Absolute Sponsors Laptop Management and Theft Prevention Webinar on November 5

    U.S. and Canadian school districts to present laptop management best
    practices during educational web seminar

    VANCOUVER, Oct. 21 /CNW/ - Absolute(R) Software Corporation ("Absolute"
or the "Company") (TSX: ABT), the leading provider of firmware-based(1),
patented, computer theft recovery, data protection and secure IT Asset
management solutions announced that it will sponsor a webinar hosted by
eSchool News on November 5, 2008, featuring the first-hand laptop management
and theft prevention experiences of two North American school districts.
During the 60-minute event, speakers from Canada's Surrey School District and
Arizona's Dysart Unified School District will discuss best practices for
managing laptops and deterring theft using the highly-mobile school
environment as an example.

    Date: November 5, 2008
    Time: 2:00pm ET/11:00am PT
    Duration: 1 hour
    To Register:

    Find out how one of the largest school districts in Canada:

    -   Manages a cross-platform inventory of PC and Apple computers

    -   Accurately inventories and tracks thousands of computers with an
        automated method

    -   Ensures software license compliance on a daily basis to avoid
        regulatory penalties

    Learn how one of Arizona's fastest growing school districts:

    -   Prepares students for life in the new century by integrating
        technology as a fundamental building block

    -   Deters theft and reduces loss rates by recovering stolen laptops and
        catching the perpetrators

    -   Accurately inventories all computers to demonstrate accountability

    Speaking Panel:

    -   Dan Turner, Director, Information Management Services, Surrey School

    -   Michelle Benham, Technical Services Supervisor, Dysart Unified School

    To learn more information about Absolute's mobile computer management
solutions for education, please visit:

    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 firmware-supported computers visit

    About Absolute Software

    Absolute Software Corporation (TSX: ABT) is the leader in computer theft
recovery, data protection and secure 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(R) software is embedded in the firmware of computers by global
leaders, including Dell, Fujitsu, MPC, 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 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. Japanese patent No. JP4067035. The Toronto Stock Exchange has neither
approved nor disapproved of the information contained in this news release.

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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