Absolute Software Increases Global Reach with Office Opening in Kuala Lumpur, Malaysia

With in-region partner inTechnology Distribution, Absolute Software continues expansion within Asia Pacific

VANCOUVER, Sept. 18, 2012 /CNW/ - Absolute® Software Corporation (TSX: ABT), the leading provider of firmware-embedded endpoint security and management solutions, announced today the opening of a new corporate office in Kuala Lumpur, Malaysia.

The new office will be the Asia Pacific Headquarters of Absolute Software, providing sales support for both Consumer and Corporate solutions.

"The Absolute Software office in Kuala Lumpur, Malaysia allows us to expand our global reach and better support our customers in the Asia Pacific region," states Mark Grace, Vice President, Global Consumer, Asia Pacific and Latin America of Absolute Software.  "Two of our largest customers are located in Australia, so we already have a strong base of existing business within the region.  Our new presence in Kuala Lumpur solidifies our strategy to create more partnerships and grow our business in this part of the world. "

"We are excited to partner with Absolute Software as we expand our operations in Asia Pacific," states Mark Winter, Managing Director, inTechnology. "There are great growth opportunities in Malaysia and Asia Pacific as more and more organizations are facing the challenges presented by the increasingly mobile nature of devices and data. Absolute Software delivers relevant technology to organizations looking to securely manage mobility."

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. The Company, a leader in device security and management tracking for more than 18 years, has over 30,000 customers worldwide. Positioned as a Visionary vendor in Gartner, Inc.'s Magic Quadrant for Client Management Tools, Absolute's solutions - Computrace, Absolute Manage, Absolute Secure Drive, and Computrace LoJack for Laptops - provide organizations with actionable intelligence to prove compliance, securely manage BYOD, and deliver comprehensive visibility and control over all of their devices and data. The Company's Computrace persistence technology 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.

About inTechnology Distribution

inTechnology Distribution is a specialist value-add distributor bringing "best of breed' hardware and software to the Asia Pacific market through its extensive reseller channel program. inTechnology's competencies can be separated into three primary areas: Security, Management and Control with a strong focus on BYOD (Bring Your Own Device) technologies. For more information about inTechnology Distribution, visit www.intechnology.asia.

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.

SOURCE: Absolute Software Corporation

Public Relations: 
Chris Michaels, HORN Group
[email protected] or 415.905.4030/805.390.0819

Marina Guy, Absolute Software
[email protected] or 604.730.9851 x107

Investor Relations:
Kristen Dickson, MSc, TMX|Equicom
[email protected] or 416.815.0700 x273

or

Dave Mason, CFA, TMX|Equicom
[email protected] or 416.815.0700 x237