Absolute Software Positioned in the Niche Quadrant of the Magic Quadrant for Mobile Device Management Software

For the First Time Absolute Software is Included in the Magic Quadrant for Mobile Device Management Software by Gartner, Inc.

VANCOUVER, May 29, 2013 /PRNewswire/ - Absolute® Software Corporation (TSX: ABT), the industry standard for persistent endpoint security and management solutions for computers, laptops and ultra-portable devices, today announced it has been positioned by Gartner, Inc. in the Niche quadrant of the Mobile Device Management Software* (MDM) Magic Quadrant. This is the first year Absolute Software has been included in this Magic Quadrant. Absolute Software is also positioned in the Visionaries quadrant of the Client Management Tools Magic Quadrant** by Gartner, Inc.

Absolute Software's MDM solution, Absolute Manage MDM, allows customers to remotely secure and manage all the mobile devices in their deployment including Android, iOS, and Windows® Phone devices. The solution provides support for mobile applications management, security for corporate content, controlled network access, and automated workflows for the enrollment of employee-owned devices for organizations that support Bring Your Own Device (BYOD) and other programs. Customers can manage enterprise- and employee-owned devices on the go from any ultra-portable device, as well as from a PC or a Mac-based console where they can also manage laptop and desktop computers.

"We consider our positioning in the Niche quadrant by Gartner, Inc. confirmation that our growth and innovation strategy is a success," said John Livingston, CEO at Absolute Software. "The MDM capabilities within Absolute Manage allow our customers to manage and secure their entire deployment of computers, laptops and ultra-portable devices from a single console. We are proud to provide a solution that continues to meet our customers' evolving needs and our growth in the MDM space."

For inclusion in the May 23, 2013 Magic Quadrant for Mobile Device Management Software, vendor solutions were considered based on the following criteria: support for enterprise-class (non-carrier), branded, multiplatform support MDM (software or SaaS), with an emphasis on mobility, support for three different mobile OS platforms (not version), at least 500,000 devices licensed, five referenceable accounts, no more than 65 percent of revenue in one main geographic region or market, at least $8 million in MDM-specific revenue and 200 MDM customers, with one customer with 20,000 seats or more.

To learn more about Absolute Software and Gartner, Inc.'s Mobile Device Management Software Magic Quadrant, visit: www.absolute.com/gartner

*Gartner, Inc., Magic Quadrant for Mobile Device Management Software, Phillip Redman, et al, May 23, 2013;**Magic Quadrant for Client Management Tools, Terrence Cosgrove, April 9, 2013.

Disclaimer:
Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings. Gartner research publications consist of the opinions of Gartner's research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.

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. 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, # 8,362,901, # 8,418,226, # 8,419,806 and # 8,441,348. Canadian patents # 2,211,735, # 2,284,806, # 2,205,370 and # 2,771,208. U.K. patents # EP0793823, # GB2298302, and # GB2338101. German patent # 69512534. Australian patent # 699045. Japanese patent # 4067035. Mexican patent # 297,406. Russian patent # 2,460,220. The Toronto Stock Exchange has neither approved nor disapproved of the information contained in this news release.

SOURCE Absolute Software Corporation