Absolute Software Announces Proactive Event-Specific Response Capabilities for Data and Device Security

July 30, 2014

Absolute Computrace Launches Event Calling – A Tailored Response to Potential Data Breaches and Security Incidents

Vancouver, Canada: July 30, 2014Absolute® Software Corporation (TSX: ABT), the industry standard for persistent endpoint security and management solutions for computers, laptops, tablets and smartphones, today launched Event Calling, a security feature supported by Absolute persistence technology.

Event Calling is available with Absolute Computrace® and allows customers to receive immediate alerts if an event they consider to be significant occurs. Absolute customers can design thousands of different conditions to trigger an alert, allowing them to tailor their security protocols to address the unique needs of their business. Some examples of conditions include if the device hardware or software is altered, if a device connects to a different network, changes location, or if a different user logs on to the device.

Event Calling is particularly relevant to organizations that must adhere to strict data security regulations such as the Health Insurance Portability and Accountability Act (HIPAA) for healthcare and broader reaching regulatory requirements such as Sarbanes Oxley, the Gramm-Leach-Bliley Act of 1999, and others.

Organizations bound by these regulations have strict policies in place to control corporate devices and the data they contain. If an unauthorized action or status occurs – for example if a device moves outside of a geographical location – it can be a prelude to a more serious security event. Event Calling will warn IT when a notable change occurs on the endpoint using a level of priority that is set by the customer. This early warning will allow IT to take proactive security measures using Computrace to remotely track, freeze, delete data, or recover data from the device.

Computrace allows organizations to persistently track and secure all of their endpoints within a single cloud-based console. Computers, tablets and smartphones can be remotely managed and secured (on or off the network) to ensure—and most importantly prove—that endpoint IT compliance processes are properly implemented and enforced.

“Event Calling provides our customers with a policy-based approach to regulatory compliance, risk management, and enterprise security. By prioritizing the alerting capabilities of Computrace, customers can focus immediate attention on the endpoint conditions they care about most,” said Geoff Haydon, CEO at Absolute Software. “For example, if a healthcare organization is alerted that a hospital device has left the property, IT has the ability to respond quickly to freeze the device and ensure no patient or other sensitive information is breached. Many of our customers rely on these workflows to prove compliance with corporate and government regulations.”

Availability

The Event Calling security feature Computrace is available today for desktop and laptop computers.

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About Absolute Software

Absolute Software makes security work. We empower mission-critical performance with advanced cyber resilience. Embedded in more than 600 million devices, our cyber resilience platform delivers endpoint-to-network access security coverage, ensures automated security compliance, and enables operational continuity. Nearly 21,000 global customers trust Absolute to protect enterprise assets, fortify security and business applications, and provide a frictionless, always-on user experience. To learn more, visit www.absolute.com and follow us on LinkedIn.

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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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