One of the Largest US School Districts Selects Absolute Software to Protect and Prove the Impact of Technology Used By Over 300,000 Staff and Students

Absolute Will Provide Security- and Cost-Conscious Administrators with Endpoint Resilience and Intelligence to Ensure Computing Devices are Deployed, Protected, and Effective

VANCOUVER, British Columbia – February 4, 2019 – Absolute (TSX: ABT), the endpoint visibility and control company, today announced the signing of a site license agreement to protect technology investments at one of the largest school districts in the United States. The cloud-based Absolute platform gives schools unparalleled endpoint resilience and intelligence through patented Persistence technology, which is embedded in the firmware of popular endpoints such as desktops, laptops, notebooks, and tablets. With Absolute activated on every device, administrators can now deploy and protect computing devices and the data stored on them for staff, administrators and students at all grade levels. As part of the agreement, Absolute will also provide powerful intelligence capabilities to the district’s schools via Student Technology Analytics to help measure and validate the positive impact of technology investments on student performance.

“Cost-conscious schools will struggle to provide the secure digital learning environments students need if they don’t have resilient controls to protect and deliver the benefits of technology investments,” said Christy Wyatt, Chief Executive Officer at Absolute. “For more than a decade, Absolute has been the platform of choice for hundreds of K12 schools providing a safe and effective technology-rich learning environment to develop tomorrow’s digital professionals. We are committed to making it easier for school districts, educators and staff to protect their investments, and bring safe digital learning initiatives to more students.”

Enabling Safe, Smart, and Secure Digital Learning

Only Absolute gives school districts the endpoint security, resiliency and intelligence to:

  • Protect a distributed pool of Windows, Mac and Chromebook devices from tampering, loss, theft, and cybersecurity threats without exposing private data;
  • Ensure resilient visibility and control to secure every endpoint device and the data on it—both in the classroom and in remote locations;
  • Reduce endpoint management, security, and compliance tasks by managing all assets via a single, comprehensive platform that automates repair of endpoint controls; and
  • Provide device usage data to prove the direct impact of technology usage on student performance to secure continued funding for technology investments.

The site license agreement was signed and recorded by Absolute during the fiscal quarter ended December 31, 2018.

Additional Information

For more information on Absolute’s solutions for K12 and higher education, please visit:
https://www.absolute.com/en/solutions/education

©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