Absolute Software Extends Feature Set to Provide IT with Greater Visibility & Control over Apple iOS4 Devices

Announces new features to leading cross-platform systems
lifecycle management solution Absolute Manage 5.4

VANCOUVER, April 4 /PRNewswire/ - Absolute® Software Corporation ("Absolute" or the "Company") (TSX: ABT), the leading provider of software and services that manage and secure computers and mobile devices to reduce IT costs, prove regulatory compliance, respond to computer theft, and optimize productivity, today announced the general availability of Absolute Manage 5.4.

"The continued growth in adoption of Apple iOS4 devices is driven both by employees wanting to use their preferred device to access the corporate network, and IT departments sanctioning the use of non-PC devices. The growing challenge for IT administrators is to establish effective security and management solutions at the endpoint, while avoiding major disruptions to established server and network architectures," said Peter Frankl, vice president, lifecycle management at Absolute Software. "With the release of Absolute Manage 5.4, our customers have even more flexibility in managing their iOS4 deployments, while maintaining enterprise-caliber security, in either a Windows or Mac network and server environment."

With the release of Absolute Manage 5.4, new features include:

• App Store Volume Purchase Program (ASVPP) management - Apple's ASVPP program provides schools with special discounts and the option to complete volume purchases of Apple iOS4 Apps using purchase orders. With Absolute Manage 5.4, customers can automate the management of this program, distributing purchased apps, and tracking ASVPP code redemptions within the Absolute Manage console for accurate license compliance and management. 
• Geolocation - IT Administrators can locate a lost or stolen device on an internet map.  Depending on the perceived security risk, the call frequency of the device can be adjusted and additional security measures can be invoked, such as device freeze or wipe.
• Active Directory Integration - Organizations using Active Directory can leverage their existing security and infrastructure to authenticate users on enrollment.  Users will be able to enter their normal Active Directory credentials to authenticate. Additional directory information is automatically imported from Active Directory and attached to the device record on enrollment, enabling mobile device management policies based on existing organizational units.
• Detection/Reporting of Jail-broken Devices - IT administrators, via Absolute Apps, can detect compromised devices. This status is provided within the device report enabling administrators to take remedial actions to protect network security, or ban the compromised device.

IT administrators using Absolute Manage can efficiently manage all their assets by automating time-consuming IT processes such as software distribution, patch management, asset inventory and imaging for both their Macs and PCs from a single, unified console. Additionally, Absolute Manage helps organizations save money by allowing them to track installed applications and licenses, redeploy under-used licenses and hardware to maximize inventory utilization, and avoid non-compliance fines. For Apple iOS4 devices specifically, Absolute Manage allows IT administrators to manage apps, collect asset inventory and security data, as well as conduct change and configuration management for each device.

Availability
Absolute Manage 5.4 is generally available as of April 4, 2011. More information can be obtained by visiting www.absolute.com/absolutemanage.

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.

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.

©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 # 5,715,174, # 5,764,892, # 5,802,280, # 5,896,497, # 6,087,937, # 6,244,758, # 6,269,392, # 6,300,863, # 6,507,914, # 7818557, # 7818803. Canadian patents # 2.211.735, # 2,284,806 and # 2,205,370. U.K. patents # EP793823, # GB2298302 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