Absolute Sponsors Laptop Management and Theft Prevention Webinar on November 5

VANCOUVER, Oct. 21 /PRNewswire-FirstCall/ — Absolute(R) Software Corporation (“Absolute” or the “Company”) (TSX: ABT), the leading provider of firmware-based(1), patented, computer theft recovery, data protection and secure IT Asset management solutions announced that it will sponsor a webinar hosted by eSchool News on November 5, 2008, featuring the first-hand laptop management and theft prevention experiences of two North American school districts. During the 60-minute event, speakers from Canada’s Surrey School District and Arizona’s Dysart Unified School District will discuss best practices for managing laptops and deterring theft using the highly-mobile school environment as an example.

   Date: November 5, 2008   Time: 2:00pm ET/11:00am PT   Duration: 1 hour   To Register:   http://www.absolute.com/public/landing/esn1108/default.asp?ref=esn1110    Find out how one of the largest school districts in Canada:    –   Manages a cross-platform inventory of PC and Apple computers    –   Accurately inventories and tracks thousands of computers with an       automated method    –   Ensures software license compliance on a daily basis to avoid       regulatory penalties    Learn how one of Arizona’s fastest growing school districts:    –   Prepares students for life in the new century by integrating       technology as a fundamental building block    –   Deters theft and reduces loss rates by recovering stolen laptops and       catching the perpetrators    –   Accurately inventories all computers to demonstrate accountability    Speaking Panel:    –   Dan Turner, Director, Information Management Services, Surrey School       District    –   Michelle Benham, Technical Services Supervisor, Dysart Unified School       District   

To learn more information about Absolute’s mobile computer management solutions for education, please visit: http://www.absolute.com/markets/education.asp

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 firmware-supported computers visit          http://www.absolute.com/firmware.    About Absolute Software   

Absolute Software Corporation (TSX: ABT) is the leader in computer theft recovery, data protection and secure IT asset management 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, MPC, 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 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. Japanese patent # JP4067035. 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