Absolute Software's Computer Lifecycle Management Solution Selected by
University of Texas

Texas' largest university system deploys Absolute Manage on all their Mac computers

VANCOUVER, Feb. 3 /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 that the University of Texas has selected Absolute Manage for deployment on all their Mac(R) computers.

"As the number of Mac systems at the university grew, we found that our organization (the central IT department for the University of Texas at Austin) needed a more scalable and reliable systems management solution that could accurately inventory and manage our Mac systems," said Cam Beasley, Chief Information Security Officer for the University of Texas at Austin. "After evaluating several solutions, we were impressed with the asset inventory, software distribution, disk imaging, and scaling capabilities of Absolute Manage that are essential for better accountability and maintaining a healthy and secure computing environment in a federated environment like ours."

Absolute Manage is the computer lifecycle management solution from Absolute Software that gives organizations an easy and automated way to manage PC and Mac(R) computers, as well as iPhone(R) devices, from a single interface. IT administrators using Absolute Manage can efficiently manage all their assets by automating time-consuming IT processes such as software distribution, patch management, asset inventory and disk imaging. Additionally, it helps organizations save money by allowing them to track installed applications and licenses, redeploy under-used licenses and hardware to maximize inventory, and avoid non-compliance fines.

"The University of Texas has always been a leader in technology and has set the standard in how best to take advantage of technology for their staff and students," said John Sarantakes, vice president of North American Sales at Absolute Software. "And now that they have chosen Absolute Manage, they can demonstrate better accountability for their resources, save time and money managing their computers and use those resources in other areas that improve learning outcomes across the university."

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(R) for Laptops solutions provide theft recovery, data protection and IT asset 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.

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, 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) 2010 Absolute Software Corporation. All rights reserved. Computrace, Absolute and Secure Asset Tracking 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. 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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SOURCE Absolute Software Corporation

For further information: For further information: 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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