Worldwide Leader in Insurance Selects Absolute Computrace to
Persistently Track and Secure Tablet Fleet
VANCOUVER, Nov. 6, 2013 /CNW/ - Absolute® Software Corporation (TSX: ABT), the industry standard for persistent endpoint security and
management solutions for computers, laptops, tablets and smartphones,
today announced a significant Absolute Computrace® Data Protection deal in the Asia-Pacific Region. A worldwide insurance
provider in Japan chose Computrace to secure corporate data and track
thousands of Fujitsu Windows tablets.
Computrace is the only persistent solution that allows the customer to
track and secure 7000 tablets within a single cloud-based console. IT
is able to maintain a persistent connection with every tablet in their
deployment, regardless of user or location, even if the tablet is wiped
or reset to factory settings. Device freeze or data delete commands can
easily be executed on a missing or stolen device from the Computrace
console to prevent data breaches.
"Absolute Software has seen strong business growth in the Asia-Pacific
Region over the past year," said Mark Grace, Vice President,
Asia-Pacific at Absolute Software. "We are the industry standard in
persistent endpoint security and management solutions and more
prospects in this region are realizing what we provide - the ability to
track, manage and secure all devices from a single console."
The overall sales contract, which was valued at approximately
US$975,000, was booked in the September quarter with standard payment
terms. Revenue from the contract components is expected to be
recognized over a term of four years.
About Absolute Software
Absolute Software Corporation (TSX: ABT) is the industry standard in
persistent endpoint security and management for computers, laptops,
tablets and smartphones. The Company, a leader in device security and
management tracking for 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.
Furthermore, the forward-looking statements contained in this press
release are made as at the date hereof and the Company does not
undertake any obligation to update publicly or to revise any of the
included forward-looking statements, whether as a result of new
information, future events or otherwise, except as may be required by
applicable securities laws.
©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, No. 8,346,234, No. 8,362,901, No.
8,418,226, No. 8,419,806, No. 8,441,348 and No. 8,510,825. 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.
4067035. Mexican patent No. 297,406. Russian patent No. 2,460,220. The
Toronto Stock Exchange has neither approved nor disapproved of the
information contained in this news release.
SOURCE: Absolute Software Corporation
For further information:
Allison Keller, HORN Group
allison.Keller@horngroup.com or 415.905.4006
Marina Guy, Absolute Software
firstname.lastname@example.org or 604.730.9851 x107
Dave Mason, CFA, TMX|Equicom
email@example.com or 416.815.0700 x237