VANCOUVER, Jan. 11, 2013 /CNW/ - Absolute® Software Corporation (TSX: ABT),
the industry standard for persistent endpoint security and management
solutions for computers, laptops and ultra-portable devices - and the data
they contain, announced today that its Board of Directors has declared a
quarterly dividend of $0.05 per share on its common shares, payable in cash on
February 28, 2013 to shareholders of record at the close of business on
February 7, 2013.
John Livingston, Chairman and CEO of Absolute said "The Board's decision to
institute a quarterly dividend highlights our significant cash flow
generation, our confidence in our prospects for future growth, and our strong
commitment to increase shareholder value."
Dividends are designated to be eligible dividends pursuant to subsection
89(14) of the Income Tax Act (Canada) and any applicable provincial
legislation pertaining to eligible dividends.
About Absolute Software
Absolute Software Corporation (TSX: ABT) is the industry standard in
persistent endpoint security and management for computers, laptops and
ultra-portable devices. The Company, a leader in device security and
management tracking for more than 18 years, has over 30,000 customers
worldwide. Positioned as a Visionary vendor in Gartner, Inc.'s Magic Quadrant
for Client Management Tools, Absolute's solutions - Computrace, Absolute
Manage, 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. The Company's Computrace persistence technology is
embedded in the firmware of computers, netbooks, and tablets 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
©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 and No. 8,332,953. Canadian patents
No. 2,211,735, No. 2,284,806, and No. 2,205,370. 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
Public Relations: Andrea Holland, HORN Group email@example.com or
Marina Guy, Absolute Software firstname.lastname@example.org or 604.730.9851 x107
Investor Relations: Kristen Dickson, MSc, TMX | Equicom
email@example.com or 416.815.0700 x273
Dave Mason, CFA, TMX | Equicom firstname.lastname@example.org or 416.815.0700 x237
SOURCE: Absolute Software Corporation
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CO: Absolute Software Corporation
ST: British Columbia
NI: SOF DIV
-0- Jan/11/2013 12:00 GMT
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