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Absolute Software Launches Computrace LoJack for Laptops for Apple Macintosh Computers

Posted on: Wednesday, 19 July 2006, 09:00 CDT

VANCOUVER, July 19 /PRNewswire-FirstCall/ -- Absolute(R) Software Corporation, the leading provider of patented Computer Theft Recovery and Secure Asset Tracking(TM) solutions, today announced the release of its Apple(R) Macintosh(R) version of Computrace(R) LoJack(R) for Laptops(TM), a laptop security tracking solution that locates and recovers lost or stolen computers. The new Mac version can be purchased directly through Apple retail stores, major retailers throughout North America and directly from Absolute Software.

Approximately 700,000 subscribers, including consumers, school districts, universities and colleges, corporations and government agencies currently trust Absolute Software to securely track and manage their computing assets.

John Livingston, President and CEO of Absolute Software said, "Every 53 seconds another laptop is stolen and 97% are never recovered. Losing a laptop can be expensive and distressing when you factor in the personal and sensitive data - from bank records to digital photos - that resides on it. In light of all the recent high-profile laptop thefts, consumers are once again reminded to be more vigilant than ever when it comes to protecting their mobile computing devices."

Livingston continued, "Apple notebooks, in particular, have long been a target for thieves because of their sleek design, sophisticated functionality and high resale value. With the launch of our latest Computrace LoJack for Laptops product, Mac consumers - from mobile road warriors to college students - can now benefit from the most advanced computer tracking and recovery software on the market; not to mention a little peace of mind."

BJ Mitchell, a computer security consultant in Columbia, Maryland said, "I was very happy when I heard that Absolute Software was releasing a new Mac version of its Computrace LoJack for Laptops product. I rely on my MacBook Pro constantly when I'm on the road to run my security consulting business. I believe Computrace LoJack for Laptops is an invaluable security tool because, as I always tell my customers, the loss of intellectual capital is far worse than the loss of the actual computer itself. My friends, family and customers rely on me to recommend products and services that I believe are essential; I cannot recommend Computrace LoJack for Laptops enough."

In the event of computer theft or loss, Computrace LoJack for Laptops silently contacts Absolute's Monitoring Center when the computer connects to the Internet. The embedded software provides the stolen computer's IP address and other networking information to Absolute's Theft Recovery Team which works with local law enforcement to identify its physical location and recover the computer. If a stolen laptop is not recovered within 30 days, Absolute Software will refund the purchase of Computrace LoJack for Laptops.

Computrace LoJack for Laptops is available for Mac OS X v. 10.3 or higher. The software can run on both the PowerPC(TM) (PowerBooks(R)) and Intel-based (MacBooks) platforms. For PC users, Computrace LoJack for Laptops is available for Windows(R) XP. The price per unit for one year of service is US$49.99.

For more information, please visit: http://www.lojackforlaptops.com/ About Absolute Software

Absolute Software Corporation (TSX: ABT) is the leader in Computer Theft Recovery, Data Protection and Secure Asset Tracking. Absolute Software provides organizations and consumers the ability to accurately and securely track their computing assets, manage leased computers, ensure software license compliance, deter computer loss, protect data and recover stolen computers. The company has key partnerships with global leaders, including Dell, Lenovo, Gateway, HP, Toshiba and Fujitsu. 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, 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) 2006 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. All other trademarks are property of their respective owners. Computrace US patents # 5,715,174, # 5,764,892, # 5,802,280, # 6,244,758, # 6,269,392, # 6,300,863, and # 6,507,914. Canadian patent # 2,305,370. 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: Courtney Chauvin, Affect Strategies,courtney@affectstrategies.com or (212) 398-9680; Investor Relations: DaveMason, CFA, The Equicom Group, dmason@equicomgroup.com or (416) 815-0700 x237

Source: PRNewswire-FirstCall

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