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Absolute Software Releases Top Security Trends in 2012 Endpoint Security Report

September 4, 2013

The Absolute 2012 Endpoint Security Report Shares Data Security Trends
and Information From 12,000+ Stolen Device Investigations Around the
World

VANCOUVER, Sept. 4, 2013 /PRNewswire/ – Absolute® Software Corporation (TSX: ABT), the industry standard for persistent endpoint security and
management solutions for computers, laptops, tablets and smartphones,
today released the second annual Absolute Endpoint Security Report.

The report is a follow-up to the 2011 Computer Theft Report, expanded to
include trends in data protection undertaken by Absolute customers in
calendar year 2012. Data protection details include data recovered and
deleted as well as the types of encryption employed.

“Data protection continues to be a priority for our customers,” said
John Livingston, CEO at Absolute Software. “In 2012 our customers
performed over 6,440 data delete commands, an increase of 34% from
2011. This focus on data security speaks to the needs of our corporate
customers to safeguard against data breaches and to satisfy compliance
requirements by government and corporate regulatory bodies.”

Additional information in the report compares statistics from device
theft in 2011 with successful theft recovery investigations that
occurred in 2012. Interesting changes include:

        --  Device theft increased in Chicago and Washington DC, although
            Chicago maintained its first place position as the #1 city for
            device theft
        --  Houston, Boston, Detroit, and Los Angeles all saw theft rates
            decline
        --  The United States continues to top the report as the country
            with the highest number of reported thefts

“In 2012, the Absolute Investigations and Recovery Services team
successfully recovered over 12,700 stolen devices,” said Ward Clapham,
Vice President, Investigation and Recovery Services at Absolute
Software. “The mobility of the end user is a definite trend we’ve
observed, with many recoveries occurring in a different country – and
even a different continent – from where the device was originally
stolen. This geographical expansion allowed us to hit a team milestone
in mid-2013, with the inclusion of Kosovo for a total of 103 countries
where we’ve effected the successful recovery of a stolen device.”

Availability

A copy of the report is available at: http://www.absolute.com/en/resources/whitepapers/endpoint-security-report-2012

About Absolute Software

Absolute Software Corporation (TSX: ABT) is the industry standard in
persistent endpoint security and management for computers, laptops,
tablets and smartphones. The Company, a leader in device security and
management tracking for 20 years, has over 30,000 commercial customers
worldwide. 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. Absolute is positioned
on two Gartner, Inc. Magic Quadrants – the Magic Quadrant for Client
Management Tools and the Magic Quadrant for Mobile Device Management
Software. Absolute is one of only four vendors to be recognized on both
Magic Quadrants based on providing customers with the ability to secure
and manage many different types of devices using a single solution.
Absolute persistence technology is embedded in the firmware of
computers, netbooks, tablets and smartphones 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.

This press release contains forward-looking statements that involve
risks and uncertainties. These forward-looking statements relate to,
among other things, the expected performance, functionality and
availability of our services and products, and other expectations,
intentions and plans contained in this press release that are not
historical fact. When used in this press release, the words “plan,”
“expect,” “believe,” and similar expressions generally identify
forward-looking statements. These statements reflect our 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 you should
understand that we cannot assure you that the forward-looking
statements contained in this press release will be realized.

©2013 Absolute Software Corporation. All rights reserved. Computrace and
Absolute are registered trademarks of Absolute Software Corporation.
LoJack is a registered trademark of LoJack Corporation, used under
license by Absolute Software Corporation. LoJack Corporation is not
responsible for any content herein. U.S. patents No. 5,715,174, No.
5,764,892, No. 5,802,280, No. 5,896,497, No. 6,087,937, No. 6,244,758,
No. 6,269,392, No. 6,300,863, No. 6,507,914, No. 7,818,557, No.
7,818,803, No. 7,945,709, No. 8,062,380, No. 8,234,359, No. 8,241,369,
No. 8,307,055, No. 8,332,953, No. 8,346,234, No. 8,362,901, No.
8,418,226, No. 8,419,806, No. 8,441,348 and No. 8,510,825. Canadian
patents No. 2,211,735, No. 2,284,806, No. 2,205,370 and No. 2,771,208.
U.K. patents No. EP0793823, No. GB2298302, and No. GB2338101. German
patent No. 69512534. Australian patent No. 699045. Japanese patent No.
4067035. Mexican patent No. 297,406. Russian patent No. 2,460,220. The
Toronto Stock Exchange has neither approved nor disapproved of the
information contained in this news release.

SOURCE Absolute Software Corporation


Source: PR Newswire