Absolute Software recovers over 200 stolen computers in the month leading
up to Christmas Holiday
VANCOUVER, Dec. 13 /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 several incidents where its home computer anti-theft product
Computrace(R) LoJack(R) for Laptops(TM) helped recover client computers in
time for the holidays. The product is available direct from Absolute Software,
through major computer software retailers and with the purchase of new
computers direct from computer manufacturers.
"We've recovered nearly 5,000 computers for our customers, a majority of
which have come in the last 18 months," said Lyle Singular, Director of
Recovery Services for Absolute Software. "Two weeks ago we recovered
113 computers - our single biggest recovery week ever. It gives our entire
team a great sense of pride to be able to make a difference in so many
people's lives by protecting laptops and returning stolen computers in time
for the holidays."
Available direct from Absolute Software, major retail stores and most
computer manufacturers, Computrace LoJack for Laptops is an anti-theft system
for small business and home use. Like most of Absolute Software's corporate
suite of products, Computrace LoJack for Laptops tracks stolen computers and
assists law enforcement in recovering computers and prosecuting thieves.
Below are some recent examples of Computrace LoJack for Laptops at work
in the personal computing market:
Tallahassee Student Gets Stolen Computer Back in Time for the Holidays
A Tallahassee student was shocked when she awoke to find that thieves had
entered her locked apartment while she slept. The thieves silently removed the
student's television and her laptop computer - which stored irreplaceable
photos and other personal files. The Tallahassee Police Department and
Absolute Software's Theft Recovery Team were alerted and began investigating.
According to a police spokesperson, "Because this case didn't have much
evidence, it was given a low priority."
Several days later, information transmitted by the Computrace Agent
hidden in the stolen laptop, allowed the burglary unit to obtain a search
warrant for an apartment address. With the search warrant in hand,
investigators searched the apartment and were able to return both the
television and laptop to the burglary victim. According to the victim's
mother, "My daughter has recommended Computrace to several of her friends and
sorority sisters. There is more satisfaction in knowing the thieves have been
captured and the items returned than in just having insurance to cover the
Two suspects, one 19, the other 20 years of age, were arrested and now
face charges of burglary and grand theft.
Stolen Laptop Recovered: Leads California Police to Home Invaders
Two thieves broke into the home of a Pittsburg, California resident and,
holding the resident and his wife at gunpoint, made off with: a Gateway laptop
computer, two cellular phones, a Kodak camera, fast track responder, art
supplies - even the man's dentures. After the thieves left, the home invasion
victim informed local police and Absolute's Theft Recovery Team.
Several days later, Computrace LoJack for Laptops traced the stolen
laptop to the private network of a major health management organization. The
HMO's internal Ethics and Integrity Office worked with Pittsburg police to
identify a contractor who had logged onto the network in Oakland and attempted
to install a new operating system. When confronted, the contractor indicated
that he had bought the computer on craigslist from two other men. With close
cooperation between Absolute, HMO IT staff and police, both home invasion
suspects are now in custody and facing charges. The health management
organization is now investigating installing Absolute's corporate product on
Business Traveler Loses Laptop in Costa Rica: No Problem for Computrace
On a regular trip to Costa Rica, a business traveler's laptop was stolen
as it was being loaded into an airport shuttle. The Computrace LoJack for
Laptops subscriber immediately informed local authorities and the Absolute
Theft Recovery Team - suspecting the computer was lost forever.
Absolute Theft Recovery Officers traced the computer to a Costa Rican
architectural firm. Partners at the firm were very surprised to learn that the
computer was stolen property. On further investigation, Costa Rican police
determined that the computer had been sold to a second-hand computer store and
then sold a second time to the architects. The computer has now been returned
to its owner by intrigued Costa Rican police.
How It Works
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. The stealthy Computrace software Agent can
survive accidental or deliberate attempts at removal or disablement. With
embedded support in the BIOS(1) firmware of a computer, the Computrace Agent
is capable of surviving operating system re-installations, as well as
hard-drive reformats, replacements and re-imaging.
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/.
For more information on Absolute's success in recovering lost or stolen
computers, please visit
(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.
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