Over Six Million Users Depend Upon Absolute's Mobile Theft Protection
and Device Recovery Services Today
VANCOUVER, June 13, 2013 /CNW/ - Absolute® Software Corporation (TSX: ABT), the industry standard for persistent endpoint security and
management solutions for computers, laptops, tablets and smartphone
devices commends the proactive work of the State of New York's Attorney
General's Office and the San Francisco District Attorney's Office in
convening the "Smartphone Summit" today in New York City.
According to the Federal Communications Commission, in New York City
alone 40 percent of all robberies involve smartphones and other cell
"New York State Attorney General Eric Schneiderman and San Francisco
District Attorney George Gascón should be applauded for their foresight
and efforts today in addressing the alarming increase in mobile phone
theft across America," said John Livingston, CEO at Absolute Software.
"The public needs to be protected and a proactive response is required
to deter these thefts and the risk to public safety they represent.
Unfortunately a growing number of these theft incidents involve
violence as the victim may be held up at gun or knife point or
physically assaulted. The solution already exists and Absolute is
actively speaking with the AG and DA's offices and working with law
enforcement and partners such as Samsung to mitigate the risk
associated with mobile device theft and the associated crimes. With
Absolute's unique stolen smartphone recovery service, those responsible
for theft can be identified and held accountable - and there is no
better deterrence than that."
"We as a nation need to stop the current crime epidemic of smartphone
theft," stated Sean Burke, President at School Safety Advocacy Council
and 25-year Law Enforcement Commander. "The recent partnership of
Absolute Software and Samsung is a major step in that direction and
will help protect our students."
Absolute Software is the only company to offer persistence, a patented
technology embedded into the firmware of computer, tablet and
smartphone devices by the manufacturer. Once activated by the customer,
it provides a trusted connection to the device even if it is wiped or
factory reset. This allows only the legitimate owner a persistent
connection to their device to be able to both recover their private
property and maintain their data privacy.
*FCC, Announcement of New Initiatives to Combat Smartphone and Data Theft, April 10, 2012
About Absolute Software
Absolute Software Corporation (TSX: ABT) is the industry standard in
persistent endpoint security and management for computers, laptops,
tablets and smartphone devices. The Company, a leader in device
security and management tracking for more than 20 years, has over
30,000 commercial customers worldwide. Absolute's solutions -
Computrace®, Absolute Manage®, Absolute Service, Absolute Secure Drive,
and Computrace LoJack for Laptops - provide organizations with
actionable intelligence to prove compliance, securely manage BYOD, and
deliver comprehensive visibility and control over all of their devices
and data. Absolute is positioned on two Gartner, Inc. Magic Quadrants -
the Magic Quadrant for Client Management Tools and the Magic Quadrant
for Mobile Device Management Software. Absolute is one of only four
vendors to be recognized on both Magic Quadrants based on providing
customers with the ability to secure and manage many different types of
devices using a single solution. Absolute persistence technology is
embedded in the firmware of computers, netbooks, tablets and
smartphones by global leaders, including Acer, ASUS, Dell, Fujitsu, HP,
Lenovo, Motion, Panasonic, Samsung, 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.
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.
©2013 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. 7,818,557, No.
7,818,803, No. 7,945,709, No. 8,062,380, No. 8,234,359, No.8,241,369,
No. 8,307,055, No. 8,332,953 and No. 8,418,226. Canadian patents No.
2,211,735, No. 2,284,806, No. 2,205,370 and No. 2,771,208. U.K. patents
No. EP0793823, No. GB2298302, and No. GB2338101. German patent No.
69512534. 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:
Andrea Holland, HORN Group
firstname.lastname@example.org or 415-905-4009
Marina Guy, Absolute Software
email@example.com or 604.730.9851 x107
Kristen Dickson, MSc, TMX|Equicom
firstname.lastname@example.org or 416.815.0700 x273
Dave Mason, CFA, TMX|Equicom
email@example.com or 416.815.0700 x237