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Absolute Software Enables Businesses to Manage and Protect Computers via SMS


News provided by

Absolute Software Corporation

Jan 19, 2010, 08:00 ET

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New feature of Computrace by Absolute Software enables IT administrators to use SMS to tell computers to 'phone home'

VANCOUVER, Jan. 19 /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 IT asset management solutions, today announced that Computrace(R) enables IT administrators to send commands to computers via SMS, as well as the internet, for faster mitigation of potential data breaches due to lost or stolen computers.

The new feature from Absolute Software, called Monitoring Center Initiated Calling (MCIC), offers Computrace commercial customers the ability to force a Computrace Agent call to happen as soon as possible, instead of waiting for the routine check-in call. The command to phone home is done by SMS. IT administrators can use MCIC so that they can remotely execute Computrace functionality, including location tracking, deletion of sensitive data, and Intel(R) Anti-Theft Technology locking.

"Now that Computrace can force the Computrace Agent to phone home, Absolute commercial customers have another tool in their arsenal to respond in real-time to potential data breach incidents," said John Livingston, CEO and chairman of Absolute Software. "In addition, the Absolute Theft Recovery Team can leverage SMS capabilities to help recover SMS-enabled computers even faster."

Prior to general release, Qualcomm worked with Absolute to beta test MCIC with their Gobi(TM) wireless module. "Qualcomm is a technology partner and a customer of Absolute Software. We rely on the secure asset tracking, data protection and, when needed, professional theft recovery services offered by Absolute Software to secure our data and assets," said Matthew Clark, senior director of information technology at Qualcomm. "Now, in conjunction with Computrace technology by Absolute Software, Gobi-equipped notebooks and netbooks can be more secure."

"Research has shown that the sooner you discover a lost laptop, the costs associated with that loss are lower," added Livingston. "According to the Ponemon Institute, the average cost of a lost laptop is just over $49,000. But, if a company discovers the loss in the same day, the average cost is reduced to less than $9,000. Computrace is the only solution that enables IT and compliance staff to detect a missing computer and take action to secure that computer as well as any sensitive information it may contain."

How Computrace Solutions Work

The Computrace Agent that powers Absolute Software solutions is embedded in the firmware of computers right at the factory or it can be installed by the customer.* 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. The Agent can be activated by customers when they purchase a subscription with terms ranging from one to four years.

The Agent regularly contacts the Absolute Monitoring Center - sending location and IT asset management information that is accessible via the Absolute Customer Center web portal. Customers can log in to the Absolute Customer Center to access that information, manage their IT asset population, run reports, remotely delete data and plot the location of their computers and mobile devices on a map.

If a computer is stolen, the Absolute Theft Recovery Team can use location information sent by the computer and forensically mine it using a variety of procedures including user input 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 help recover the computer.

For a demonstration on how MCIC works, please visit: http://www.absolute.com/en_US/resource_center/videos/mcic-demo

Availability & Pricing

Monitoring Center Initiated Calling will be available by end of January for no additional fee with all Computrace solutions by Absolute Software on computers running a supported Microsoft Windows OS. The ability to send MCIC commands via SMS is available for computers with a supported mobile broadband adaptor, such as the Qualcomm Gobi module, with an active broadband provider subscription. Computers must be turned on in order for commands to be received. If the computer is off, the command is received at the next boot.

    * 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 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 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. 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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