Absolute adds geofencing capabilities for commercial customers
VANCOUVER, Sept. 9 /CNW/ - Absolute(R) Software Corporation ("Absolute"
or the "Company") (TSX: ABT), the leading provider of firmware-based,
patented, computer theft recovery, data protection and secure IT asset
management solutions announced today the launch of geofencing capabilities
with its commercial line of Computrace(R) products.
The Absolute geofencing feature allows IT asset managers to incorporate
the physical location of a device into their IT Asset Management strategy.
Customers will be alerted after a laptop or mobile device goes beyond a
virtual perimeter the customer has defined on a web-based map within the
online Absolute Customer Center. To better protect the device and the data on
it, the IT asset manager then can take the appropriate action, such as
deleting data from the device and, if necessary, reporting it stolen.
"Companies are looking to Absolute for better ways to secure their IT
assets," said John Livingston, Chairman and CEO of Absolute. "By adding
geofencing, our customers know sooner when mobile devices may be out of their
control, so they can quickly protect the security of those devices."
"Because Absolute customers can draw a geofence on a map, they have more
flexibility in determining the range of devices and do not need to rely on
perimeters predetermined by ZIP codes or city names," said Carter McCrary,
Chief Operating Office at Absolute. "With Computrace geotechnology
capabilities, Absolute customers have more control over the security of their
mobile computing devices."
How Computrace Works
The Computrace Software Agent that powers Absolute's solutions is
embedded in the firmware of computers from the world's leading computer
manufacturers right at the factory or it can be easily installed by the
customer.(*) The Agent is activated by customers when they purchase a
subscription with terms ranging from one to four years.
The Agent regularly contacts the Absolute Monitoring Center - sending
location and IT asset management information to the Absolute Customer Center
portal. Customers log in to the Absolute Customer Center to access that
information, manage their IT asset population, run reports, remotely delete
data and plot the location of their computers and mobile devices on a map.
If a computer is reported stolen by a customer, the Absolute Theft
Recovery Team will forensically mine it using procedures, such as 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 help recover the
computer. Embedded in the firmware of a computer, the stealthy Computrace
Agent is capable of surviving operating system re-installations, as well as
hard-drive reformats, replacements and re-imaging.
For a brief demo on how geofencing works with Computrace by Absolute
Software, go to: http://www.absolute.com/geofence-demo
The geofencing feature is available now with Computrace Complete in North
(*) For a complete list of firmware-supported computers visit
About Absolute Software
Absolute Software Corporation (TSX: ABT) is the leader in computer theft
recovery, data protection and Secure Asset Tracking(R) 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 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 and Computrace, visit www.absolute.com and
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.
(C)2009 Absolute Software Corporation. All rights reserved. Computrace,
Absolute and Secure Asset Tracking are registered trademarks of Absolute
Software Corporation. 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.
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