Energy Savings? Only 17% of Non-IT Employees Turn Off Laptops When Not in Use

Absolute Software Makes Implementing Computer Power Management Programs Simpler

Vancouver, Canada: May 18, 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 today released a new suite of tools for public and private sector organizations who are attempting to implement energy savings programs. Included in the toolkit are: a computer power management policy guide, intuitive power savings calculator and a 60-minute webinar featuring a Gartner lifecycle management expert and a school district that has reduced its computer-related power consumption by 79%.

Organizations continue to feel the financial crunch as they slowly come out of the recession and need to find ways to save money in IT operations. Simply by turning off computers and monitors at the end of the day, organizations can see significant savings in energy expenditures – money that can be leveraged elsewhere. Yet, according to a recent Ponemon Institute study, only 17% of non-IT employees always turn off their laptop when it is not in use.*

"Much attention on power consumption has focused on the data center, but PC power consumption in an organization also can be significant," said Charles Smulders, Vice President at Gartner. "According to our 2009 study, organizations that are actively employing power management functionality can expect to save $43,300 per year, compared with unmanaged organizations."**

According to Kurt von Schwedler, network administrator at Bensalem School District, "Here at Bensalem, we cut our computer energy usage by 79%, saving an estimated $53,000 a year. These savings came out to be greater than the cost of the Absolute Manage software!"

Additionally, organizations that buy carbon offsets can see a further reduction in costs. According to the U.S. Department of Energy, approximately 1.34 pounds of carbon dioxide are released into the atmosphere per kilowatt hour of electricity consumed. *** With a robust power management plan in place, organizations can see a dramatic reduction in their energy consumption, their carbon footprint, and therefore their carbon offset costs.

"Power management is an easy and effective initiative that organizations can undertake to lower costs associated with running computers. The energy savings that can be obtained are substantial," said Peter Frankl, Vice President of Lifecycle Management at Absolute. "For example, an enterprise with 1,000 desktop computers and 200 notebook computers can expect to spend over $107,000 annually to run their computers. By implementing a basic power management program, they can reduce that to just over $72,000 – a savings of over $34,000 in the first year alone."

The Toolkit

  • ROI calculator - Gives an instant snapshot of energy savings made possible with the implementation of a computer power management program
  • On-demand webinar - Features Terry Cosgrove from Gartner, as well as Bensalem School District and how they are using Absolute Manage and its Power Management capabilities.
  • Free Policy Guide - A “how to” guide on implementing a new computer power management program.\

These and other helpful resources can be downloaded free of charge at: https://www.absolute.com/power.

*Ponemon Institute, The Human Factor in Laptop Encryption, 2010
**“Gartner Says PC Power Management Activation Can Save a 2,500-PC Organization More Than $40,000 a Year”, February 9, 2009 http://www.gartner.com/it/page.jsp?id=878912
***Department of Energy, http://www.eia.doe.gov/electricity/page/co2_report/co2report.html

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.

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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