Absolute Software Announces State-Wide Purchasing Contract with State of Georgia

    First state-wide purchase contract for Computrace, covering
    35 universities, 29,000 staff, 11,000 faculty members and other
    Georgia State agencies; negotiations underway to extend coverage to
    260,000 students across Georgia

    VANCOUVER, Aug. 1 /CNW/ - Absolute(R) Software Corporation ("Absolute"),
the leading provider of firmware-based, patented Computer Theft Recovery, Data
Protection and Secure Asset Tracking(TM) solutions announced that the State of
Georgia has signed a state-wide purchase contract with Absolute to encourage
and enable state agencies and universities to acquire Absolute's Computrace
solutions at a volume discount as part of their "Securing Sensitive Data"
initiative. The purchasing contract was negotiated with the Information
Technology Contracts and Licensing Administration, a unit within the Office of
the Chief Information Officer, in cooperation with the Chief Information
Security Officer at the University of Georgia at Athens (UGA) and the UGA
Procurement Office.
    "We consider this agreement to be a testament to the leadership and
commitment of the State of Georgia and its agencies to help protect its
employees and residents from mounting computer and data security threats,"
said John Livingston, Chairman and CEO of Absolute Software. "The goal for
this agreement is to provide coverage for 35 universities in Georgia
representing over 260,000 students, 29,000 staff and 11,000 faculty members,
as well as other State agencies in Georgia, and will serve as a template to
pursue similar contracts in other states."
    Mr. Livingston continued, "The University of Georgia implemented
Computrace solutions in certain of their departments beginning in 2005, and
remains a long-standing customer of Absolute. This contract enables security
and IT teams within the Georgia higher education system and at agencies across
Georgia to extend our services state-wide. We expect to see purchases under
this agreement begin during the quarter ending September 30, 2007."
    "Securing data is a critical initiative for anyone using computing
devices," said Stanton Gatewood, UGA's chief information security officer. "We
are increasingly a mobile society and need to stay in frequent communication
with laptop and tablet devices. Absolute gives us an added layer of defense
and protection for our mobile resources, helping us to protect the investment
in our hardware and the integrity of our data."
    Computrace is currently available to faculty and staff only; however,
negotiations are under way to offer the software to students. For more info
about UGA's recommendations on IT best practices and Computrace, click here:

    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, 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)2007 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. All other trademarks are property of
    their respective owners. 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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