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Absolute(R) Software Corporation (TSX: ABT), the leading provider of firmware-based, patented, computer theft recovery, data protection and secure IT asset management solutions announced today that a large computer manufacturer's customer care offerings now include mobile computer management and anti-theft solutions powered by Computrace(R).
The Computrace-powered solution, which includes computer theft recovery, remote data deletion and IT asset management capabilities, launched this month as a standalone offering within the manufacturer's customer care offerings designed for European small and medium businesses (SME), and is sold by the manufacturer and its resellers across Western Europe.
"The small and medium-sized business segment is a challenging market to reach on a global basis," said William Pound, Vice-President, Global Corporate Development at Absolute Software. "Incorporating Absolute's solutions into the existing sales channels of major computer manufacturers allows customers to purchase our products from their trusted source in the manner they are accustomed to. This is a key strategy in our international expansion program."
Computrace technology is embedded in the firmware of computers from the world's leading manufacturers and it can be easily activated by the customer.* Access to Computrace solutions is typically activated by customers when they purchase a subscription with terms ranging from one to five years. Computrace solutions allow IT professionals to track stolen computers, delete data remotely to protect confidential information, detect unauthorized software or missing hardware and help ensure regulatory compliance.
If a computer is stolen, the Absolute Theft Recovery Team can use information sent by the computer and forensically mine it using a variety of procedures including key captures, registry scanning, file scanning, geo-location, and other investigative techniques to determine who has the computer and how it is being used. Absolute then works with local law enforcement to help recover the computer. Embedded in the firmware of a computer, the stealthy Computrace Agent is capable of surviving operating system re-installations, as well as hard-drive reformats, replacements and re-imaging.
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* For a complete list of firmware-supported computers visit:
www.absolute.com/firmware
About Absolute Software
>>
Absolute Software Corporation (TSX: ABT | Quote | Chart | News | PowerRating) is the leader in computer theft recovery, data protection and Secure Asset Tracking(R) 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 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 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, 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.
(C)2009 Absolute Software Corporation. All rights reserved. Computrace, Absolute and Secure Asset Tracking 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.
%SEDAR: 00013849E
SOURCE: Absolute Software Corporation
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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