Absolute Software Issued Patent for a "Persistent Servicing Agent"

New Patent Reinforces the Value of Absolute Persistence Technology and Strengthens Governance, Risk Management and Compliance Solutions Offering

VANCOUVER, April 11, 2013 /CNW/ - Absolute® Software Corporation (TSX: ABT), the industry standard for persistent endpoint security and management solutions for computers, laptops and ultra-portable devices announced today it has been issued patent No. 8,418,226, dated April 9, 2013, by the United States Patent and Trademark Office for a persistent servicing agent.

The patent covers a persistent servicing agent installed in the read-only memory (ROM) in any electronic device to enable and assure the provision of various (data and device) services, including but not limited to data deletion, firewall protection, data encryption, location tracking, message notification and updating software. The patent also incorporates the method of automatic notification that all of the data has been remotely wiped from the device, an essential data protection solution that our customers rely upon to prove compliance with data breach notification laws.

"As the inventor of remote data delete and persistence technologies, the issuance of this patent reinforces the value of Absolute's solutions as a means to help ensure the endpoint security and management best practices that our enterprise customers demand," said John Livingston, Chairman and CEO of Absolute Software. "As organizations grapple with the challenges of mobility, only Absolute's patented persistence technology provides enterprises with comprehensive visibility and control over their entire device population, regardless of location or device type."

This patent further enhances Absolute's Intellectual Property portfolio. Absolute now has 31 patents issued and 121 patents pending covering a broad range of endpoint (device and data) security and management technology invention and innovation including, but not limited to: tamper resistant mobile device tracking, remote data deletion, firmware and BIOS agent persistence, automatic notification and alerting system for stolen devices coming online, device theft protection and device theft recovery. For a list of Absolute's issued patents visit our Patents & Intellectual Property page.

Absolute Persistence is built into the BIOS and firmware of leading OEMs and has been shipped on more than 1 billion devices worldwide. Learn more about Absolute Persistence.

About Absolute Software
Absolute Software Corporation (TSX: ABT) is the industry standard in persistent endpoint security and management for computers, laptops and ultra-portable devices. The Company, a leader in device security and management tracking for 20 years, has over 30,000 commercial customers worldwide. Positioned as a Visionary vendor in Gartner, Inc.'s Magic Quadrant for Client Management Tools, Absolute's solutions - Computrace , Absolute Manage®, Absolute Service, 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.

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.

©2013 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 and No. 8,418,226. 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:
Andrea Holland, HORN Group
[email protected] or 415-905-4009
or
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