Absolute Software Wins $975,000 Deal in Asia-Pacific Region
VANCOUVER, Nov. 6, 2013
Worldwide Leader in Insurance Selects Absolute Computrace to Persistently
Track and Secure Tablet Fleet
VANCOUVER, Nov. 6, 2013 /PRNewswire/ - Absolute® Software Corporation (TSX:
ABT), the industry standard for persistent endpoint security and management
solutions for computers, laptops, tablets and smartphones, today announced a
significant Absolute Computrace® Data Protection deal in the Asia-Pacific
Region. A worldwide insurance provider in Japan chose Computrace to secure
corporate data and track thousands of Fujitsu Windows tablets.
Computrace is the only persistent solution that allows the customer to track
and secure 7000 tablets within a single cloud-based console. IT is able to
maintain a persistent connection with every tablet in their deployment,
regardless of user or location, even if the tablet is wiped or reset to
factory settings. Device freeze or data delete commands can easily be executed
on a missing or stolen device from the Computrace console to prevent data
"Absolute Software has seen strong business growth in the Asia-Pacific Region
over the past year," said Mark Grace, Vice President, Asia-Pacific at Absolute
Software. "We are the industry standard in persistent endpoint security and
management solutions and more prospects in this region are realizing what we
provide - the ability to track, manage and secure all devices from a single
The overall sales contract, which was valued at approximately US$975,000, was
booked in the September quarter with standard payment terms. Revenue from the
contract components is expected to be recognized over a term of four years.
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
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.
©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, No. 8,346,234, No.
8,362,901, No. 8,418,226, No. 8,419,806, No. 8,441,348 and No. 8,510,825.
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.
4067035. Mexican patent No. 297,406. Russian patent No. 2,460,220. The Toronto
Stock Exchange has neither approved nor disapproved of the information
contained in this news release.
SOURCE Absolute Software Corporation
Allison Keller, HORN Group
allison.Keller@horngroup.com or 415.905.4006
Marina Guy, Absolute Software
firstname.lastname@example.org or 604.730.9851 x107
Dave Mason, CFA, TMX|Equicom
email@example.com or 416.815.0700 x237
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