New Bundle Package from Follett and Absolute Software Provides K-12 Districts with a Complete Asset Management Solution

With Teamed Products, Loss is Minimized as Customers can Track, Manage Valuable Technology Assets

MCHENRY, Ill., and VANCOUVER, Canada: July 9, 2013 – Loss of expensive technology tools can be a thing of the past for K-12 districts that use the new bundle package presented by Follett and Absolute® Software Corporation (TSX: ABT), the industry standard for persistent endpoint security and management solutions for computers, laptops, tablets and smartphones.

The new asset management solution allows K-12 districts to efficiently track, manage and secure all their valuable computers and mobile devices, and effectively support critical 1-to-1 student computer initiatives. By providing Follett’s Destiny® Asset Manager™ and Absolute Software’s Absolute Manage® for the first time in an exclusive bundle package, the two companies are offering a powerful combination – Destiny® Asset Manager™ IT powered by Absolute – that provides full accountability and cost-effective management over a large number of devices across a district’s digital learning environment.

Follett is the largest provider of educational materials and technology solutions to pre K-12 libraries, classrooms, learning centers and school districts in the United States. Absolute Software has been providing schools and other educational organizations with solutions to enable mobile student computing for two decades.

“We are very excited to be working with Absolute Software,” said Bruce Hamilton, program director at Follett. “Absolute Software has an excellent reputation for device management and complements our Destiny Asset Manager product. No other device management system handles the multitude of device types and operating systems from a single console like Absolute Manage. Coupled with the accountability and other management features that Destiny Asset Manager provides, it is a perfect fit and will benefit any school.”

“We are thrilled to partner with Follett to provide K-12 schools with the Destiny Asset Manager and Absolute Manage bundle,” said Abigail Maines, vice president business development at Absolute Software. “Together we are providing schools with the technology to securely manage all devices in their deployment while streamlining reporting processes."

To learn more about Destiny® Asset Manager™ IT powered by Absolute, call 800.323.3397 (or 815.344.8700 outside the U.S. and Canada) or visit www.follettsoftware.com/school-district-asset-tracking-software.

About Follett School and Library Group | www.follettlearning.com

Follett is the largest provider of educational materials and technology solutions to PreK-12 libraries, classrooms, learning centers and school districts in the United States, and a major supplier to educational institutions worldwide. Follett distributes books, reference materials, digital resources, eBooks and audiovisual materials, as well as pre-owned textbooks. Follett also is one of the leading providers of integrated educational technology for the management of physical and digital assets, the tracking, storing and analyzing of academic data, and digital learning environment tools for the classroom focusing on student achievement.

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