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Absolute Software Adds Geolocation to LoJack for Laptops


News provided by

Absolute Software Corporation

Jul 21, 2010, 08:00 ET

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Absolute brings commercial features to consumers with the addition of geolocation, device freeze and self-serve remote data delete functionality

TORONTO, July 21 /PRNewswire-FirstCall/ - Absolute(R) 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 has launched new geolocation, device freeze and self-serve remote data delete functionality for new and existing LoJack(R) for Laptops subscriptions.

LoJack for Laptops customers can simply log into their account to use the new features, which include:

    -   Geolocation - For day-to-day use (in non-theft scenarios), customers
        can keep track of their computer on an internet-based map. North
        American Premium version customers can track via Wi-Fi triangulation
        or GPS.* Standard version customers can track via IP address.

    -   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 someone who finds it. In addition, an unauthorized user
        cannot access the content on the computer, keeping private
        information private in an effort to prevent identity theft.

    -   Self-Serve Remote Data Delete - To protect their personal
        information, customers can choose to delete a pre-set group of files
        or all files, including the OS, on the computer by simply logging
        into the Customer Center at www.lojackforlaptops.com/login.

"We are very excited about these new features, which are especially relevant for students heading back to school. Parents and students can now be assured that not only is the laptop itself protected, but so are important files - pictures, passwords and term papers - reducing risk of identity theft. Our customers requested these features and we are fortunate to have well-developed and proven features to leverage from our commercial product," said Mark Grace, Vice President of Consumer Business at Absolute Software.

Both Standard and Premium versions continue to include the services of the Absolute Theft Recovery Team.

LoJack for Laptops by Absolute Software is available for purchase from most computer retail locations and university bookstores. Online shoppers can take advantage of Absolute's 10% off Back-to-School sale going on now at www.lojackforlaptops.com until September 1 2010.

How LoJack for Laptops Works

LoJack for Laptops is powered by patented Absolute Software Computrace(R) technology. It is virtually undetectable and phones home to the Absolute Monitoring Center with location information. If a computer is reported stolen, the Absolute Theft Recovery Team can gather evidence from the computer to identify the thief's location and work with local police to get the computer back. Additionally, Premium customers can remotely delete data from the stolen computer to help protect their personal information. When embedded in the firmware of computers from leading computer manufacturers,** LoJack for Laptops can survive 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 for LoJack for Laptops ranging from 1-3 years.

* A supported GPS module is required. For a list of supported modules, visit www.absolute.com/geolocation

** For a complete list of firmware-supported computers, see www.absolute.com/firmware.

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 Computrace 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.

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) 2010 Absolute Software Corporation. All rights reserved. Computrace, Absolute and Secure Asset Tracking 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. Computrace U.S. patents # 5,715,174, # 5,764,892, # 5,802,280, # 5,896,497, # 6,244,758, # 6,269,392, # 6,300,863, and # 6,507,914. Canadian patents # 2,284,806 and # 2,205,370. U.K. patents # EP793823 and # GB2338101. German patent # 695 125 34.6-08. Australian patent # 699045. Japanese patent # JP4067035. The Toronto Stock Exchange has neither approved nor disapproved of the information contained in this news release.

SOURCE Absolute Software Corporation

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