Absolute Software to Use Google Maps™ Geolocation API to Track Devices

VANCOUVER, Jan. 6, 2015 — (PRNewswire) —   Absolute® Software Corporation (TSX: ABT), the industry standard for persistent endpoint security and management solutions for computers, laptops, tablets and smartphones, today announced that it will extend its products to use Google Maps to provide improved device geolocation tracking in its Absolute Computrace product.  This partnership will provide Absolute customers with improved global coverage and more accurate geolocations.

"The location of a device is an important factor in assessing the risk of a data loss event and measuring compliance with corporate policies. The accuracy of the geolocation data we present in our products is critical to our customers," said Bill Gordon, VP, Engineering and Development at Absolute Software. "Using Google Maps technology allows our customers to track devices and be alerted of risks with the highest accuracy."

The geolocation capabilities of Absolute Computrace include recent and historical location information for a device, as well as the ability to build geofences to contain devices within a specific geographical area. If a device goes beyond the bounds of a geofence, IT is alerted so they can investigate and determine if the device and the data on it is at risk.

"Our customers rely on our solutions to provide timely and accurate information regarding the health and safety of their endpoints and the data they contain," said Geoff Haydon, CEO at Absolute Software. "Google Maps will ensure we are delivering the most accurate results, from every device, for all of our customers worldwide."

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.

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.

©2015 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. 5,896,497, No. 6,087,937, No. 6958688 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. 8,625,799, No. 8,669,870, No. 8,701,013, No. 8,712,432, No. 8,717,172, No. 8,734,529, No. 8,745,383, No. 8,800,061, No. 8868933, No. 8,878,672, No. 8,902,066, and No. 8904523. 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, No. 2009279430, No. 2009279431, No. 2010315412, No. 2010324789, and No. 2010321633. Japanese patents No. 4067035, No. 5220924, No. 5475743, No. 5363305, and No. 5508502. Korean patents No. 10-1372986 and No. 10-1408746. 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

Contact:
Absolute Software Corporation
Public Relations: Becky Obbema, Interprose PR
Email Contact or 1 408 778 2024
Toru Levinson, Absolute Software
Email Contact or 1 604 730 9851 x208; Investor Relations: Kristen Dickson, TMX Equicom
Email Contact or 1 416 815 0700 x273

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