Absolute Software Adds New Board Member

Sal Visca, former Chief Technology Officer at Business Objects and SAP, to join Board

VANCOUVER, March 3, 2014 /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 Sal Visca has been appointed to the company's Board of Directors.

"Sal has an amazing depth of technology and business expertise, and we are delighted that he is joining Absolute's Board of Directors," said Errol Olsen, Interim CEO at Absolute Software.

Mr. Visca has held the position of Chief Technical Officer at Elastic Path Software, a privately held ecommerce software company located in Vancouver, BC, Canada, since 2011. From 2005 to 2008, Mr. Visca was Chief Technology Officer at Business Objects SA, an enterprise software company specializing in business intelligence. When Business Objects was acquired by SAP in 2007, Mr. Visca transitioned to Chief Technology Officer for the SAP Technology Development Group until 2010.

Previously, Mr. Visca held a number of leadership positions within Infowave Software Inc. including Member of the Office of the President, Chief Technology Officer, and VP of Engineering.

"I am thrilled to join the Absolute board and participate in such an exciting growth phase for the company," Mr. Visca said. "Absolute Software has built a solid foundation as a global leader in endpoint security and management technology and I look forward to working with the board and contributing to the future direction of the company."

Mr. Visca graduated with honors from the University of Western Ontario with a Bachelor of Science in Computer Science.

In addition to Mr. Visca, Absolute's Board of Directors consists of Daniel P. Ryan, CEO of RedBrick Health; J. Ian Giffen, former Vice-President, Finance and Chief Financial Officer at Alias Research Inc.; Terry Libin, President of Highfield Development Ltd.; Gregory Monahan, Managing Director of Crescendo Partners, L.P.; Ian Reid, President of Rastus Holdings Ltd.; and Eric Rosenfeld, President and Chief Executive Officer of Crescendo Partners, L.P.

About Absolute Software
Absolute Software Corporation (TSX: ABT) is the industry standard in persistent endpoint security and management for computers, laptops, tablets and smartphones. The Company, a leader in device security and management tracking for 20 years, has over 30,000 commercial customers worldwide. Absolute's solutions - Computrace®, Absolute Manage®, Absolute Service, Absolute Secure Drive, and Absolute LoJack® - 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 is positioned on two Gartner, Inc. Magic Quadrants - the Magic Quadrant for Client Management Tools and the Magic Quadrant for Mobile Device Management Software. Absolute is one of only four vendors to be recognized on both Magic Quadrants based on providing customers with the ability to secure and manage many different types of devices using a single solution. 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. Furthermore, the forward-looking statements contained in this press release are made as at the date hereof and the Company does not undertake any obligation to update publicly or to revise any of the included forward-looking statements, whether as a result of new information, future events or otherwise, except as may be required by applicable securities laws.

©2014 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 No. 5,715,174, No. 5,764,892, No. 5,802,280, No. 5,896,497, No. 6,087,937, No. 6,244,758, No. 6,269,392, No. 6,300,863, No. 6,507,914, No. 7,818,557, No. 7,818,803, No. 7,945,709, No. 8,062,380, No. 8,234,359, No. 8,241,369, No. 8,307,055, No. 8,332,953, No. 8,346,234, No. 8,362,901, No. 8,418,226, No. 8,419,806, No. 8,441,348, No. 8,510,825, No. 8,556,991, No. 8,566,961 and No. 8,606,971. Canadian patents No. 2,211,735, No. 2,284,806, No. 2,205,370, No. 2,771,208 and No. 2,733,222. U.K. patents No. EP0793823, No. GB2298302, and No. GB2338101. German patent No. 69512534. Australian patent No. 699045. Japanese patents No. 4067035, No. 5220924 and No. 5363305. Mexican patents No. 297,406 and No. 306,287. Russian patent No. 2,460,220. The Toronto Stock Exchange has neither approved nor disapproved of the information contained in this news release.

SOURCE: Absolute Software Corporation

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Marina Guy, Absolute Software
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