Absolute Software Protects, Secures, and Manages Devices in 21 of the 25 Largest K12 School Districts in the United States

Solutions Provide Persistent Endpoint Security and Management to K12 Students and Faculty

VANCOUVER, June 4, 2014 /CNW/ - Absolute® Software Corporation (TSX: ABT), the industry standard for persistent endpoint security and management solutions for computers, laptops, tablets and smartphones, today announced 21 of the 25 largest school districts in the United States use Absolute Software solutions to protect, secure, and manage devices used by students and faculty.* Absolute Software works collaboratively with these school districts to provide a safer environment while managing and securing mobile devices, including  Absolute's industry-only persistent monitoring, protection, investigation, and recovery services.

The 2013 American School and University 100 list represents the largest school systems in the United States by enrollment in 2011-12, based on data from state education departments and individual districts.

Absolute Software has provided educational organizations with the ability to remotely manage and secure their IT endpoints for more than 20 years. With Absolute technology activated on mobile devices, students and staff are able to focus on learning and rest easy knowing their devices are remotely managed and secure. With Absolute Software, K12 IT managers in these large districts significantly reduce their security risk and ensure students safety, while providing a seamless and well-managed learning experience. As a result, Absolute K12 customers benefit from lower single-vendor costs and overhead, allowing them to devote more resources and budget to learning initiatives.

Absolute K12 customers use the following solutions:

• Absolute Computrace® to centrally track, locate, and secure PC, Mac and mobile devices that support persistence, including Samsung Android devices and Windows 8 tablets within a single cloud-based console.
• Absolute Manage® to manage, configure, and deploy Windows, Mac, iOS and Android devices.
• Absolute Service for IT service management and help desk capabilities, including integration with Computrace and Absolute Manage so that K12 IT can perform select commands from all products within a single console.
• Absolute Safe Schools is an integrated program that works in conjunction with Computrace. Overseen by the Absolute Investigations team, Absolute Safe Schools can help keep students, staff, and school environments safe.
• Computrace Mobile Theft Management safeguards iPad and iPad mini devices from loss and theft.

Many of these solutions are supported with Absolute persistence technology, providing K12 IT departments with the means to stay connected with each device, regardless of user or location. This consistent connection allows school districts to remotely collect detailed data from each device so they can prove appropriate use to satisfy federal and other public funding entities.

"Absolute Software is a trusted partner of Lewisville Independent School District. Absolute Software allows us to remotely manage all of our 69,000+ mobile, OS X and Windows devices with a single solution," said Mark Bulthaup, Desktop Management Lead at Lewisville Independent School District. "With Absolute Manage we are able to provision devices, keep track of software licenses and easily push out software updates in minutes, freeing up valuable IT time for other tasks."

"Faced with limited budgets and the need to support 1:1 and other learning initiatives, we've worked hard to support our Education customers with the technology and programs they need," said Errol Olsen, Interim CEO at Absolute Software. "But it's about more than simply protecting devices. K12 school districts also want to provide a safe and secure learning environment for their students and staff."

Learn how Lewisville Independent School District was able to effectively manage all their devices while realizing significant IT savings.

*2013 American School and University 100: enrollment in largest US school districts compared with the overall district population

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, 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 and No. 8,669,870. 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 patent No. 10-1372986. 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

Public Relations:
Becky Obbema, Interprose
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or
Marina Guy, Absolute Software
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Investor Relations:
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