Absolute Software Announces Proactive Event-Specific Response Capabilities for Data and Device Security

Absolute Computrace Launches Event Calling - A Tailored Response to Potential Data Breaches and Security Incidents

VANCOUVER, July 30, 2014 /CNW/ - Absolute® Software Corporation (TSX: ABT), the industry standard for persistent endpoint security and management solutions for computers, laptops, tablets and smartphones, today launched Event Calling, a security feature supported by Absolute persistence technology.

Event Calling is available with Absolute Computrace® and allows customers to receive immediate alerts if an event they consider to be significant occurs. Absolute customers can design thousands of different conditions to trigger an alert, allowing them to tailor their security protocols to address the unique needs of their business. Some examples of conditions include if the device hardware or software is altered, if a device connects to a different network, changes location, or if a different user logs on to the device.

Event Calling is particularly relevant to organizations that must adhere to strict data security regulations such as the Health Insurance Portability and Accountability Act (HIPAA) for healthcare and broader reaching regulatory requirements such as Sarbanes Oxley, the Gramm-Leach-Bliley Act of 1999, and others.

Organizations bound by these regulations have strict policies in place to control corporate devices and the data they contain. If an unauthorized action or status occurs - for example if a device moves outside of a geographical location - it can be a prelude to a more serious security event. Event Calling will warn IT when a notable change occurs on the endpoint using a level of priority that is set by the customer. This early warning will allow IT to take proactive security measures using Computrace to remotely track, freeze, delete data, or recover data from the device.

Computrace allows organizations to persistently track and secure all of their endpoints within a single cloud-based console. Computers, tablets and smartphones can be remotely managed and secured (on or off the network) to ensure—and most importantly prove—that endpoint IT compliance processes are properly implemented and enforced.

"Event Calling provides our customers with a policy-based approach to regulatory compliance, risk management, and enterprise security. By prioritizing the alerting capabilities of Computrace, customers can focus immediate attention on the endpoint conditions they care about most," said Geoff Haydon, CEO at Absolute Software. "For example, if a healthcare organization is alerted that a hospital device has left the property, IT has the ability to respond quickly to freeze the device and ensure no patient or other sensitive information is breached. Many of our customers rely on these workflows to prove compliance with corporate and government regulations."

Availability
The Event Calling security feature Computrace is available today for desktop and laptop computers. Watch the Ask Absolute video for more details.

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, 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, 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.

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, No. 8,606,971, No. 8,625,799, No. 8,669,870, No. 8,701,013, No. 8,712,432, No. 8,717,172, No. 8,734,529 and 8,745,383. 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. Korean patents No. 10-1372986 and No. 10-1408746. Mexican patents No. 297,406 and No. 306,287. Russian patent No. 2,460,220 and 2,506,704. 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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