Absolute Announces Approval of Normal Course Issuer Bid

Up to 2,783,958 common shares to be purchased 
VANCOUVER, Jan. 23, 2013 /CNW/ - Absolute® Software Corporation (the 
"Company") announced today that it is proceeding with a normal course issuer 
bid for up to 2,783,958 common shares of the Company (the "Bid"), representing 
approximately 10% of the public float of the Company. On January 4, 2013, 
the Company had 41,225,256 common shares outstanding. The Company has received 
approval from the TSX to commence this bid on January 25, 2013. Purchases 
will be made on the TSX and other Canadian marketplaces at the market price at 
the time of acquisition. 
The Company's previous normal course issuer bid expired on December 22, 2012, 
and under such bid the Company purchased and cancelled 3,044,700 of its common 
shares at a weighted average price of $4.71 per common share. The Company has 
purchased an aggregate of 11,108,420 shares at an average cost of $3.90 over 
four years pursuant to its normal course issuer bids. The Company's new normal 
course issuer bid will terminate on January 24, 2014 or earlier if the number 
of shares sought in the Bid have been obtained. The Company reserves the 
right to terminate the bid earlier if it feels it is appropriate to do so. 
The Company is commencing this normal course issuer bid because it believes 
that, from time to time, the market prices of its Common Shares may not fully 
reflect the underlying value of the Company's business and its future business 
prospects. The Company believes that at such times the purchase of Common 
Shares would be in the best interests of the Company. Such purchases are 
expected to benefit all remaining shareholders by increasing their equity 
interest in the Company. 
All shares will be purchased on the open market through the facilities of the 
TSX and other Canadian marketplaces, and payment for the shares will be in 
accordance with TSX policies. The price paid for the shares will be the 
market price at the time of purchase. Purchasing may be suspended at any 
time. No purchases will be made other than by means of open market 
transactions during the term of the normal course issuer bid. The maximum 
number of shares that may be purchased on a daily basis is 25,758 shares 
representing 25% of the average daily trading volume, except where purchases 
are made in accordance with "block purchases" exemptions under applicable TSX 
policies. The shares purchased by the Company will be cancelled. 
The Company has engaged Cantor Fitzgerald to act as broker and to administer 
the Bid under an automatic share purchase plan on a blinded basis. In the 
event the automatic share purchase plan is suspended during the term of the 
Bid and any director, senior officer or other insider of the Company intends 
to sell any common sharesduring such period, the Company will suspend 
purchases under the Bid until such person's sales are completed. However, 
sales by such persons through the facilities of the TSX may occur if the 
personal circumstances of any such person change or any such person makes a 
decision unrelated to these normal course purchases. The benefits to any such 
person whose shares are purchased would be the same as the benefits available 
to all other holders whose shares are purchased. To the knowledge of the 
Company, no director, senior officer or other insider of the Company currently 
intends to sell any common shares under the Bid. 
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 commercial 
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 
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 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 andrea.holland@horngroup.com or 
415-905-4009 or Marina Guy, Absolute Software mguy@absolute.com or 
604.730.9851 x107 
Investor Relations: Kristen Dickson, MSc, TMX|Equicom 
kdickson@equicomgroup.com or 416.815.0700 x273 or Dave Mason, CFA, TMX|Equicom 
dmason@equicomgroup.com or 416.815.0700 x237 
SOURCE: Absolute Software Corporation 
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CO: Absolute Software Corporation
ST: British Columbia
-0- Jan/23/2013 12:30 GMT
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