Absolute Names Steve Munford as Advisor

Non-Executive Chairman of Sophos Joins Absolute in Advisory Role

VANCOUVER, July 28, 2015 /CNW/ - Absolute® Software Corporation (TSX: ABT), the industry standard for persistent endpoint security and management solutions for computers, laptops, tablets and smartphones, today announced that Steve Munford has been appointed as an Advisor to the company.

Mr. Munford is the non-executive chairman of the Board of Directors at Sophos, a global provider of IT security and data protection products for businesses. Munford served as chief executive officer of Sophos from 2005 to 2012, during which time he led the company through a significant period of growth. Previously, he was the President of ActiveState, an email security software organization, before its acquisition by Sophos in 2003.

"We are delighted to welcome Steve to Absolute," said Geoff Haydon, chief executive officer, Absolute. "Steve's extensive operational experience, his outstanding leadership, and his knowledge of the information security industry make him a tremendous asset to Absolute. As we continue to pursue aggressive market growth, we know that his expertise and industry acumen will be invaluable to the company."

"Absolute is a proven leader in the information security space with a unique market offering," said Munford. "I'm excited to join the company's Advisory Board and I am looking forward to working closely with Absolute's leadership team to accelerate its growth and deepen its global market presence."

About Absolute Software

Absolute Software Corporation (TSX: ABT) is the industry standard in persistent endpoint security and data risk management solutions for computers, laptops, tablets and smartphones. Persistence® technology from Absolute provides organizations with visibility and control over all of their devices, regardless of user or location. If an Absolute software 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, Motion, 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.

©2015 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 Software, [email protected] or 1 604 730 9851 x208; Investor Relations: Kristen Dickson, TMX|Equicom, [email protected] or 1 416 815 0700 x273