VANCOUVER and ATLANTA, Feb. 12 /CNW/ - Absolute Software Corporation
(TSX:ABT) ("Absolute", or the "Company"), the leading provider of
firmware-based, patented Computer Theft Recovery, Data Protection and Secure
Asset Tracking(TM) solutions and Assurant Solutions, a leading global provider
of extended service contracts, today announced a program to bundle Absolute's
Computrace(R) LoJack(R) for Laptops with extended service programs offered
through Assurant Solutions' retail partner outlets, online stores and select
OEM warranty programs.
Assurant Solutions, part of Assurant, Inc. (NYSE: AIZ), provides service
plans through more than 10,000 retail stores in the United States. Beginning
in the first half of calendar 2008, Computrace LoJack for Laptops will be
included with certain extended service programs when purchased in conjunction
with new notebook computers at select retail locations.
According to Keith Meier, Senior Vice President and General Manager of
Assurant Solutions extended service business, "Offering Computrace LoJack for
Laptops with our extended warranty programs provides new computer buyers with
a seamless post-purchase service experience. We can now offer computer buyers
a total protection package, from extended service coverage on manufacturer
defects and accidental damage to the physical recovery of lost or stolen
"With more than 600,000 laptops stolen each year, we believe that
computer theft recovery is an essential computer security layer for
consumers," said John Livingston, Chairman and CEO of Absolute Software.
"Together with Assurant Solutions, we are making it easy for consumers to
obtain computer theft protection through the purchase of a third-party
extended warranty program available in hundreds of retail stores across North
Computrace LoJack for Laptops is an affordable and effective computer
theft recovery service for home office, small business and consumers. When a
laptop is protected with Computrace LoJack for Laptops, software installed on
the computer works behind the scenes to silently and securely contact the
Absolute Monitoring Center, and if stolen, to report its location using any
Internet connection. Absolute then works with local law enforcement to recover
the computer backed by a money back guarantee(1).
The Computrace Agent embedded in the BIOS(2) of computers from the
world's leading manufacturers, is shipped turned off, and can be activated by
customers when they purchase a subscription to Computrace LoJack for Laptops.
Subscriptions can be purchased for terms ranging from one to four years.
For more information on Assurant Solutions' extended protection
solutions, please visit
For more information on Absolute Software and its range of Computer Theft
Recovery, Data Protection and Secure Asset Tracking(TM) solutions, please
visit www.absolute.com or www.lojackforlaptops.com.
(1) Certain conditions apply. For full details visit:
(2) For a complete list of BIOS-supported computers visit:
About Assurant Solutions and Assurant
Assurant Solutions businesses develop, underwrite, market and administer
specialty insurance, extended service contracts and other risk management
solutions through collaborative relationships with leading financial
institutions, retailers, automobile dealers, funeral homes, utilities and
other entities. With operations in 25 cities, including executive offices in
Atlanta, Ga., Assurant Solutions serves clients and their customers in 13
countries throughout North America, the Caribbean, Latin America, Europe and
Assurant Solutions is part of Assurant, a premier provider of specialized
insurance products and related services in North American and selected
international markets. Assurant, a Fortune 500 company and a member of the S&P
500, is traded on the New York Stock Exchange under the symbol AIZ. Assurant
has over $25 billion in assets and $7 billion in annual revenue.
About Absolute Software
Absolute Software Corporation (TSX: ABT) is the leader in Computer Theft
Recovery, Data Protection and Secure Asset Tracking(TM) solutions. Absolute
Software provides organizations and consumers with solutions in the areas of
regulatory compliance, data protection and theft recovery. The Company's
Computrace(R) software is embedded in the BIOS of computers by global leaders,
including Dell, Fujitsu, Gateway, 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 or 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 of our services and products, possible
guarantee payment eligibility, 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)2008 Absolute Software Corporation. All rights reserved. Computrace
and Absolute are registered trademarks of Absolute Software Corporation.
All other trademarks are property of their respective owners. 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. The Toronto Stock Exchange has neither approved nor disapproved
of the information contained in this news release.
For further information:
For further information: Public Relations: Leslie Campisi, Affect
Strategies, email@example.com or (212) 398-9680 x144; Assurant
Solutions, External Communications, James A. Sykes, (770) 763-1015,
firstname.lastname@example.org; Investor Relations: Dave Mason, CFA, The Equicom
Group, (416) 815-0700 x237, email@example.com