VANCOUVER, June 12 /CNW/ - Absolute(R) Software Corporation ("Absolute"
or the "Company") (TSX: ABT), the leading provider of firmware-based,
patented, computer theft recovery, data protection and IT asset management
solutions announces that it has won an international customer for up to
250,000 units of its Computrace(R) data protection and tracking services for a
multi-year term. Absolute's solution will be included with the customer's
netbook purchases from a PC OEM starting in the third quarter of the 2009
calendar year. The netbook purchases are expected to be staggered over several
years. No additional financial details are being disclosed at this time.
About Absolute Software
Absolute Software Corporation (TSX: ABT) is the leader in computer theft
recovery, data protection and IT asset management solutions. Absolute Software
provides organizations and consumers with solutions in the areas of regulatory
compliance, data protection and theft recovery. The Company's Computrace
software is embedded in the firmware of computers by global leaders, including
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 and
Computrace, 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.
(C)2009 Absolute Software Corporation. All rights reserved. Computrace,
Absolute and Secure Asset Tracking 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. Japanese patent No. JP4067035.
The Toronto Stock Exchange has neither approved nor disapproved of the
information contained in this news release.
For further information:
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