Absolute Software Expands Alliance with Panasonic to Latin America

Since 2006 Panasonic and Absolute Software Have Partnered to Keep the
Panasonic Toughbook Secure

VANCOUVER, Jan. 29, 2013 /PRNewswire/ – Absolute® Software Corporation (“Absolute” or the “Company”) (TSX: ABT), the industry standard for
persistent endpoint security and management solutions for computers,
laptops and ultra-portable devices – and the data they contain, trusted Panasonic partner in North America since 2006, announced that
their strategic alliance with Panasonic for their Toughbook® line, the world leader in rugged laptops, will be
expanded throughout Latin American markets.

Now Absolute Software products are available through Panasonic’s Latin
America sales channels including:

        --  Absolute Computrace®allows
            organizations to centrally track and secure all of their
            endpoints within a single cloud-based console, enabling the
            Panasonic Toughbook to be remotely managed and secured
        --  Absolute Manage
            provides IT with the ability to remotely manage and secure all
            of their endpoints from a single console, including PC, Mac,
            iOS, Android, and Windows Phone devices
        --  Absolute Secure Drive
            allows IT administrators to  easily configure and set up each
            SED. Using the Absolute Secure Drive console, they can
            administer users, authentication methods, policies, and system
            maintenance through to end-of life

“Since 2006 we have partnered with Panasonic to provide solutions to
manage and secure the Panasonic Toughbook,” stated John Livingston,
Chairman and CEO at Absolute Software. “We are pleased to expand this
important alliance to include the Latin America market.”

“The expansion of Absolute Software technology in addition to Toughbook
solutions, satisfies the needs of our markets in the Latin American
region, so enterprises can count on a combined solution to protect
corporate data and track devices, further protecting their investment
in Toughbook technologies.” said Patricia Fernández, Toughbook Business
Development Manager for Latin America, Panasonic.

About Absolute Software

Absolute Software Corporation (TSX: ABT) is the industry standard in
persistent endpoint security and management for computers, laptops and
ultra-portable devices. The Company, a leader in device security and
management tracking for more than 18 years, has over 30,000 commercial
customers worldwide. Positioned as a Visionary vendor in Gartner,
Inc.’s Magic Quadrant for Client Management Tools, Absolute’s solutions
– Computrace, Absolute Manage, Absolute Service, Absolute Secure Drive,
and Computrace LoJack for Laptops – provide organizations with
actionable intelligence to prove compliance, securely manage BYOD,  and
deliver comprehensive visibility and control over all of their devices
and data. The Company’s Computrace persistence technology is embedded
in the firmware of computers, netbooks, and tablets by global leaders,
including Acer, ASUS, Dell, Fujitsu, HP, Lenovo, Motion, Panasonic,
Samsung, and Toshiba, and the Company has reselling partnerships with
these OEMs and others, including Apple. For more information about
Absolute Software, visit www.absolute.com.

SOURCE Absolute Software Corporation