Absolute Declares Quarterly Dividend
VANCOUVER, July 16, 2013
VANCOUVER, July 16, 2013 /PRNewswire/ - Absolute® Software Corporation (TSX:
ABT), the industry standard for persistent endpoint security and management
solutions for computers, laptops, tablets and smartphones, 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 August 28, 2013 to shareholders
of record at the close of business on August 7, 2013.
"The Board's decision to once again 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,"
stated John Livingston, CEO of Absolute Software.
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, 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,
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
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, 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
Andrea Holland, HORN Group
firstname.lastname@example.org or 415-905-4009
Dave Mason, CFA, TMX|Equicom
email@example.com or 416.815.0700 x237
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