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Absolute Software and American Megatrends Announce Alliance to Broaden Computrace(R) Firmware Support

June 26, 2007
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VANCOUVER, June 26 /PRNewswire-FirstCall/ — Absolute(R) Software Corporation (TSX: ABT), the leading provider of firmware-based, patented, Computrace(R) Computer Theft Recovery, Data Protection and Secure Asset Tracking(TM) solutions, together with American Megatrends Inc (AMI), developer of AMIBIOS(R) and Aptio(R) firmware, today announced an alliance to provide both 32- and 64-bit Extensible Firmware Interface (EFI) support for Absolute Software’s Computrace solutions.

“This agreement provides a simpler, more streamlined way to provide firmware-based Computrace support for organizations that are utilizing AMI Firmware Solutions,” said John Livingston, Chairman and CEO of Absolute Software. “The EFI module is not specific to any one processor architecture, enabling Absolute to expand its footprint and market penetration going forward.”

“AMI’s BIOS products incorporate the highest levels of customization and engineering, allowing the flexibility and performance that OEMs require to compete in the PC marketplace,” said Subramonian Shankar, founder and CEO of AMI. “The unique customization work that Absolute has done with EFI highlights the versatility of our firmware products, and the level of support and collaboration that AMI strives to provide to help keep its partners competitive.”

Absolute offers products including Computrace(R)Complete(TM) and Computrace(R) LoJack(R) for Laptops. ComputraceComplete is a comprehensive solution that combines computer theft recovery services with the power to delete data from lost or stolen machines, as well as secure asset tracking for lifecycle management and regulatory compliance purposes. Computrace LoJack for Laptops is an affordable and effective computer theft recovery service for home office, small business and consumers.

AMI offers reliable, advanced BIOS firmware for server, desktop and mobile applications, powering approximately 65% of all computers sold each year globally. The EFI drop-in module is expected to be available Q4 2007.

For more information on Absolute Software and its range of Computer Theft Recovery, Data Protection and Secure Asset Tracking solutions, please visit http://www.absolute.com/.

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, 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/.

About AMI

Founded in 1985, American Megatrends Inc. (AMI), best known for AMIBIOS, supplies state-of-the-art hardware, software and utilities to today’s high-tech manufacturers. AMI, focused on IP Storage Area Networks (IP-SAN), Network Attached Storage (NAS), and Storage Management, also offers remote server management, KVM over IP, IPMI 2.0 firmware and high-density motherboards. AMI is an Associate Member with the Intel(R) Communications Alliance, a community of communications and embedded developers and solution providers. Headquartered in Atlanta, AMI has locations in the U.S., China, Germany, India, Japan, Korea and Taiwan to better serve its customers. For more information on AMI, its products or services, call 1-800-U-BUY-AMI or visit http://www.ami.com/.

For more information on AMI, its products or services, call 1-800-U-BUY-AMI or visit http://www.ami.com/.

   Statement of Liability: (C) 2007 American Megatrends Inc. Product   specifications are subject to change without notice. Products mentioned   may be trademarks or registered trademarks of their respective companies.   All rights reserved. No warranties are made, either express or implied,   with regard to the contents of this work, its merchantability or fitness   for a particular use. This publication contains proprietary information,   which is protected by copyright. American Megatrends reserves the right   to update, change and/or modify this product at anytime.    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, the expected acceptance by customers of the products being offered, 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)2007 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 Corporation. LoJack Corporation is not   responsible for any content herein. All other trademarks are property of   their respective owners. 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: 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