New Bundle Package from Follett and Absolute Software Provides K-12 Districts with a Complete Asset Management Solution

With Teamed Products, Loss is Minimized as Customers can Track, Manage Valuable Technology Assets

MCHENRY, IL and VANCOUVER, July 9, 2013 /CNW/ - Loss of expensive technology tools can be a thing of the past for K-12 districts that use the new bundle package presented by Follett and Absolute® Software Corporation (TSX: ABT), the industry standard for persistent endpoint security and management solutions for computers, laptops, tablets and smartphones.

The new asset management solution allows K-12 districts to efficiently track, manage and secure all their valuable computers and mobile devices, and effectively support critical 1-to-1 student computer initiatives. By providing Follett's Destiny® Asset Manager™ and Absolute Software's Absolute Manage® for the first time in an exclusive bundle package, the two companies are offering a powerful combination - Destiny® Asset Manager™ IT powered by Absolute - that provides full accountability and cost-effective management over a large number of devices across a district's digital learning environment.

Follett is the largest provider of educational materials and technology solutions to pre K-12 libraries, classrooms, learning centers and school districts in the United States. Absolute Software has been providing schools and other educational organizations with solutions to enable mobile student computing for two decades.

"We are very excited to be working with Absolute Software," said Bruce Hamilton, program director at Follett. "Absolute Software has an excellent reputation for device management and complements our Destiny Asset Manager product. No other device management system handles the multitude of device types and operating systems from a single console like Absolute Manage. Coupled with the accountability and other management features that Destiny Asset Manager provides, it is a perfect fit and will benefit any school."

"We are thrilled to partner with Follett to provide K-12 schools with the Destiny Asset Manager and Absolute Manage bundle," said Abigail Maines, vice president business development at Absolute Software. "Together we are providing schools with the technology to securely manage all devices in their deployment while streamlining reporting processes."

To learn more about Destiny® Asset Manager™ IT powered by Absolute, call 800.323.3397 (or 815.344.8700 outside the U.S. and Canada) or visit www.follettsoftware.com/school-district-asset-tracking-software.

About Follett School and Library Group | www.follettlearning.com
Follett is the largest provider of educational materials and technology solutions to PreK-12 libraries, classrooms, learning centers and school districts in the United States, and a major supplier to educational institutions worldwide. Follett distributes books, reference materials, digital resources, eBooks and audiovisual materials, as well as pre-owned textbooks. Follett also is one of the leading providers of integrated educational technology for the management of physical and digital assets, the tracking, storing and analyzing of academic data, and digital learning environment tools for the classroom focusing on student achievement.

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 more than 20 years, has over 30,000 commercial customers worldwide. 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. 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.

©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 and No. 8,418,226. Canadian patents No. 2,211,735, No. 2,284,806, No. 2,205,370 and No. 2,771,208. 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

Follett:
Doug Thompson | Thompson Drake Public Relations
[email protected]| 541.419.4471 (cell)

Britten Follett
Public Relations and Communications Manager | Follett School Solutions
[email protected] | 815.271.2675 (cell)

Absolute Software:
Public Relations:
Andrea Holland, HORN Group (for Absolute Software)
[email protected] | 415.905.4009

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

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