Absolute Warns Consumers of Highest Risk Areas for Computer Theft

Absolute Software publishes the top 10 places computers are stolen from and offers holiday special to protect consumers

VANCOUVER, Dec. 15 /CNW/ - Absolute Software Corporation ("Absolute" or the "Company") (TSX: ABT), the leading provider of firmware-based, patented, computer theft recovery, data protection and secure computer lifecycle management solutions revealed today the top 10 target areas for the theft of mobile computers. The maker of LoJack® for Laptops, the leading anti-theft solution for consumers, also announced a special holiday offer on its consumer solution.

The top 10 list reveals that consumer computers are more likely to be stolen while at school or home, where families use their computers the most. The list is based on theft reports filed to the Absolute Theft Recovery Team by Absolute customers over a one-year period. With the holidays approaching, Absolute is warning that the risk of computers being stolen from the home is higher than what may be perceived by consumers.

"The trends in this list may surprise some computer owners. According to our experience, consumers think 'it won't happen to me' and take chances. They often think of security issues only when they are on the move," said Mark Grace, vice president of consumer business at Absolute Software. "However, with schools and residences topping the list of places computers are stolen, owners need to be extra cautious, particularly around the holidays when home burglaries often increase. LoJack for Laptops helps protect you from computer theft year-round. That's why we are offering consumers a give one, get one free deal on LoJack for Laptops this holiday season."

This holiday season, consumers can purchase a license of LoJack for Laptops and receive a second license for a friend or relative, free.* Computer owners can take advantage of this offer by visiting www.lojackforlaptops.com. Once activated, computer owners can access:

  • Geolocation - For day-to-day use (in non-theft scenarios), consumers can keep track of their computer on an internet-based map. Useful for customers who want to check if the computer's location has changed while they are away from home.
  • Device freeze - If a computer is suspected to be simply lost and not stolen, customers can freeze their computer and display a custom message for whoever finds it. In addition, an unauthorized user cannot access the content on the computer, keeping private information safe in an effort to prevent identity theft.
  • Remote data delete - To protect their personal information, customers can choose to delete a pre-set group of files or all files, including the operating system.
  • Managed theft recovery - If a computer is stolen, the Absolute Theft Recovery Team will work with local law enforcement to recover it.

Top 10 Places Consumer Computers Are Stolen

  1. K-12 Schools
  2. Residential Properties
  3. Automobiles
  4. Businesses/Offices
  5. Universities and Colleges
  6. Hotels and Motels
  7. Restaurants and Cafes
  8. Stores and Shopping Malls
  9. Public Transit (includes taxis, buses, trains, etc)
  10. Airports (terminals, security checkpoints, storage areas and airport restaurants)

*Limited time offer. See www.lojackforlaptops.com for additional details and to purchase.

Mark Grace continued, "Last year, Absolute recovered over 5,000 computers, and assisted in the conviction of over 500 felons ranging from burglars to murderers.  With LoJack for Laptops, consumers can strike back against crime. We protect more than 2 million consumers today, let us give you the same peace of mind - knowing your essential computing device and data are protected."

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.

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.

©2010 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

For further information: For further information:

Public Relations:
Kate Lee, Affect Strategies
klee@affectstrategies.com or (347) 878-1193

Investor Relations:
Dave Mason, CFA, The Equicom Group
dmason@equicomgroup.com or 416.815.0700 x237

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