Absolute Launches Computrace LoJack for Laptops in Europe



    
    Software backed by Absolute Theft Recovery Team brings data protection
    and laptop recovery to consumers in Europe
    

    VANCOUVER, June 24 /CNW/ - Absolute(R) Software Corporation (TSX: ABT),
the leading provider of firmware-based, patented, computer theft recovery,
data protection and secure IT asset management solutions, has announced that
its home and small business laptop theft recovery and data protection
solution, Computrace(R) LoJack(R) for Laptops, is now available for purchase
in Europe.
    Computrace LoJack for Laptops by Absolute Software, aimed at general
laptop users, students and small businesses, is a theft recovery and data
protection service that uses software to track, locate and recover stolen
laptop and desktop computers. It is backed by the Absolute Theft Recovery
Team, which uses the technology and investigative techniques to trace a stolen
computer and gather evidence, and then works with local authorities to recover
the computer. In addition, data can be deleted remotely from a stolen computer
to help protect the customer's private information.
    This is the first European consumer offering from the company that
created computer theft recovery and has been helping European companies combat
laptop theft and protect sensitive data with its mobile device and asset
tracking technology. The launch follows the success of the Computrace LoJack
for Laptops product in North America, where over one million subscribers have
the software to protect their personal computers and the information on them.
    "Computer security is not just a business issue - it's something every
individual with any type of computer needs to consider," said John Livingston,
Chairman and CEO at Absolute Software. "Consumers and small businesses in
Europe can now get the same theft protection and data delete service that
European companies have been using for years."
    "Research by the Ponemon Institute shows that 900 laptops go missing just
from Heathrow Airport each week. With that in mind, the need for a theft
recovery service designed specifically for consumers is an urgent requirement
for Europeans. Computrace LoJack for Laptops has proven to protect against
theft, as well as enabling remote data deletion and the recovery of the
computer if it is stolen," added Livingston. "In short, the service gives
people a safeguard against theft and a contingency plan should the worst
happen."

    How Computrace LoJack for Laptops by Absolute Software Works

    Computrace LoJack for Laptops is powered by patented Computrace
technology from Absolute. It is embedded in the firmware of computers from the
world's leading computer manufacturers(*) right at the factory or it can be
installed by the customer. When embedded in the firmware, Computrace can
survive operating system re-installations, as well as hard-drive reformats,
replacements and re-imaging. The technology is virtually undetectable and
calls home to the Absolute Monitoring Center with location information. The
Computrace Agent can be activated by customers when they purchase a
subscription for Computrace LoJack for Laptops ranging from 1-3 years.
    All Absolute theft recovery solutions are backed by the efforts of the
Absolute Theft Recovery Team. When a computer equipped with Computrace LoJack
for Laptops is reported stolen, the Computrace Agent sends a silent signal
over the Internet to the Absolute Monitoring Center, allowing the Absolute
Theft Recovery Team to forensically mine the computer using a variety of
procedures including key captures, registry scanning, file scanning,
geolocation, and other investigative techniques to determine who has the
computer and how it is being used. Absolute then works with local law
enforcement to recover the computer. Staffed by former law enforcement
officers, the team finds stolen computers through their relationships with
police departments around the world. With over 650 years of combined law
enforcement experience, the Absolute Theft Recovery Team recovers an average
of 85 stolen computers per week.

    Pricing and Availability

    Computrace LoJack for Laptops is available to buy online at
www.absolute.com. A one-year license can be purchased for (pnds stlg)45.99 in
the U.K. and (euro)52.89 throughout Europe. It is available for Windows(R) and
Mac OS(R).
    For more information about Absolute and its line of Computrace and
Computrace LoJack for Laptops solutions visit www.absolute.com.

    
    (*) For a complete list of firmware-supported computers visit
    http://www.absolute.com/products/bios-compatibility.
    

    About Absolute Software

    Absolute Software Corporation is the leader in computer theft recovery,
data protection and secure IT asset management solutions. Absolute Software
provides organizations and consumers with solutions in the areas of regulatory
compliance, data protection and theft recovery. The Company's Computrace
software is embedded in the firmware of computers by global leaders, including
ASUS, Dell, Fujitsu, Gammatech, Gateway, 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 and Computrace, visit www.absolute.com and
www.absolute.com/blog.

    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
availability of our products and services, the compatibility of our products
with other products and technologies, 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)2009 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. Windows is a registered trademark of Microsoft Corporation in
the United States and other countries. Mac OS is a trademark of Apple Inc.,
registered in the U.S. and other countries. Computrace U.S. patents No.
5,715,174, No. 5,764,892, No. 5,802,280, No. 5,896,497, No. 6,244,758, No.
6,269,392, No. 6,300,863, and No. 6,507,914. Canadian patents No. 2,284,806
and No. 2,205,370. U.K. patents No. EP793823 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.

    %SEDAR: 00013849E




For further information:

For further information: Absolute Software contacts: Public Relations:
Leslie Campisi, Affect Strategies, leslie@affectstrategies.com or (212)
398-9680 x144; Investor Relations: Dave Mason, CFA, The Equicom Group,
dmason@equicomgroup.com or (416) 815-0700 x237

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