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Absolute Software to Integrate Computrace With Qualcomm's Gobi Global Mobile Internet Solution

Posted on: Tuesday, 1 April 2008, 09:00 CDT

LAS VEGAS, April 1 /PRNewswire-FirstCall/ -- CTIA Wireless Show: Absolute(R) Software Corporation ("Absolute" or the "Company") (TSX: ABT), the leading provider of firmware-based, patented, Computer Theft Recovery, Data Protection and Secure Asset Tracking(TM) solutions today announced plans to adapt Computrace(R) to work with Qualcomm's Gobi(TM) mobile Internet and GPS solution platform. Absolute will demonstrate its services delivered over the Gobi platform at Qualcomm's booth number 1948, Mobile Enterprise Partner Pod, during the CTIA Wireless Show April 1, 2 & 3. This solution will provide enterprises with real-time communications between mobile notebook computers and Absolute's Computrace asset management and security services. The multi-mode capability of the Gobi platform provides enterprises with the flexibility to use Absolute's services on the regional mobile carrier of their choice.

"Absolute continues to build strategic relationships with industry leaders who we believe can help drive adoption of our products and deliver added value to our customers," said John Livingston, Chairman and CEO of Absolute Software. "Qualcomm's Gobi platform is a major step towards anytime, anywhere Internet connectivity on a worldwide basis. As a result, our development of Computrace to work with this platform will enhance the reach of our data delete, theft recovery and asset tracking service capabilities, as well as the speed with which those solutions can be deployed."

Gobi global mobile Internet is a built in solution for notebook computers. Mobile computers featuring the technology can take advantage of high-speed mobile Internet services from network operators in virtually all parts of the world. By adapting Computrace to work with the Gobi solution, time-sensitive operations such as IT audits and remote data delete commands may be carried out on a real time basis - regardless of the computer's location. Computrace customers will also gain access to GPS data for enhanced location determination.

Dave Johnson, Director of IT Strategic Services for Absolute customer Grant Thornton-US, sees value for enterprise customers. "Grant Thornton appreciates Qualcomm and Absolute working to bring improved mobility and security to enterprise customers. Qualcomm's Gobi offering is the type of product that will pave the way for enterprise customers like Grant Thornton to take advantage of broadband wireless without the restriction of being locked into a single carrier - making worldwide connectivity a reality," said Johnson. "Being able to use Absolute's Computrace services with Gobi will provide enterprises with the added security they need to increase mobility on a global scale while also improving protection for mobile client data."

How Computrace Solutions Work

The Computrace(R) Software Agent that powers Absolute Software's solutions is embedded in the BIOS of computers from the world's leading computer manufacturers.(1) It can be activated by customers when they purchase a subscription with terms ranging from one to four years.

When a computer equipped with Computrace is reported stolen, Computrace sends a silent signal over the Internet to Absolute's Monitoring Center, providing critical location information. Absolute then works with local law enforcement to help recover the computer. To date, Absolute has recovered more than 5,000 lost or stolen computers on behalf of its customers.

For more information on Absolute Software and its range of Computer Theft Recovery, Data Protection and Secure Asset Tracking(TM) solutions, please visit http://www.absolute.com/ or http://www.lojackforlaptops.com/.

(1) For a complete list of BIOS-supported computers visit http://www.absolute.com/BIOS. About Absolute Software

Absolute Software Corporation (TSX: ABT) is the leader in Computer Theft Recovery, Data Protection and Secure Asset Tracking(TM) solutions. Absolute Software provides organizations and consumers with solutions in the areas of regulatory compliance, data protection and theft recovery. The Company's Computrace(R) software is embedded in the BIOS of computers by global leaders, including Dell, Fujitsu, Gateway, General Dynamics Itronix, HP, Lenovo, Motion, Panasonic and Toshiba, and the Company has reselling partnerships with these OEMs and others, including Apple. For more information about Absolute Software and Computrace, visit http://www.absolute.com/.

Forward-Looking Statements

This press release contains forward-looking statements that involve risks and uncertainties. These forward-looking statements relate to, among other things, the expected performance of our services and products as well as those of Qualcomm, 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.

(C)2008 Absolute Software Corporation. All rights reserved. Computrace and Absolute are registered trademarks of Absolute Software Corporation. "Qualcomm" is a registered trademark of Qualcomm, Incorporated. "Gobi" is a trademark of Qualcomm, Incorporated. Computrace U.S. patents # 5,715,174, # 5,764,892, # 5,802,280, # 5,896,497, # 6,244,758, # 6,269,392, # 6,300,863, and # 6,507,914. Canadian patents # 2,284,806 and # 2,205,370. U.K. patents # EP793823 and # GB2338101. German patent # 695 125 34.6-08. Australian patent # 699045. The Toronto Stock Exchange has neither approved nor disapproved of the information contained in this news release.

Absolute Software Corporation

CONTACT: Public Relations: Leslie Campisi, Affect Strategies,leslie@affectstrategies.com or (212) 398-9680 x144; Investor Relations: DaveMason, CFA, The Equicom Group, dmason@equicomgroup.com or (416) 815-0700 x237

Source: PRNewswire-FirstCall

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