Security Industry Veteran Todd Chronert Joins Absolute to Lead Enterprise Sales for the Americas

Former RSA executive to spearhead Absolute’s enterprise sales and partner programs

VANCOUVER, Canada and AUSTIN, Texas: February 7, 2017Absolute, the self-healing endpoint security company, today announced that Todd Chronert has joined Absolute as Vice President of Americas Sales.

Chronert joined Absolute in January 2017 to lead and evolve the company’s sales strategies with a focus on expanding the company’s reach into large enterprise opportunities. He will be responsible for managing the direct and indirect sales effort across the Americas, expanding the partner program and executing against key corporate growth initiatives.

“There are thousands of vendors vying for the attention of a finite number of buyers; the solutions that win add exponential value over their legacy controls, help them prove the value and compliance of existing investments, and boost staff productivity. I joined Absolute because that is exactly what we do,” said Chronert. “Its world-class leaders, talent and advisers have cracked the code on self-healing endpoint security to keep pace with the evolving threat landscape.”

Chronert has 20 years’ experience in the IT market in the US and abroad. He joins Absolute after 10 years leading domestic and international sales teams at RSA, most recently serving as Vice President of Global Channel Sales where he was responsible for the development, implementation and execution of RSA’s Global Channel Sales strategy. Chronert also was COO of RSA’s EMEA business and AVP of RSA’s US Commercial sales business. Prior to RSA, Chronert worked at Silicon Graphics, Cisco Systems, Netscaler and Ramp Networks.

“Todd is one of the information security industry’s most accomplished field leaders. We’re thrilled to have him join the Absolute team,” said Geoff Haydon, Chief Executive Officer, Absolute. “He has an exceptional track record of developing and driving high-performing global sales teams, and building productive and enduring enterprise customer partnerships. Absolute will benefit greatly from his leadership.”

About Absolute

Absolute takes a new approach to cybersecurity with the first self-healing endpoint security solution that delivers uncompromised visibility and offers near real-time remediation of breaches at the source. Absolute’s cloud-based platform puts IT and security professionals in total command of devices, data and applications — whether on or off the network — to enhance IT asset management, protect sensitive data, reduce insider threats, and ensure compliance. Absolute's patented Persistence technology is embedded in the firmware of more than one billion PC and mobile devices from global manufacturers including Acer, ASUS, Dell, Fujitsu, HP, Lenovo, Microsoft, Panasonic, Samsung, and Toshiba. Absolute is headquartered in Vancouver, Canada, and has offices around the world. For more information, visit www.absolute.com.

©2017 Absolute Software Corporation. All rights reserved. Absolute and Persistence are registered trademarks of Absolute Software Corporation. For patent information, visit www.absolute.com/patents. The Toronto Stock Exchange has neither approved nor disapproved of the information contained in this news release.

For more information, please contact:

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Darah Patton, InkHouse
absolute@inkhouse.com or 1 317 695 5630

Investor Relations
Joo-Hun Kim, MKR Group
joohunkim@mkrir.com or 1 212 868 6760