Absolute Software Announces Global Partnership with Samsung Electronics to Provide Enterprise Mobility Management and Theft Protection to GALAXY Mobile Devices

Patented Persistence Technology to be Embedded into Flagship Smartphones and Tablets to Deliver Global Enterprise Mobility Management and Theft Protection

VANCOUVER, April 3, 2013 /PRNewswire/ - Absolute® Software Corporation (TSX: ABT), the industry standard for persistent endpoint security and management solutions for computers, laptops and ultra-portable devices announced today it has entered into a strategic global partnership with Samsung Electronics.

Under the terms of this partnership, Samsung will embed patented Absolute persistence technology into the firmware of Samsung GALAXY mobile devices as a feature of Samsung KNOX, which will be launched later this year.  Samsung KNOX is the comprehensive mobile solution for work and play with security enhanced Android platform and application container. With firmware persistence, Samsung users can leverage Absolute Computrace® or Computrace LoJack® for Laptops to remotely track, manage and secure their Samsung GALAXY smartphones and tablets devices globally. 

"As we expand our position in the enterprise market, our customers are demanding enterprise level security solutions. This is what Samsung KNOX and Absolute deliver," states Dr. Injong Rhee, Senior Vice President of the Technology Strategy Group at Samsung Electronics.  "Absolute's firmware-persistence technology and managed theft protection services are a feature of Samsung KNOX for our enhanced security software and services strategy for the enterprise market."

Absolute Computrace provides organizations with foundational support for all activities related to governance, risk management and compliance (GRC) for the endpoint, allowing them to remotely secure all of their Samsung devices from a single cloud-based console. Devices can be remotely managed and secured on or off the network regardless of user or location. In addition, Samsung device users will be able to secure corporate data to safeguard against breaches, monitor device status, receive alerts and respond pre-emptively in case a device is deemed to be at risk.  If a security incident occurs, the Absolute Investigations & Recovery Services Team can provide confidential insight and resolution including the provision of evidence to local law enforcement globally to aid in the recovery of the device.

"We are excited to partner with the global mobile industry leader, Samsung, to provide enterprise mobility management and theft protection solutions for their devices," said John Livingston, Chairman and CEO of Absolute Software. "With Samsung, the leading provider of smartphones and Android tablets, we are extending Absolute's patented persistence technology across the full spectrum of smart connected mobile devices."

To learn more, visit www.absolute.com/samsung.

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 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. 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 # 5,715,174, # 5,764,892, # 5,802,280, # 5,896,497, # 6,087,937, # 6,244,758, # 6,269,392, # 6,300,863, # 6,507,914, # 7,818,557, # 7,818,803, # 7,945,709, # 8,062,380, # 8,234,359, # 8,241,369, # 8,307,055, # 8,332,953 and # 8,346,234. Canadian patents # 2,211,735, # 2,284,806, and # 2,205,370. U.K. patents # EP0793823, # GB2298302, and # GB2338101. German patent # 69512534. Australian patent # 699045. Japanese patent # JP4067035. The Toronto Stock Exchange has neither approved nor disapproved of the information contained in this news release.

SOURCE Absolute Software Corporation

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