Best-selling laptop theft recovery and data protection service now
available at leading Canadian consumer electronics retailer
VANCOUVER, Aug. 18 /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) solutions announced today that its Computrace(R) LoJack(R) for
Laptops Premium is now available at Future Shop's 133 retail outlets and
online at futureshop.ca.
"We're excited to introduce Computrace LoJack for Laptops to Canada's
largest consumer electronics retailer," said Mark Grace, Vice President of
Consumer Business for Absolute. "Having Future Shop as a retail partner will
further our reach into the Canadian market. And, with targeted marketing
opportunities, our message will be able to reach an additional 3.7 million
Canadian households over the next quarter."
Absolute is now offering a one-year subscription to its a home office
computer theft recovery and data protection service, Computrace LoJack for
Laptops Premium, to Future Shop customers. As an added convenience, Computrace
LoJack for Laptops can be installed by Future Shop's ConnectPro experts as
part of a security bundle or a standalone upgrade. Future Shop customers can
choose to have the ConnectPro team install and activate Computrace as part of
their purchase, so that their computers can be protected the minute that they
leave the store.
"As a retailer of a wide selection of notebook and laptop computers,
we've seen laptop theft and identity theft become a significant concern for
consumers," said Chris Barwig Merchandise Manager - Software & Tech Services
for Future Shop. "Offering Absolute's Computrace LoJack for Laptops through
Future Shop will make it that much easier for our customers to protect their
new computers and the precious information they often contain."
How Computrace LoJack for Laptops Solutions Work
Based on the same technology used by Absolute's corporate customers,
Computrace(R) software is embedded in the firmware of computers from the
world's leading computer manufacturers right at the factory for extreme
tamper-resistance(1). The stealthy Computrace Agent is capable of surviving
operating system re-installations, as well as hard-drive reformats,
replacements and re-imaging. It can be activated by customers when they
purchase a subscription with terms ranging from one to four years.
Computrace LoJack for Laptops Premium edition features a powerful Data
Delete service that can remotely erase sensitive files, such as banking
records, Internet cookies or photographs, for computer theft victims who are
concerned about their privacy. Once initiated, this data protection service
remotely deletes sensitive information using an algorithm that meets the U.S.
Department of Defense deletion standard DOD5220.22-M.
In addition to theft recovery and Data Delete services, the Premium
edition comes with a Service Guarantee of up to $1000 if the computer is not
recovered or a Data Delete service cannot be performed(2).
Backed by the Absolute Theft Recovery Team
All Absolute theft recovery solutions are backed by the efforts of the
Absolute Theft Recovery Team. Staffed by former law enforcement officers, the
team can find stolen computers because they have relationships with over 1,000
police departments across North America. With over 650 years of combined law
enforcement experience, the Absolute Theft Recovery Team recovers an average
of 50 lost or stolen computers on a weekly basis.
When a computer is stolen, the Absolute Theft Recovery Team uses
information sent via Computrace to investigate computer thefts, document
evidence and work with local law enforcement to physically recover missing
computers and prosecute computer thieves. To augment their investigation, the
team uses a powerful set of theft recovery tools developed by Absolute, which
include capabilities such as keystroke loggers, cameras, location tracking
(Wi-Fi, GPS) and remote access tools. These tools are only employed post-theft
with express customer authorization and consent and are used exclusively by
Absolute's trained professionals in order to protect privacy.
For more information about Absolute and its line of Computrace LoJack for
Laptops solutions visit www.lojackforlaptops.com and www.absolute.com.
(1) For a complete list of BIOS-supported computers visit
(2) For complete Security Guarantee details 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, 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.
This press release contains forward-looking statements that involve risks
and uncertainties, including but not limited to statements regarding the
extent of Absolute's Canadian marketing opportunities and the number of
households reached, the level of difficulty of protecting customer computers
against theft, including data theft, the performance of Absolute's services
and technologies, and the possible outcomes of a theft recovery or Data Delete
effort, among others. 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)2008 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 Corp. LoJack Corporation is not responsible for any content
herein. 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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Strategies, firstname.lastname@example.org or (212) 398-9680 x144; Investor
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(416) 815-0700 x237