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Absolute Software and McAfee, Inc. to Collaborate on Interoperable Risk Management Solution
Jan 29, 2008 (08:01 AM EST)


VANCOUVER, Jan. 29 /PRNewswire-FirstCall/ - Absolute(R) Software Corporation ("Absolute" or the "Company") , the leading provider of firmware-based, patented, Computer Theft Recovery, Data Protection and Secure Asset Tracking(TM) solutions announced today that it has joined as a founding member of the McAfee(R) Security Innovation Alliance(TM). As part of the program, Absolute will integrate its industry standard theft recovery, remote data delete and IT asset management solution Computrace with McAfee ePolicy Orchestrator(R) (ePO(TM)) to help deliver a complete security and compliance risk management solution for joint customers.

"Absolute is excited to be part of McAfee's Security Innovation Alliance program," said John Livingston, Chairman and CEO of Absolute Software. "McAfee is taking a real leadership role in providing enterprise customers with integrated security and management capabilities. Integrating our products with the McAfee ePO management console provides customers with both secure and manageable solutions."

McAfee ePolicy Orchestrator is an ideal platform for supporting a layered approach to computer security. ePO allows organizations to centrally-manage multiple security and compliance products from a number of best of breed vendors. For example, joint McAfee and Absolute customers can use ePO for visibility into their corporate antivirus solution and encryption software as well as Absolute's theft recovery, remote data delete and IT asset management products - from the same user interface.

Absolute is a founding member of the McAfee Security Innovation Alliance. Membership in the Alliance also offers Absolute the opportunity to network with McAfee and other Alliance members to develop, test and market interoperable solutions for security and compliance risk management.

"Absolute Software is a key addition to the McAfee Security Innovation Alliance," said Joe Gottlieb, vice president of corporate strategy and technology alliances, McAfee. "Computrace provides three essential components of a layered data security strategy: remote data delete capability, the ability to physically recover stolen laptops and IT asset management designed specifically to track laptops that are in the field. Using McAfee ePolicy Orchestrator, our joint customers can easily couple these capabilities with best-of-breed encryption solutions to provide the highest degree of data breach protection."

How Computrace Solutions Work

The Computrace(R) Software Agent that powers Absolute Software's solutions is embedded in the BIOS of computers from the world's leading computer manufactures.(1) It can be activated by customers when they purchase a subscription with terms ranging from one to four years.

When a computer equipped with Computrace is reported stolen, Computrace sends a silent signal over the Internet to Absolute's Monitoring Center, providing critical location information. Absolute then works with local law enforcement to help recover the computer. Embedded in the firmware of a computer, the stealthy Computrace Agent is capable of surviving operating system re-installations, as well as hard-drive reformats, replacements and re-imaging.

For more information on Absolute Software and its range of Computer Theft Recovery, Data Protection and Secure Asset Tracking(TM) solutions, please visit www.absolute.com www.lojackforlaptops.com/ or .

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Absolute Software Corporation www.absolute.com is the leader in Computer Theft Recovery, Data Protection and Secure Asset Tracking(TM) solutions. Absolute Software provides organizations and consumers with solutions in the areas of regulatory compliance, data protection and theft recovery. The Company's Computrace(R) software is embedded in the BIOS of computers by global leaders, including Dell, Fujitsu, Gateway, General Dynamics Itronix, HP, Lenovo, Motion, Panasonic and Toshiba, and the Company has reselling partnerships with these OEMs and others, including Apple. For more information about Absolute Software and Computrace, visit .

Forward-Looking Statements

This press release contains forward-looking statements that involve risks and uncertainties. These forward-looking statements relate to, among other things, the expected performance of our services and products, the successful integration of Absolute's products with those of McAfee 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.

(C)2008 Absolute Software Corporation. All rights reserved. Computrace and Absolute are registered trademarks of Absolute Software Corporation. Computrace U.S. patents # 5,715,174, # 5,764,892, # 5,802,280, # 5,896,497, # 6,244,758, # 6,269,392, # 6,300,863, and # 6,507,914. Canadian patents # 2,284,806 and # 2,205,370. U.K. patents # EP793823 and # GB2338101. German patent # 695 125 34.6-08. Australian patent # 699045. The Toronto Stock Exchange has neither approved nor disapproved of the information contained in this news release.

CONTACT: Public Relations: Leslie Campisi, Affect Strategies, leslie@affectstrategies.com, or (212) 398-9680 x144; Investor Relations:Dave Mason, CFA, The Equicom Group, , or (416)815-0700 x237