Absolute's Successful Recovery of Over 5,000 Stolen Computers During the
Last 12 Months Underscores the Value of Protecting Mobile Devices with
Computrace Persistence Technology
VANCOUVER, April 5 /CNW/ - Absolute® Software Corporation ("Absolute" or the "Company") (TSX: ABT), the
leading provider of endpoint security and management solutions that
reduce IT costs, prove regulatory compliance, respond to computer
theft, and optimize productivity, today released details of several
laptop theft recovery success stories from K-12 school districts across
the U.S. that utilize Computrace® by Absolute Software. These recoveries, along with the over 5,000
stolen computers recovered in the last 12 months, demonstrate the value
of security software in the prevention of data breaches and the
financial loss associated with laptop theft.
Computrace has been successfully deployed by school districts across 39
states as an effective and proven layered approach to endpoint
security. In fact, 75% of America's top 20 school districts depend on
Computrace persistence technology to provide them with actionable
intelligence to understand where their devices are, regardless of
location, and take the necessary action required when a device is at
"School districts throughout the U.S. are facing drastic budget cuts,
and as a result, the ability to adequately track, monitor and protect
expensive mobile assets both in and out of the classroom is more
critical than ever before," said Lyle Singular, vice president of
recovery services, Absolute Software. "The power of Computrace
persistence technology combined with the expertise of our Absolute
Theft Recovery Team and their established relationships with local
authorities provides a clear value proposition to all organizations.
Our technology provides resource-strapped IT departments with the
necessary visibility and control they need to track and manage their
deployed devices and get them back quickly should a crime occur."
Laptop Recovery Reduces Cost of Theft
Carleton Elementary School, part of the Detroit Public School District,
recently fell victim to large-scale theft. Included in the items stolen
were several Mac laptops, which were outfitted with Computrace
software. Relying on the tracking capabilities inherent in Computrace,
Absolute worked with the local police department to provide a trail of
clues leading directly to a suspect.
When contacted by law enforcement the suspect admitted that while he did
not steal the devices, he had recently purchased them for $400 each
from a nearby gas station. He agreed to return the stolen laptops and
one day later, the devices were returned to Carleton Elementary.
"Theft is devastating. However, the ability to recover stolen laptops
with Absolute Software's assistance can make a huge difference," said
Robert Barenie, Special Investigator, Detroit Public Schools Office of
Inspector General, Detroit Public Schools, Carleton Elementary School.
"We always knew the importance of securing our mobile devices; though
we never truly understood the benefits until we experienced theft
firsthand. Computrace not only helped to protect sensitive data, but
also eliminated the need to replace the devices, which would have been
Proactive Security Leads to Laptop Recovery
A student in the Lorain City School District (LCSD) in Ohio was the
victim of theft when her assigned laptop went missing. Because the
district had Computrace installed on all their laptops, Absolute's
Theft Recovery Team was able to take immediate action when the laptop
was reported stolen and determined that another student was actively
using the device. In response to this discovery, Absolute deployed
Computrace's Device Freeze feature to "brick" the device and render it
unusable until accessed by an authorized administrator. The school was
also able to send a custom message displayed to the the end user.
LCSD's dedication to protecting their valuable computing assets combined
with Absolute's technology and experience in laptop recovery resulted
in a successful recovery for the school district.
Despite Challenges, Laptop Thief was Identified and Device Successfully
A large school district in New Mexico was recently victim to laptop
theft. To compound the issue, this case proved to be challenging as the
pre- and post-theft IP addresses matched, indicating that the laptop
was last contacted from its original location. Without any leads to
possible suspects, the district determined it would need further
assistance in identifying the thief and turned to Absolute's Theft
Through analysis, research and direct collaboration with local law
enforcement, Absolute was able to use screen captures and keystrokes to
identify a young "gamer" as the primary suspect. Absolute was also able
to pinpoint the laptop's location. As a result of the the swift action
taken by Absolute and the local police department, the laptop was
successfully recovered and returned to its school. It was also a
landmark recovery for the local police detective assigned to the case -
it was his twelfth successful laptop recovery for Absolute Software to
How Computrace Technology Works
Computrace and LoJack® for Laptops are powered by Absolute Software patented Computrace
persistence technology. When embedded in the firmware of computers from
leading computer manufactures*, Computrace can survive operating system
re-installations, as well as hard-drive reformats, replacements and
re-imaging, helping to ensure that the service is there when you need
it most. Whether a PC or Mac, the software is virtually undetectable
and phones home to the Absolute Monitoring Center with location and
asset information. If a computer is reported stolen, the Absolute Theft
Recovery Team works on behalf of the customer to gather evidence from
the computer to identify the thief's location, and then works with
local police to get the computer back. Customers can also remotely
delete data to help keep it out of the hands of unauthorized users - a
reliable contingency in case data protection solutions fail. Computrace
or LoJack for Laptops can be easily activated by customers when they
install a license ranging from 1-3 years.
*For a list of computers with firmware-embedded support, visit www.absolute.com/firmware.
About Absolute Software
Absolute Software Corporation (TSX: ABT) is the leader in tracking,
managing and protecting computers and mobile devices. The Company's
Computrace, Absolute Manage and LoJack for Laptops solutions provide
theft recovery, data protection and computer lifecycle management
capabilities to organizations and consumers. The Company's software
agent is embedded in the firmware of computers by global leaders,
including Acer, ASUS, Dell, Fujitsu, General Dynamics Itronix, 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, visit www.absolute.com and http://blog.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.
©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. 7818557, No. 7818803.
Canadian patents No. 2.211.735, No. 2,284,806 and No. 2,205,370. U.K.
patents No. EP793823, No. GB2298302 and No. GB2338101. German patent
No. 695 125 34.6-08. 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
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