Absolute Software is First-to-Market with Mobile Theft Management for iOS Devices

Mobile Theft Management is Now Available through all Apple Channels and Distribution

VANCOUVER, May 8, 2013 /PRNewswire/ - Absolute® Software Corporation (TSX: ABT), the industry standard for endpoint security and management solutions for computers, laptops and ultra-portable devices today announced the launch of Computrace® Mobile Theft Management (MTM), the first - and only - iOS loss management and theft recovery service on the market for the enterprise.

Computrace MTM allows organizations to safeguard the iPad and iPad mini devices in their deployment. Based upon the same investigative techniques used by the Absolute Investigations and Recovery Services team for Absolute Computrace theft recoveries, customers now have the infrastructure and support to prevent and respond to iOS loss and theft.

The Computrace MTM service provides two components: loss prevention and theft recovery. The loss prevention program provides customers with the tools to implement best practices within their organization and amongst users to ensure these iOS devices are handled responsibly.

The theft recovery component is an extension of the loss management program. If an iPad is reported stolen, the Absolute Investigations team will work closely with local law enforcement to assist in the investigation and recover the device. The theft recovery program includes a service guarantee in the event the Absolute Investigations team is unable to recover a stolen iPad.

"The Computrace Mobile Theft Management Service provides our customers with access to the elite Absolute Investigations and Recovery Services team, which has assisted in more than 29,000 successful recoveries in 97 countries," said John Livingston, CEO of Absolute Software. "As a result of this hard work, we have built a global network of relationships with law enforcement agencies and innovative investigative techniques our customers can leverage to recover stolen iPad and iPad mini devices. Now that Computrace Mobile Theft Management is available through Apple channels and distribution, we can extend the service to all Apple customers."

"The Roosevelt High School 1:1 student iPad initiative was a bold and unprecedented program designed to immerse students in the instructional use of state of the art technology, but there were a host of potential issues that came along with allowing student technology to leave campus," said Jedediah Gilchrist, Senior Manager, Infrastructure and Operations at Portland Public Schools. "Absolute Software was the only company we found able to offer the kind of comprehensive plan to respond to theft (in the event it should occur) that would give staff, administrators and parents the peace of mind they need in order to let this program flourish."

Availability
Computrace Mobile Theft Management Service is available today. For more information visit: absolute.com/mtm.

About Absolute Software
Absolute Software Corporation (TSX: ABT) is the industry standard in persistent endpoint security and management for computers, laptops, ultra-portable devices and smartphones. The Company, a leader in device security and management tracking for more than 20 years, has over 30,000 commercial customers worldwide. Positioned as a Visionary vendor in Gartner, Inc.'s Magic Quadrant for Client Management Tools, Absolute's solutions - Computrace, Absolute Manage®, Absolute Service, Absolute Secure Drive, and Computrace LoJack for Laptops - provide organizations with actionable intelligence to prove compliance, securely manage BYOD,  and deliver comprehensive visibility and control over all of their devices and data. Absolute persistence technology is embedded in the firmware of computers, netbooks, tablets and smartphones by global leaders, including Acer, ASUS, Dell, Fujitsu, HP, Lenovo, Motion, Panasonic, Samsung, 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.

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.

©2013 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, # 7,818,557, # 7,818,803, # 7,945,709, # 8,062,380, # 8,234,359, # 8,241,369, # 8,307,055, # 8,332,953, # 8,346,234 and # 8,418,226. Canadian patents # 2,211,735, # 2,284,806, and # 2,205,370. U.K. patents # EP0793823, # GB2298302, and # GB2338101. German patent # 69512534. 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