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Absolute Software Unveils IT Asset Management and Theft Recovery Solution for Netbooks

Posted on: Tuesday, 21 April 2009, 10:31 CDT

SAN FRANCISCO, April 21 /PRNewswire-FirstCall/ - Today at RSA(R) Conference 2009, Absolute(R) Software Corporation ("Absolute" or the "Company") (TSX: ABT), the leading provider of firmware-based, patented, computer theft recovery, data protection and secure IT asset management solutions announced that it has launched Computrace(R) for Netbooks. The new solution for netbooks delivers IT asset management and theft recovery to commercial customers, such as school districts, healthcare organizations and corporations who have been first to make widespread use of ultra-mobile computers.

"For IT asset management and data security personnel, the job of managing and securing mobile devices is becoming ever more complex and expensive," said John Livingston, Chairman and CEO of Absolute. "Computer populations now include desktops, laptops, smartphones, tablets and now netbooks - often of different ages from a variety of manufacturers. Our goal is to provide visibility and security regardless of form factor and computer brand. We also feel that in today's economic environment, organizations need this to be delivered as a simple, managed service. Computrace for Netbooks extends this value to customers who have been first to include netbooks in their mobile device population.

With Computrace for Netbooks, customers can: - Monitor, track and manage all computers from a single web interface, the Absolute Customer Center, regardless if a device is on or off the corporate network. - Generate accurate inventories to assist in budgeting and refresh plans. - Get visibility into the productivity and usage of investments in netbooks. - Deter computer theft and recover those computers that are stolen. - Help police identify computer thieves and gather evidence for prosecution. How Computrace for Netbooks Works

The Computrace software Agent that powers Absolute solutions is embedded in the firmware of computers from the world's leading computer manufacturers right at the factory or it can be installed by the customer.* The Agent can be activated by customers when they purchase a subscription with a term ranging from one to four years.

The Agent regularly contacts the Absolute Monitoring Center - sending location and IT asset management information to the Absolute Customer Center portal. Customers log in to the Absolute Customer Center to access that information, manage their IT asset population and run reports to identify changes in asset information.

If a computer is stolen, the Absolute Theft Recovery Team can use information sent by the computer and forensically mine it using a variety of procedures including: key captures, registry scanning, file scanning, geolocation, and other investigative techniques to determine who has the computer and how it is being used. Absolute then works with local law enforcement to help recover the computer. Embedded in the firmware of a computer, the stealthy Computrace Agent is capable of surviving operating system re-installations, as well as hard-drive reformats, replacements and re-imaging.

Pricing and Availability

Computrace for Netbooks is now available for Windows and Mac operating systems with an MSRP of $24.99 for a one-year license through Absolute at 1-800-220-0733 and partner resellers.

For more information on Absolute Software and its range of computer theft recovery, data protection and IT asset management solutions, please visit www.absolute.com or www.lojackforlaptops.com.

* For a complete list of firmware-supported computers visit www.absolute.com/firmware. About Absolute Software

Absolute Software Corporation (TSX: ABT) is the leader in computer theft recovery, data protection and Secure Asset Tracking(R) solutions. Absolute Software provides organizations and consumers with solutions in the areas of regulatory compliance, data protection and theft recovery. The Company's Computrace software is embedded in the firmware of computers by global leaders, including ASUS, Dell, Fujitsu, 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 www.absolute.com and http://blog.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, functionality and availability 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)2009 Absolute Software Corporation. All rights reserved. Computrace, Absolute and Secure Asset Tracking are registered trademarks of Absolute Software Corporation. LoJack is a registered trademark of LoJack Corporation, used under license by Absolute Software Corporation. LoJack Corporation is not responsible for any content herein. RSA is a registered trademark of RSA Security Inc. 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.

SOURCE Absolute Software Corporation

Source: PR Newswire

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