Absolute Extends Persistence Technology to Secure Third Party Software Applications

- Persistence Services™ optimizes mobile workforce productivity for Allegis Group-

VANCOUVER, April 20, 2016 /CNW/ - Absolute® (TSX: ABT), the industry standard for persistent endpoint security and data risk management solutions, launched a new service that will persistently reinstall software agents from independent software vendors for existing Absolute customers.

Persistence™ Services by Absolute enables customers to ensure crucial applications remain installed on a device, regardless of user or location – on and off the corporate network. This service provides customers with an important security advantage: they can extend their endpoint monitoring and protection capabilities beyond the limitations of traditional software solutions.

This service leverages Absolute's patented Persistence® technology which is embedded into the core of laptop, desktop, tablet, and smartphone devices at the factory by OEMs around the world. Today, over one billion devices have Persistence built into the firmware. Once activated, Persistence provides a two-way connection with the device and prompts the automatic reinstallation of select applications if they are missing or removed. No other vendor can provide this functionality.

"Our customers understand the power of Persistence technology to assure the integrity of critical endpoint applications," said Christopher Bolin, Chief Product Officer, Absolute. "By expanding our Persistence model to support third-party applications, our customers can be confident that they are providing consistent security coverage across all enabled devices."

"We use Persistence Services to ensure our VPN technology is maintained on each endpoint. This provides our remote workers with a reliable connection to our network with no interruption to productivity," said Jeff D. Reinsfelder, Infrastructure Distribution Manager, Allegis Group.

With Persistence Services, Absolute customers will be able to extend IT visibility across their entire security architecture, especially when endpoints are off the corporate network. From security applications such as encryption and anti-malware, to a VPN client or IT management software, Persistence Services will ensure any business-critical applications are properly installed and operational.

"This is another step in the ongoing expansion of our key differentiator – Persistence technology," stated Mr. Bolin. "For the first time in the history of Absolute, we have extended Persistence technology to trigger the automatic reinstallation of a non-Absolute software agent. We will expand upon this business model as we actively explore direct relationships with software vendors so they can provide their customers with the reliability and assurance of our Persistence technology out of the box."

To learn more about Persistence Services, visit https://www.absolute.com/en/services/professional/customization#services

About Absolute

Absolute Software Corporation (TSX: ABT) is the industry standard in persistent endpoint security and data risk management solutions. Persistence® technology from Absolute provides organizations with visibility and control over all of their devices, regardless of user or location. If an Absolute client is removed from an endpoint, it will automatically reinstall so IT can secure each device and the sensitive data it contains. No other technology can do this. Persistence technology is embedded in the firmware of computers, netbooks, tablets and smartphones by global leaders, including Acer, ASUS, Dell, Fujitsu, HP, Lenovo, Microsoft, Panasonic, Samsung, and Toshiba, and the Company has reselling partnerships with these OEMs and others, including Apple. For more information about Absolute, visit www.absolute.com.

©2016 Absolute Software Corporation. All rights reserved. Absolute and Persistence are registered trademarks of Absolute Software Corporation. For patent information, visit www.absolute.com/patents. The Toronto Stock Exchange has neither approved nor disapproved of the information contained in this news release.

SOURCE Absolute Software Corporation

Public Relations: Becky Obbema, Interprose, [email protected] or 1 408 778 2024 or Toru Levinson, Absolute, [email protected] or 1 604 730 9851 x208; Investor Relations: Kristen Dickson, NATIONAL Equicom, [email protected] or 1 416 848 1429