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Absolute Wins 2008 CODiE Award for Best Data Security Solution

Posted on: Wednesday, 28 May 2008, 09:00 CDT

VANCOUVER, May 28 /PRNewswire-FirstCall/ -- 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 announced today that its Computrace(R) IT asset management, remote data delete and computer theft recovery solution has been awarded the 2008 CODiE award for "Best Data Security Solution" by the Software and Information Industry Association (SIIA).

Computrace(R)Complete(TM) was selected from a group of six finalists as the "Best Data Security Solution" at the SIIA's 23rd Annual CODiE Awards - the only peer-reviewed awards within the software and content industries. The "Best Data Security Solution" award is selected from a wide range of security-related software solutions, including anti-virus products, firewalls, encryption, intrusion detection, etc.

ComputraceComplete from Absolute Software is a software-as-a-service (SaaS) solution for post-theft computer recovery, remote data delete and off-the-network IT asset management backed by a Service Guarantee of up to $1,000.(x) ComputraceComplete provides comprehensive management for organizational notebook computers and provides assistance in the growing areas of regulatory compliance, data breach prevention and data breach mitigation. For consumers, Absolute also offers Computrace LoJack(R) for Laptops, a theft recovery solution offering corporate-caliber technology and services to individual computer owners.

"We're delighted to have ComputraceComplete named the 'Best Data Protection Solution' by the Software and Information Industry Association," said John Livingston, Chairman and CEO of Absolute Software. "Thousands of organizations in the corporate, government, healthcare and education sectors have recognized that ComputraceComplete is the best data security solution for them, but it's an additional honor to have our peers recognize our product as a best-of-class data security solution."

"The 2008 CODiE Awards recognize those companies providing the best new technology products and services across a broad array of industries," noted SIIA President Ken Wasch. "The awards and their winners are a testament to the power of technology to deliver innovative solutions to American businesses and consumers. SIIA congratulates all of the CODiE Award winners and nominees, whose innovation is essential for continuing America's leadership in the global knowledge economy."

A complete list of winners can be found at http://siia.net/codies/2008/winners.asp.

For more information on the complete range of Computrace solutions for organizations and individuals, please visit http://www.absolute.com/ or http://www.lojackforlaptops.com/.

(x) For Service Guarantee details please refer to http://www.absolute.com/service_agreement.pdf.

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, possible guarantee payment eligibility, 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. LoJack is a registered trademark of LoJack Corporation, used under license by Absolute Software Corp. LoJack Corporation is not responsible for any content herein. 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, (416) 815-0700 x237

Source: PRNewswire-FirstCall

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