Absolute's ComputraceProfessional Offered with HP Care Pack Services Program



    Solution offers computer tracking, theft recovery and data protection on
    Hewlett-Packard commercial notebook and tablet PCs

    VANCOUVER, Oct. 2 /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 that its Computrace(R)Professional(TM) solution will be
offered as part of the HP Care Pack Services Program.
    The HP Accidental Damage Protection with ComputraceProfessional Care Pack
Service(1), available as an option on commercial notebook and tablet PCs,
offers small business owners protection from physical damage, theft and loss.
Featuring a Recovery Guarantee of up to $1,000(2), ComputraceProfessional can
remotely delete data on a missing computer, assisting small businesses in
meeting the data security and reporting requirements of Sarbanes-Oxley (SOX),
Health Insurance Portability and Accountability Act of 1996 (HIPAA),
California Senate Bill 1386 and Gramm-Leach-Bliley.
    "We are excited to expand our relationship with Hewlett-Packard by
providing additional security options for HP customers," said John Livingston,
Chairman and CEO of Absolute Software. "The combination of HP Accidental
Damage Protection and ComputraceProfessional goes well beyond traditional
warranties to offer a full range of protection against accidental damage,
computer loss or theft, and potential data breaches.
    The Computrace agent that powers ComputraceProfessional is embedded in
the BIOS(3) and is shipped turned off. It can be activated by customers when
they purchase a subscription with terms ranging from one to four years.
    When a computer equipped with ComputraceProfessional is reported stolen,
the Computrace agent sends a silent signal over the Internet to Absolute's
Monitoring Center, providing critical location information. Absolute then
works with local law enforcement to help recover the computer. Embedded in the
BIOS firmware of a laptop, the stealthy Computrace agent is capable of
surviving operating system re-installations, as well as hard-drive reformats,
replacements and re-imaging.
    HP Care Pack Services can be purchased along with HP products as an
optional service contract to a standard warranty. For many post-warranty
products, HP Care Pack Services are available when an original warranty has
expired.
    The HP Accidental Damage Protection with ComputraceProfessional Care Pack
Service is part of the HP Total Care for Small Businesses portfolio, which
includes a range of free and premium support, services and programs to help
ensure customers receive personalized services for every stage of their
computer's life.
    For more information on Computrace Professional or Absolute, visit
www.absolute.com.

    --------------------------------------------

    
    (1) Available in the United States only
    (2) The Absolute Recovery Guarantee is a limited warranty. Certain
        conditions apply. For full details visit:
        www.absolute.com/pdf/eula.pdf. Data Delete is an optional service
        provided by Absolute Software. If utilized, the Recovery Guarantee is
        null and void. In order to use the Data Delete service, customers
        must first sign a Pre-Authorization agreement and then purchase one
        or more RSA SecurID tokens from Absolute Software.
    (3) Visit www.absolute.com/HP for a complete list of BIOS enabled models.
    

    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, HP, Lenovo, 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)2007 Absolute Software Corporation. All rights reserved. Computrace
    and Absolute 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. 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: Courtney Chauvin, Affect
Strategies, courtney@affectstrategies.com or (212) 398-9680; Investor
Relations: Dave Mason, CFA, The Equicom Group, dmason@equicomgroup.com or
(416) 815-0700 x237

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