Absolute Software Shows Positive Movement in the Visionaries Quadrant of the Magic Quadrant for Client Management Tools

Absolute Software Positioned in Three Gartner, Inc. Magic Quadrants

VANCOUVER, June 3, 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 a positive change in position by Gartner, Inc. in the Visionaries quadrant of the Client Management Tools Magic Quadrant.*

This is the third year Absolute Software has been positioned as a Visionary in this Magic Quadrant. Absolute Software is also positioned in the Niche quadrant of the Gartner, Inc. Magic Quadrant for Mobile Device Management Software** and the Niche quadrant of the Magic Quadrant for Content-Aware Data Loss Prevention***.

Absolute Software's client management solution, Absolute Manage®, allows customers to remotely manage all the devices in their deployment including PC, Mac®, Android, iOS, and Windows® Phone devices from within a single console. IT can replace multiple systems with a single solution so they can easily determine the status of each device, conduct typical IT maintenance routines, manage MDM and employee-owned devices and take immediate action if required.

The growth of non-Windows endpoints and the lessening dependence on Windows applications continue to be the most impactful trends in the client management tools market. Organizations are struggling to manage the growing variety of smartphones and tablets connecting to their corporate networks. This includes corporate-issued devices and BYOD.*

"We are pleased to see our continued movement up in the Visionaries quadrant of the Client Management Tools Magic Quadrant," said Errol Olsen, Interim CEO at Absolute Software. "We believe one of the key strengths of Absolute Manage is the breadth of device coverage, supporting Windows PCs, Mac OS X, iOS, Android and Windows Phone. Our customers have told us loud and clear that they want one solution that will support many devices."

For inclusion in the May 22, 2014 Magic Quadrant for Client Management Tools, vendor solutions were considered based on the following functions: software distribution, hardware and software inventory, OS deployment, and patch management as well as other functionality often included such as remote control, security configuration management, and software packaging. In addition, Gartner also looked at cross-platform and mobile support, workflow capabilities to automate client management processes, and self-service capabilities that were generally available as of February 19^th, 2014.

To learn more about Absolute Software and Gartner, Inc.'s Client Management Tools Magic Quadrant, visit: http://www.absolute.com/gartner-magic-quadrant-cmt

Disclaimer:

Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings. Gartner research publications consist of the opinions of Gartner's research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.

*Gartner, Inc., Magic Quadrant for Client Management Tools, Kevin Knox & Terrence Cosgrove, May 22, 2014; **Gartner, Inc., Magic Quadrant for Mobile Device Management Software, Phillip Redman, et al, May 23, 2013 ***Gartner, Inc., Magic Quadrant for Content-Aware Data Loss Prevention, Eric Ouellet, December 12, 2013

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 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, No. 8,669,870, No. 8,701,013, No. 8,712,432, No. 8,717,172 and No. 8,734,529. 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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