Seasoned technology executive, Daniel P. Ryan, appointed to
Absolute's Board of Directors
VANCOUVER, June 27, 2011 /CNW/ - Absolute® Software Corporation ("Absolute" or the "Company") (TSX: ABT), the
leading provider of firmware-based endpoint security and management
solutions that reduce IT costs, prove regulatory compliance, respond to
computer theft, and optimize productivity, announced the appointment of
Daniel P. Ryan to Absolute's Board of Directors, effective June 27,
"Absolute is at the center of the convergence of endpoint security and
endpoint management," said Mr. Ryan. "This is an exciting time to be in
this industry, and Absolute is bringing to market some innovative
solutions to help organizations solve the challenge of securely
Mr. Ryan is a seasoned executive with more than 25 years of experience
in the technology sector. He has held senior roles in business
development, sales, marketing and product strategy, and is currently
the "Entrepreneur-in-Residence" with Split Rock Partners, a U.S.-based
technology and healthcare venture capital firm. Prior to joining Split
Rock, Mr. Ryan served as Chief Executive Officer and Director of the
Board for Pareto Networks, a leader in cloud-based networking, which he
helped position for sale to Aerohive Networks in 2011. Mr. Ryan has
also served as Executive Vice President and General Manager for
McAfee's Network Security Unit, joining McAfee in 2008 when it acquired
Secure Computing where he was Chief Executive Officer and Director of
the Board. Before Secure Computing, Mr. Ryan was Senior Vice President
of Enterprise Content Management at Oracle, following its 2006
acquisition of Stellent where he was Chief Operating Officer. Mr. Ryan
holds a Bachelor of Science degree in Mathematics and Economics from
the University of Minnesota.
"We are very pleased to have a person of Dan's caliber join Absolute's
Board of Directors," said John Livingston, Chairman of the Board and
Chief Executive Officer at Absolute Software. "Dan's extensive industry
experience, eye for technology leadership, merger and acquisition
background and deep understanding of the trends driving our growth will
be valuable assets as we continue to strengthen Absolute's position as
a global leader in endpoint security and management."
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.
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.
©2011 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:
Kate Ryan, Affect Strategies
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Dave Mason, CFA, The Equicom Group
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