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Press release from CNW Group

Absolute Launches the World's First Document Control App for iOS to Allow Organizations to Manage the Security Risks of the Consumerization of IT

Tuesday, November 01, 2011

Absolute Launches the World's First Document Control App for iOS to Allow Organizations to Manage the Security Risks of the Consumerization of IT07:30 EDT Tuesday, November 01, 2011Absolute Manage 6.0 product release also extends mobile device management to the Android and iOS5 platformsVANCOUVER, Nov. 1, 2011 /CNW/ - Absolute® Software Corporation ("Absolute" or the "Company") (TSX: ABT), the leading provider of firmware-embedded endpoint security and management solutions, today announced the general availability of Absolute Manage 6.0.Absolute Manage offers the only single, unified console that natively enables IT administrators to efficiently manage all of their Mac, PC, Android and iOS devices by automating time-consuming IT processes such as software distribution, patch management, and asset inventory.  Additionally, Absolute Manage helps organizations save money by allowing them to track installed applications and licenses, redeploy under-used licenses and hardware to maximize inventory utilization and avoid non-compliance fines, and implement power management policies to reduce energy consumption.  For Android and iOS devices, customers can manage apps, collect asset inventory and security data, perform configuration management tasks, and rapidly respond to security incidents."Our customers are facing increasing challenges in managing and securing the growing number of employee-owned devices making their way onto corporate networks. With the release of Absolute Manage 6.0, our customers can apply the highest standard of endpoint management and security across a variety of form factors and operating systems," said Peter Frankl, Vice President, Lifecycle Management at Absolute. "In addition, our customers are excited about AbsoluteSafe as it is an industry breakthrough technology delivering unparalleled control to securely manage company data residing on iOS devices within their deployment.""We have already begun to see a rapid increase in mobile device management activity in our business, which we believe provides an excellent opportunity to accelerate our business growth supporting PC's and Mac's too," stated John Livingston, Chief Executive Officer at Absolute. "Last fiscal year, sales of our mobile solutions nearly doubled primarily due to this increased activity. We believe the launching of industry first features, such as AbsoluteSafe, and offering our customers a unified, cross-platform console will help further accelerate our expansion into the systems lifecycle and mobile device management markets."The release of Absolute Manage 6.0, which uniquely embeds mobile device management capabilities into the robustness of a systems lifecycle management solution, includes:AbsoluteSafe: IT administrators can securely distribute sensitive or confidential files to iOS devices including security options to block the file from being copied or emailed, as well as password protect files. Even the screen capture functionality can be turned off for the tightest document/media security available on the market today. AbsoluteSafe provides a solution for IT that removes the need for end users to use tools like DropBox and email to access company liable information on their iOS tablets and smartphones, and returns control of that data to the company - a must-have to enable organizations to embrace and fully leverage the consumerization and BYOD movement.Scheduled Policies:  Configuration profiles and media files can be assigned time-limited access.  Now IT administrators can shut down access to corporate networks at a pre-defined time, or limit the availability of a document on a device for the duration of a meeting.  Once the meeting time ends, the document is automatically removed from the device.Policy-Locked Configuration Profiles:  IT administrators can create corporate smart policies to provide devices with access to company email and networks.  Absolute Manage 6.0 provides them with the capability to attach conditions to these policies so that non-compliant devices (jailbroken, containing blacklisted apps, etc.) will immediately lose access to company resources.Management for Android Devices: Along with PCs, Macs, and iOS devices, IT administrators can now manage Android devices within their deployment, all from the same console.AvailabilityAbsolute Manage 6.0 is generally available as of today.  More information can be obtained by visiting www.absolute.com/absolutemanage.About Absolute SoftwareAbsolute Software Corporation (TSX: ABT) is the world leader in firmware-embedded endpoint security and management for computers and ultra-portable devices. The Company's Computrace, Absolute Manage, Absolute Secure Drive, and LoJack for Laptops solutions provide organizations with actionable intelligence to prove compliance, generate fast ROI, reduce overhead, and deliver comprehensive visibility and control over all of their endpoints, anywhere, anytime. The Company's software agent is embedded in the firmware of computers, netbooks, and tablets by global leaders, including Acer, ASUS, Dell, Fujitsu, HP, Lenovo, Motion, Panasonic, Samsung, and Toshiba, and the Company has reselling partnerships with these OEMs and others, including Apple. For more information about Absolute Software, visit www.absolute.com and http://blog.absolute.com.Forward-Looking StatementsThis 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.©2011 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. U.S. patents No. 5,715,174, No. 5,764,892, No. 5,802,280, No. 5,896,497, No. 6,087,937, No. 6,244,758, No. 6,269,392, No. 6,300,863, No. 6,507,914, No. 7,818,557, No. 7,818,803, and No. 7,945,709. Canadian patents No. 2,211,735, No. 2,284,806, and No. 2,205,370. U.K. patents No. EP0793823, No. GB2298302, and No. GB2338101. German patent No. 69512534. Australian patent No. 699045. Japanese patent No. JP4067035. The Toronto Stock Exchange has neither approved nor disapproved of the information contained in this news release.For further information: Public Relations: Kate Ryan, Affect kryan@affect.com or 212.398.9680 Investor Relations: Dave Mason, CFA, The Equicom Group dmason@equicomgroup.com or 416.815.0700 x237