

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