Absolute Software Names Former McAfee CTO Christopher Bolin as Chief Product Officer

VANCOUVER, Feb. 19, 2015 /CNW/ - Absolute® Software Corporation (TSX: ABT), the industry standard for persistent endpoint security and management solutions for desktops, laptops, tablets, and smartphones – and the data they contain, announced today that information security industry veteran Christopher Bolin will join Absolute Software as Chief Product Officer on March 9, 2015. Bolin will also become a member of Absolute's senior executive committee, reporting to Geoff Haydon, Chief Executive Officer.

In this newly established role, Bolin will be responsible for Absolute's overall global product strategy, with the Company's product development and product management teams reporting directly to him.

"Christopher is one of the industry's most prominent information security technology leaders. We are extremely excited to have him join our senior management team," said Geoff Haydon, Chief Executive Officer at Absolute Software. "He has an outstanding track record of transforming the information security market with innovative approaches to solving the most complex challenges faced by businesses today. Christopher's appointment will be a driving force in positioning Absolute as a global technology leader."

An acknowledged thought leader with over 20 years in information security experience, Bolin joins Absolute Software following a well-documented and successful career, including 10 years as McAfee's Executive Vice President of Worldwide Product Operations and Chief Technology Officer. During his tenure at McAfee, Bolin helped to grow security specific product revenues from under $500 million to over $2 billion. He also led the strategic planning, technical due diligence, and product team integrations for multiple acquisitions resulting in accretive revenue streams and product innovations for McAfee.

"The information security challenges faced by organizations have never been greater. With its unique patented persistence technology embedded on hundreds of millions of devices from the largest manufacturers in the world, Absolute has the ability to address these challenges unlike any other vendor in the market today," stated Bolin. "I am very excited to be joining the Absolute team to drive growth. I look forward to the opportunity to build a new generation of security solutions to help Absolute realize its full potential as a leader in information security."

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 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.

©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