Agreement will expand LoJack for Laptops distribution to
major online, B2B and retail outlets
VANCOUVER, Feb. 15 /CNW/ - Absolute® Software Corporation ("Absolute" or
the "Company") (TSX: ABT), the leading provider of firmware-based,
patented, computer theft recovery, data protection and secure computer
lifecycle management solutions announced today that it will be
expanding the distribution of its consumer solution LoJack® for Laptops
in partnership with SYX Distribution, a company that is an affiliate
of, and provides distribution services to, TigerDirect, CompUSA and
"Our research indicates that 40% of consumers have more than seven
computer devices in their homes - many of these are treasured laptops,
MacBooks and PCs. These represent a substantial investment and target
for would-be thieves," said Mark Grace, vice president of consumer
business at Absolute Software. "By making our solution widely available
through TigerDirect's trusted shopping venues customers use to
purchase these devices, we are making it that much more convenient for
consumers to get proven anti-theft protection."
Beginning in the first quarter of calendar 2011, LoJack for Laptops will
be available to consumers as part of their computer purchasing
experience at major online, B2B and retail locations including:
CompUSA, TigerDirect, and Circuit City. In addition, these retailers
will offer LoJack for Laptops as part of all of their computer service
offerings (for example, repair services, technical support services,
and software installation services). The product may also be purchased
as part of Service Warranty Plans and from the TigerDirect and
CompUSA's B2B sales teams.
"LoJack for Laptops gives computer owners a degree of peace of mind that
contributes to a better experience owning a computer," said Gilbert
Fiorentino, CEO of TigerDirect. "This offering is a good addition to
the value we can offer our customers."
LoJack for Laptops is the industry's leading computer anti-theft
solution for home computer users. Powered by patented Computrace®
technology, LoJack for Laptops is the chosen consumer theft recovery
solution of the world's leading computer manufacturers.
Features of the subscription-based service include:
Geolocation - For day-to-day use (in non-theft scenarios), consumers can
keep track of their computer on an internet-based map.
Device freeze - If a computer is suspected to be simply lost and not
stolen, customers can freeze their computer and display a custom
message for whoever finds it. In addition, an unauthorized user cannot
access the content on the computer, keeping private information safe in
an effort to prevent identity theft.
Remote data delete - To protect their personal information, customers
can choose to delete a pre-set group of files or all files, including
the operating system.
Managed theft recovery - If a computer is stolen, the Absolute Theft
Recovery Team will work with local law enforcement to recover it.
About Absolute Software
Absolute Software Corporation (TSX: ABT) is the leader in tracking,
managing and protecting computers and mobile devices. The Company's
Computrace, Absolute Manage and LoJack® for Laptops solutions provide theft recovery, data protection and
computer lifecycle management capabilities to organizations and
consumers. The Company's software agent is embedded in the firmware of
computers by global leaders, including Acer, 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, visit www.absolute.com and http://blog.absolute.com.
TigerDirect (http://www.tigerdirect.com) serves the needs of both personal and business computer users, selling
consumer electronics, computers, digital media technology and
peripherals via retail stores, catalog and Internet channels.
TigerDirect is a subsidiary of Systemax Inc. (NYSE: SYX).
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.
©2011 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 Corporation. LoJack Corporation is not
responsible for any content herein. U.S. patents No. 5,715,174, No.
5,764,892, No. 5,802,280, No. 5,896,497, No. 6,087,937, No. 6,244,758,
No. 6,269,392, No. 6,300,863, No. 6,507,914, No. 7818557, No. 7818803.
Canadian patents No. 2.211.735, No. 2,284,806 and No. 2,205,370. U.K.
patents No. EP793823, No. GB2298302 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.
SOURCE Absolute Software Corporation
For further information:
Kate Ryan, Affect Strategies
firstname.lastname@example.org or (212) 398-9680
Dave Mason, CFA, TMX|Equicom
email@example.com or 416.815.0700 x237