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Absolute Announces Its First Private Label Program

Posted on: Thursday, 3 July 2008, 09:00 CDT

VANCOUVER, July 3 /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 Absolute's first private label offering was launched on June 30, 2008, by one of Absolute's computer manufacturer OEM partners.

Absolute's solutions offer industry-leading, unique capabilities including the ability to:

- Track and effectively recover lost or stolen computers - Remotely delete sensitive information from missing computers(1) - Inventory computers in the field, disconnected from company networks - Deliver laptop security despite end-user apathy or negligence - Remotely manage software and hardware inventories

According to Carter McCrary, Absolute's Senior Vice President of Corporate Strategy, "Absolute will continue to enhance its privileged relationships with the world's major computer manufacturers by helping to create new, and mutually beneficial, business opportunities. The expanded international reach and potential for increased subscription rates offered by private label agreements make them an attractive and highly accretive addition to our traditional channel sales go-to-market strategy."

Built-in at the Factory

The software-based Computrace Agent that powers Absolute Software's solutions is embedded in the firmware of computers from the world's leading computer manufacturers(2). Access to one of Absolute's IT asset management, computer theft recovery and remote data protection solutions is typically activated by customers when they purchase a subscription with terms ranging from 1-4 years. As part of the private label offering from Absolute's partner, a subscription will be initiated automatically.

When a computer equipped with Computrace is reported stolen, Computrace sends a silent signal over the Internet to the Absolute Monitoring Center providing critical details including location information.

Backed by the Absolute Theft Recovery Team

All of Absolute's theft recovery solutions are backed by the efforts of the elite Absolute Theft Recovery Team. Staffed by former senior law enforcement officers, the team uses information sent via Computrace to investigate computer thefts, document evidence and work with local law enforcement to physically recover missing computers and prosecute computer thieves.

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) Certain conditions apply. Please see http://www.absolute.com/service_agreement.pdf for details. (2) For a complete list of firmware-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 firmware 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. 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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