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Absolute Software Announces Collaboration and Support for Intel(R) Anti-Theft Technology for Next Generation Notebooks

Posted on: Wednesday, 2 April 2008, 09:00 CDT

VANCOUVER, April 2 /PRNewswire-FirstCall/ -- Absolute(R) Software Corporation ("Absolute"), (TSX: ABT), the leading provider of firmware-based, patented, Computer Theft Recovery, Data Protection and Secure Asset Tracking(TM) solutions today announced that its industry standard Computrace(R) IT asset management, data protection and theft recovery services will be integrated in support of Intel(R) Anti-Theft Technology later this year. Computrace will be available for select Intel(R) Centrino(R) processor technology based notebooks.

"For more than a decade, Absolute Software has single-handedly created and developed the market for BIOS-persistent, Internet-based tracking of mobile computers. Computrace is also capable of remotely deleting data and physically recovering lost or stolen computers - assisting customers in complying with data privacy regulations," said John Livingston, Chairman and CEO of Absolute Software. "As the undisputed leader in this market, we look forward to bringing our industry expertise, 2.5 million subscriber base and scalable technology to our new relationship with Intel as we further evangelize this under-penetrated market together."

Absolute Software and Intel Corporation will collaborate to deliver Absolute's suite of IT asset management, data protection and computer theft recovery services on Intel(R) Anti-Theft Technology. As part of this collaboration, Absolute's services will enhance the anti-theft layer that will be available for Intel's upcoming Centrino processor technology based notebooks.

The new relationship was announced during a keynote address by David (Dadi) Perlmutter, Executive Vice President and General Manager of Intel's Mobility Group during the company's Intel Developer Forum (IDF) in Shanghai, China. Attending from Absolute Software was the company's Vice President of Business Development, Ben Haidri.

"Mobility is accelerating and customers want to prevent theft, protect their data and have the ability to take action in the event of a computer theft or loss," Mooly Eden, Vice President, Intel Mobile Platform Group, said. "Our new Intel(R) Anti-Theft Technology along with Absolute Software will help deliver the anti-theft capabilities to protect our customers' valuable data and assets."

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. Notice of Conference Call

Absolute Software will hold a conference call to discuss the contents of this release on Wednesday, April 2, 2008 at 5:30 a.m. PT (8:30am ET). The dial-in numbers for participants are 416-644-3416 or 1-800-732-6179. Please dial-in 15 minutes prior to the call to secure a line. The conference call will be archived for replay. To access the archived conference call, please dial 416-640-1917 or 1-877-289-8525 and enter the reservation code 21267813 followed by the number sign.

A live audio webcast will be available at http://www.absolute.com/ and http://www.newswire.ca/. The webcast will be archived for 360 days.

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 Intel 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. "Intel" and "Centrino" are registered trademarks of Intel Corporation. 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) 815-0700x237

Source: PRNewswire-FirstCall

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