Absolute Software and McAfee, Inc. to Collaborate on Interoperable Risk Management Solution

    Absolute joins McAfee Security Innovation Alliance; plans to integrate
    Computrace with McAfee ePolicy Orchestrator

    VANCOUVER, Jan. 29 /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 has joined as a founding member
of the McAfee(R) Security Innovation Alliance(TM). As part of the program,
Absolute will integrate its industry standard theft recovery, remote data
delete and IT asset management solution Computrace with McAfee ePolicy
Orchestrator(R) (ePO(TM)) to help deliver a complete security and compliance
risk management solution for joint customers.
    "Absolute is excited to be part of McAfee's Security Innovation Alliance
program," said John Livingston, Chairman and CEO of Absolute Software. "McAfee
is taking a real leadership role in providing enterprise customers with
integrated security and management capabilities. Integrating our products with
the McAfee ePO management console provides customers with both secure and
manageable solutions."
    McAfee ePolicy Orchestrator is an ideal platform for supporting a layered
approach to computer security. ePO allows organizations to centrally-manage
multiple security and compliance products from a number of best of breed
vendors. For example, joint McAfee and Absolute customers can use ePO for
visibility into their corporate antivirus solution and encryption software as
well as Absolute's theft recovery, remote data delete and IT asset management
products - from the same user interface.
    Absolute is a founding member of the McAfee Security Innovation Alliance.
Membership in the Alliance also offers Absolute the opportunity to network
with McAfee and other Alliance members to develop, test and market
interoperable solutions for security and compliance risk management.
    "Absolute Software is a key addition to the McAfee Security Innovation
Alliance," said Joe Gottlieb, vice president of corporate strategy and
technology alliances, McAfee. "Computrace provides three essential components
of a layered data security strategy: remote data delete capability, the
ability to physically recover stolen laptops and IT asset management designed
specifically to track laptops that are in the field. Using McAfee ePolicy
Orchestrator, our joint customers can easily couple these capabilities with
best-of-breed encryption solutions to provide the highest degree of data
breach protection."

    How Computrace Solutions Work

    The Computrace(R) Software Agent that powers Absolute Software's
solutions is embedded in the BIOS of computers from the world's leading
computer manufactures.(1) It can be activated by customers when they purchase
a subscription with terms ranging from one to four years.
    When a computer equipped with Computrace is reported stolen, Computrace
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 firmware of a
computer, the stealthy Computrace Agent is capable of surviving operating
system re-installations, as well as hard-drive reformats, replacements and
    For more information on Absolute Software and its range of Computer Theft
Recovery, Data Protection and Secure Asset Tracking(TM) solutions, please
visit www.absolute.com or www.lojackforlaptops.com/.

    (1) For a complete list of BIOS-supported computers visit

    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, the successful
integration of Absolute's products with those of McAfee 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.
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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