Absolute's Computrace LoJack for Laptops Now Available on Costco.com



    Best-selling laptop theft recovery and identity protection service now
    available to Costco members

    VANCOUVER, July 23 /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 its solutions will now be
available from Costco Wholesale(R) Corporation, which will distribute
Absolute's home office computer theft recovery and identity protection service
Computrace(R) LoJack(R) for Laptops on Costco.com. To access a limited time
special pricing offer for Costco members, visit www.costco.com and use the
search term "LoJack".
    Absolute now offers Costco members a two-year subscription to Computrace
LoJack for Laptops Standard and Premium editions via Costco's online commerce
platform. Subscriptions are available for both PC and Mac users.
    Costco members will also benefit from a special discount in the August
2008 issue of the Costco Connection(R) magazine. This is a lifestyle magazine
for Costco members mailed monthly to the homes of 6.2 million Executive and
Business Members.
    "We're excited to introduce Computrace LoJack for Laptops to the large
U.S. customer base of Costco.com," said Mark Grace, Vice President of Consumer
Business for Absolute. "Costco has distinguished itself among consumers as a
major consumer computer retailer with a large selection of computers and
software products. Offering Computrace LoJack for Laptops through Costco's
convenient online shopping cart will make it that much easier for consumers to
obtain protection for their computers and the precious information they often
contain."

    How Computrace LoJack for Laptops Solutions Work

    Based on the same technology used by Absolute's corporate customers,
Computrace(R) software is embedded in the firmware of computers from the
world's leading computer manufacturers right at the factory for extreme
tamper-resistance.(1) The stealthy Computrace Agent is capable of surviving
operating system re-installations, as well as hard-drive reformats,
replacements and re-imaging. It can be activated by customers when they
purchase a subscription with terms ranging from one to four years.
    Computrace LoJack for Laptops Premium edition features a powerful Data
Delete service that can remotely erase sensitive files, such as banking
records, Internet cookies or photographs, for computer theft victims who are
concerned about their privacy. Once initiated, this identity protection
service remotely deletes sensitive information using an algorithm that meets
U.S. Department of Defense standards.
    In addition to theft recovery and Data Delete services, the Premium
edition comes with a Service Guarantee of up to $1000 if the computer is not
recovered or a Data Delete service cannot be performed.(2)

    Backed by the Absolute Theft Recovery Team

    All Absolute theft recovery solutions are backed by the efforts of the
Absolute Theft Recovery Team. Staffed by former law enforcement officers, the
team can find stolen computers because they have relationships with over 1,000
police departments across North America. With over 650 years of combined law
enforcement experience, the Absolute Theft Recovery Team recovers an average
of 50 lost or stolen computers on a weekly basis.
    When a computer is stolen, the Absolute Theft Recovery Team uses
information sent via Computrace to investigate computer thefts, document
evidence and work with local law enforcement to physically recover missing
computers and prosecute computer thieves. To augment their investigation, the
team uses a powerful set of theft recovery tools developed by Absolute, which
include capabilities such as keystroke loggers, cameras, location tracking
(Wi-Fi, GPS) and remote access terminals. These tools are only employed
post-theft with express customer authorization and consent and are used
exclusively by Absolute's trained professionals in order to protect privacy.
    For more information about Absolute and its line of Computrace LoJack for
Laptops solutions visit www.lojackforlaptops.com and www.absolute.com.

    (1) For a complete list of BIOS-supported computers visit
    www.absolute.com/BIOS.
    (2) For complete Security Guarantee details visit
    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, MPC, 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.

    %SEDAR: 00013849E




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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