Absolute Appoints Distinguished Security Expert and Technologist Dr. Nicko van Someren as Chief Technology Officer

Veteran technology executive joins the leader in Enterprise Resilience

VANCOUVER, British Columbia – March 5, 2019 – Absolute (TSX: ABT), the leader in endpoint resilience, today announced the appointment of Dr. Nicko van Someren as the company’s new Chief Technology Officer. In this role, van Someren will oversee the direction and strategic vision of Absolute’s product architecture and security roadmap with a focus on helping organizations manage, monitor and protect their endpoint infrastructure.

“Cybersecurity has become an essential but evolving global issue with billions of dollars invested every year, yet organizations are still struggling to protect their environments, devices, data, users and applications,” said Christy Wyatt, Chief Executive Officer at Absolute. “As an industry, we need to offer practical innovations that secure ecosystems without creating systemic challenges. With two decades of experience, Nicko van Someren has been successfully guiding the development of critical security platforms. We’re excited to see how his proven experience will elevate our Persistence technology, along with our resilience and intelligence capabilities to remedy ineffective security investment and secure the endpoints of organizations of all sizes.”

“Security has evolved enormously over the past 20 years, with the rise of nation-state threats, digital transformation of the enterprise and increasing severity of data breaches,” said Nicko van Someren, Chief Technology Officer at Absolute. “Absolute is fighting to ensure organizations’ endpoints remain resilient despite these ever-present security risks. I am looking forward to continuing to strengthen the security of Absolute’s offering and laying the groundwork for the future of the Company’s security technology.”

Van Someren has more than two decades of experience leading, developing and bringing to market disruptive security technologies, for start ups to public companies alike. Prior to his role at Absolute, van Someren served as Chief Security Officer and Chief Information Officer at nanopay, Inc, a financial services technology company where he was responsible for all security and IT operations. Van Someren has also served as Chief Technology Officer at the Linux Foundation, Good Technologies (now a part of BlackBerry) and nCipher (listed on the London Stock Exchange, recently acquired by Entrust Datacard), as well as the Chief Security Architect at Juniper Networks. He also serves as an advisor to numerous startups and security businesses.

For more information about Absolute, please visit www.absolute.com.

©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