Absolute Software Awarded Lenovo Top Supplier Award

Absolute Software receives the Diamond Supplier Award at Lenovo's 2012 Global Supplier Conference

VANCOUVER, May 16, 2012 /CNW/ - Absolute^® Software Corporation ("Absolute" or the "Company") (TSX: ABT), the leading provider of firmware-embedded endpoint security and management solutions, announced today they are the recipient of the 2012 Lenovo Diamond Supplier Award, the highest award given to Lenovo worldwide suppliers and partners. The Diamond Award is presented annually to a key partner that drives Lenovo's success over the past year.

Since 2005 Absolute Software has partnered with Lenovo to provide solutions to meet the security needs of both enterprise and consumer customers. Lenovo computers and ThinkPad Tablets are built with Absolute Software's Computrace embedded in the firmware.  This level of persistence provides Lenovo customers with the means to manage, track, and secure their devices.

"Absolute Software has provided Lenovo customers with firmware-embedded endpoint security and management for computers and mobile devices since 2005, and in that time, our relationship has been marked by trust, the delivery of world class security and management solutions and the creation of innovative channel programs resulting in a significant sales growth," said Clain Anderson, Director of Software and Content Services, Lenovo. "This track record earned Absolute Software the Lenovo Diamond Supplier Award, our top award for worldwide suppliers and partners."

"The past year has seen some significant milestones in our partnership with Lenovo, including the announcement of Computrace persistence for the Lenovo ThinkPad Tablet, the first Android tablet in the world with Computrace persistence embedded in the firmware." said Abigail Maines, Vice President, Channel Strategy, Absolute Software. "We are honored to be the recipient of the Lenovo 2012 Diamond Supplier Award, and look forward to many more collaborative achievements in our partnership with Lenovo."

About Absolute Software
Absolute Software Corporation (TSX: ABT) is the world leader in firmware-embedded endpoint security and management for computers and ultra-portable devices. Positioned in the Visionaries quadrant of Gartner, Inc.'s Magic Quadrant for Client Management Tools in 2012, Absolute's solutions -  Computrace, Absolute Manage, Absolute Secure Drive, and LoJack for Laptops -  provide organizations with actionable intelligence to prove compliance, generate fast ROI, reduce overhead, and deliver comprehensive visibility and control over all of their endpoints, anywhere, anytime. The Company's software agent is embedded in the firmware of computers, netbooks, and tablets 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 and http://blog.absolute.com.

Forward-Looking Statements

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.

©2012 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 and No. 8,062,380. Canadian patents No. 2,211,735, No. 2,284,806, and No. 2,205,370. U.K. patents No. EP0793823, No. GB2298302, and No. GB2338101. German patent No. 69512534. Australian patent No. 699045. Japanese patent No. JP4067035. The Toronto Stock Exchange has neither approved nor disapproved of the information contained in this news release.

Public Relations:
Chris Michaels, HORN GROUP
[email protected] or 415.905.4030

Investor Relations:
Dave Mason, CFA, The Equicom Group
[email protected] or 416.815.0700 x237