Best Buy Canada adds Absolute's consumer product to store shelves and
Geek Squad service offerings
VANCOUVER, Dec. 19 /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)
announced today that its personal computing product, Computrace(R) LoJack(R)
for Laptops(TM) is now being distributed by Best Buy Canada. Best Buy will
offer this product in-store as well as through its Geek Squad 24 hour in-home
and in-office computer support services.
According to John Livingston, Chairman and CEO of Absolute Software, "We
are pleased to be working with Best Buy, a major distribution channel for many
of our computer manufacturer partners. Making Computrace LoJack for Laptops
available through Best Buy and its Geek Squad is an excellent opportunity to
increase attach rates to our theft recovery services. As well, our theft
protection solution will benefit from the consultative sales expertise of Best
Buy's employees as they work with new laptop buyers."
"With the rapidly-expanding consumer interest in laptop computers and the
holiday shopping season in full swing, Computrace LoJack for Laptops is a
timely addition to our product portfolio," said Andrew Grantham, National
Business Sales and Service Manager, Best Buy and the Geek Squad. "The service
offers both our retail customers and Geek Squad clients an additional
inexpensive option for protecting their new investment in a laptop computer."
Livingston continued, "During the busy holiday season, laptop computers
and the personal information they contain are attractive targets for would-be
identity thieves. We have recovered literally thousands of computers for our
customers and remain the leading solution designed to allow consumers and
police to strike back at computer criminals. With the product available on
store shelves at another major retailer, protecting computers from theft is
that much more convenient for holiday shoppers."
How It Works
Support for the software agent that powers Computrace LoJack for Laptops
is built into computers from the world's leading manufacturers during the
manufacturing process(1). The agent is shipped turned off, and can be
activated with the purchase of a subscription to Computrace LoJack for
Laptops. When a Computrace-equipped computer is reported stolen, the embedded
Computrace agent sends a silent signal to Absolute's Monitoring Center
providing critical location information. Absolute then works with local law
enforcement to recover the computer, and, if necessary, assist with search
warrant applications and subpoenas to ISP's. Hidden in the BIOS of a computer,
the 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, 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,
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, 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
(C) 2007 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.
For further information:
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