Absolute Launches Computrace LoJack for Laptops in Europe

VANCOUVER, Jun 24, 2009 (Canada NewsWire via COMTEX) -- ABT | Quote | Chart | News | PowerRating -- e> << Software backed by Absolute Theft Recovery Team brings data protection and laptop recovery to consumers in Europe >>

Absolute(R) Software Corporation (TSX: ABT), the leading provider of firmware-based, patented, computer theft recovery, data protection and secure IT asset management solutions, has announced that its home and small business laptop theft recovery and data protection solution, Computrace(R) LoJack(R) for Laptops, is now available for purchase in Europe.

Computrace LoJack for Laptops by Absolute Software, aimed at general laptop users, students and small businesses, is a theft recovery and data protection service that uses software to track, locate and recover stolen laptop and desktop computers. It is backed by the Absolute Theft Recovery Team, which uses the technology and investigative techniques to trace a stolen computer and gather evidence, and then works with local authorities to recover the computer. In addition, data can be deleted remotely from a stolen computer to help protect the customer's private information.

This is the first European consumer offering from the company that created computer theft recovery and has been helping European companies combat laptop theft and protect sensitive data with its mobile device and asset tracking technology. The launch follows the success of the Computrace LoJack for Laptops product in North America, where over one million subscribers have the software to protect their personal computers and the information on them.

"Computer security is not just a business issue - it's something every individual with any type of computer needs to consider," said John Livingston, Chairman and CEO at Absolute Software. "Consumers and small businesses in Europe can now get the same theft protection and data delete service that European companies have been using for years."

"Research by the Ponemon Institute shows that 900 laptops go missing just from Heathrow Airport each week. With that in mind, the need for a theft recovery service designed specifically for consumers is an urgent requirement for Europeans. Computrace LoJack for Laptops has proven to protect against theft, as well as enabling remote data deletion and the recovery of the computer if it is stolen," added Livingston. "In short, the service gives people a safeguard against theft and a contingency plan should the worst happen."

How Computrace LoJack for Laptops by Absolute Software Works

Computrace LoJack for Laptops is powered by patented Computrace technology from Absolute. It is embedded in the firmware of computers from the world's leading computer manufacturers* right at the factory or it can be installed by the customer. When embedded in the firmware, Computrace can survive operating system re-installations, as well as hard-drive reformats, replacements and re-imaging. The technology is virtually undetectable and calls home to the Absolute Monitoring Center with location information. The Computrace Agent can be activated by customers when they purchase a subscription for Computrace LoJack for Laptops ranging from 1-3 years.

All Absolute theft recovery solutions are backed by the efforts of the Absolute Theft Recovery Team. When a computer equipped with Computrace LoJack for Laptops is reported stolen, the Computrace Agent sends a silent signal over the Internet to the Absolute Monitoring Center, allowing the Absolute Theft Recovery Team to forensically mine the computer using a variety of procedures including key captures, registry scanning, file scanning, geolocation, and other investigative techniques to determine who has the computer and how it is being used. Absolute then works with local law enforcement to recover the computer. Staffed by former law enforcement officers, the team finds stolen computers through their relationships with police departments around the world. With over 650 years of combined law enforcement experience, the Absolute Theft Recovery Team recovers an average of 85 stolen computers per week.

Pricing and Availability

Computrace LoJack for Laptops is available to buy online at www.absolute.com. A one-year license can be purchased for (pnds stlg)45.99 in the U.K. and (euro)52.89 throughout Europe. It is available for Windows(R) and Mac OS(R).

For more information about Absolute and its line of Computrace and Computrace LoJack for Laptops solutions visit www.absolute.com.

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    * For a complete list of firmware-supported computers visit
    http://www.absolute.com/products/bios-compatibility.
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About Absolute Software

Absolute Software Corporation 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 software is embedded in the firmware of computers by global leaders, including ASUS, Dell, Fujitsu, Gammatech, Gateway, 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 and www.absolute.com/blog.

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, the availability of our products and services, the compatibility of our products with other products and technologies, 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)2009 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. Windows is a registered trademark of Microsoft Corporation in the United States and other countries. Mac OS is a trademark of Apple Inc., registered in the U.S. and other countries. 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.

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SOURCE: Absolute Software Corporation

Absolute Software contacts: 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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