Absolute Software and Prestigio Partner to Deliver Persistence Technology

Global manufacturer to integrate Absolute technology in its mobile device platform

VANCOUVER, March 26, 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 a partnership with Prestigio, a global manufacturer of mobile devices.

With this partnership, Persistence® technology by Absolute Software will be embedded in the firmware of Prestigio devices at the factory, with an initial focus on the Prestigio MultiPad Windows 8 tablets. This will allow Prestigio customers to maintain a persistent connection with all of their endpoints for unmatched mobile device security, regardless of user or location.

"Persistence technology brings significant security capabilities to our platform and customers, as we expand our brand across emerging markets in Europe," said Marek Horyl, General Manager and COO at Prestigio EMEA.  "It is important that we provide our customers with devices that are secured using Absolute's innovative technology so they can confidently protect their mobile devices and the sensitive data they contain."

"Prestigio has made a name for itself by delivering high-quality Windows tablet solutions into new markets," said Mark Grace, Vice President, Worldwide OEM and Business Development, Channel, at Absolute. "We look forward to helping Prestigio further expand across key markets in Europe, and are excited about the shared growth opportunities their global customer base represents."

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 30,000 commercial customers worldwide. Absolute's solutions – Computrace®, Absolute Manage®, Absolute Service, 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 three Gartner, Inc. Magic Quadrants - the Magic Quadrant for Client Management Tools (CMT), the Magic Quadrant for Enterprise Mobility Management (EMM) and the Magic Quadrant for Content-Aware Data Loss Prevention. Absolute is one of only four vendors to be recognized on both the CMT and EMM Magic Quadrants. Absolute 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 Software, visit www.absolute.com.

About Prestigio
Prestigio® is rapidly growing in more than 85 countries across Europe, Middle East and Africa. For more than a decade, Prestigio has been crafting innovative IT and consumer electronic products of superior quality, style and affordability. Since 2011, Prestigio has been a leading brand across Central and Eastern Europe, Russia and CIS in GPS navigation and has achieved a top-3 position among Tablet PC brands in the region. To learn more about Prestigio, please visit www.prestigio.com

©2015 Absolute Software Corporation. All rights reserved. Computrace and Absolute are registered trademarks of Absolute Software Corporation. For patent information, visit www.absolute.com/patents. LoJack is a registered trademark of LoJack Corporation, used under license by Absolute Software Corporation. LoJack Corporation is not responsible for any content herein. 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