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Press release from CNW Group

Absolute Software Helps Recover More Than 300 Computers in Uganda

Wednesday, June 12, 2013

Absolute Software Helps Recover More Than 300 Computers in Uganda

17:12 EDT Wednesday, June 12, 2013

Absolute's Global Investigations and Recovery Services Team Works with Local Ugandan Law Enforcement to Uncover Major Computer Theft Operation

VANCOUVER, June 12, 2013 /CNW/ - Absolute® Software Corporation (TSX: ABT), the industry standard for persistent endpoint security and management solutions for computers, laptops and ultra-portable devices today announced the Absolute Investigations and Recovery Services team worked with local Ugandan law enforcement to break up a major computer theft operation.

A leading independent oil and gas exploration and production company protected many of their mobile devices with Absolute Computrace®. Computrace persistently tracks and secures IT assets and the corporate data they contain within a cloud-based interface, allowing customers to enforce compliance policies, data security, identify devices that might be at risk, and take preemptive and reactive measures if a security incident occurs.  Patented Absolute persistence technology provides customers with a trusted connection to all of the devices in their deployment. If efforts are made to remove it, the technology simply rebuilds itself so customers can continue to track, manage, and secure their assets.  In the event a device is stolen, the Absolute Investigations team works with local law enforcement to recover it.

After concern was raised about the status of some of the computers in their deployment, the IT team at the company identified numerous computers that were missing. After filing a police report and reporting the loss to Absolute, the Absolute Investigations team conducted a detailed forensic analysis of the environment. It was identified that a former employee was the likely suspect, which was subsequently confirmed by the customer. After further investigation of the suspect, more than 300 computers were recovered. 25 computers in total (15 desktops, 10 laptops) were the property of the oil and gas company. As serial numbers are verified, the total number of computers that are property of the oil and gas company is expected to increase.

"This recovery would not have been possible without Absolute persistence technology and the Absolute Investigations and Recovery Services team," said John Livingston, CEO at Absolute Software. "We offer the only comprehensive and persistent enterprise solution for device security backed by a recovery services team. To date we have recovered more than 29,000 mobile devices in 99 countries."

About Absolute Software
Absolute Software Corporation (TSX: ABT) is the industry standard in persistent endpoint security and management for computers, laptops, ultra-portable devices and smartphones. The Company, a leader in device security and management tracking for more than 20 years, has over 30,000 commercial customers worldwide. Absolute's solutions - Computrace, Absolute Manage®, Absolute Service, Absolute Secure Drive, and Computrace LoJack for Laptops - provide organizations with actionable intelligence to prove compliance, securely manage BYOD, and deliver comprehensive visibility and control over all of their devices and data. Absolute is positioned on two Gartner, Inc. Magic Quadrants - the Magic Quadrant for Client Management Tools and the Magic Quadrant for Mobile Device Management Software. Absolute is one of only four vendors to be recognized on both Magic Quadrants based on providing customers with the ability to secure and manage many different types of devices using a single solution. Absolute persistence technology is embedded in the firmware of computers, netbooks, tablets and smartphones 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.

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.

©2013 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, No. 7,945,709, No. 8,062,380, No. 8,234,359, No. 8,241,369, No. 8,307,055, No. 8,332,953 and No. 8,418,226. Canadian patents No. 2,211,735, No. 2,284,806, No. 2,205,370 and No. 2,771,208. 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.

SOURCE: Absolute Software Corporation

For further information:

Public Relations:
Andrea Holland, HORN Group
andrea.holland@horngroup.com or 415-905-4009
or
Marina Guy, Absolute Software
mguy@absolute.com or 604.730.9851 x107

Investor Relations:
Kristen Dickson, MSc, TMX|Equicom
kdickson@equicomgroup.com or 416.815.0700 x273
or
Dave Mason, CFA, TMX|Equicom
dmason@equicomgroup.com or 416.815.0700 x237

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