Absolute Wins 2008 Company of the Year Award



    Absolute recognized by the British Columbia Technology Industry
    Association

    VANCOUVER, June 16 /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 Asset
Tracking(TM) solutions announced today that it was awarded Company of the Year
by the British Columbia Technology Industry Association at an awards ceremony
on June 12, 2008.
    Absolute was selected as Company of the Year from a group of three
finalists at the 2008 Technology Impact Awards held in Vancouver, BC. This
award comes on the heels of Computrace(R)Complete, Absolute Software's premium
offering, receiving the 2008 CODiE award for "Best Data Security Solution."
    Absolute Software offers Computrace, a software-as-a-service (SaaS)
solution, for post-theft computer recovery, remote data delete and
off-the-network IT asset management backed by a Service Guarantee of up to
$1,000.(*) The Computrace suite delivers comprehensive management for
organizational notebook computers and provides assistance in the growing areas
of regulatory compliance, data breach prevention and data breach mitigation.
For consumers, Absolute also offers Computrace LoJack(R) for Laptops, a theft
recovery solution offering corporate-calibre technology and services to
individual computer owners.
    "British Columbia is home to some of the world's leading technology
companies, many of whom were in the audience at the awards," said John
Livingston, Chairman and CEO of Absolute Software. "It was an honour for us to
be chosen as Company of the Year by BCTIA from amongst such a high calibre of
companies. From our head office in Vancouver, Absolute has been able to blaze
the trail for software-as-a-service in Canada and for the new anti-theft
computing category. This award recognizes our team's hard work and dedication
to the cause over the past 15 years."
    For more information on the complete range of Computrace solutions for
organizations and individuals, please visit www.absolute.com or
www.lojackforlaptops.com.

    (*) For Service Guarantee details, refer to
http://www.absolute.com/service_agreement.pdf.

    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, 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.

    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, 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.
LoJack is a registered trademark of LoJack Corporation, used under license by
Absolute Software Corp. 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. 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, 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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