Absolute Software Announces Support for Mac OS X Lion

Absolute Manage 5.4.2 to Support Mac OS X Lion & Apple Open Directory

VANCOUVER, July 27, 2011 /PRNewswire/ - Absolute® Software Corporation ("Absolute" or the "Company") (TSX: ABT), the leading provider of firmware-based endpoint security and management solutions that reduce IT costs, prove regulatory compliance, respond to computer theft, and optimize productivity, today announced the general availability of Absolute Manage 5.4.2.

"Absolute Manage is truly cross-platform and provides endpoint management capabilities for PC, Mac®, and iOS devices," said John Livingston, Chairman and Chief Executive Officer at Absolute Software. "Our customers expect us to keep pace with the market and we do, ensuring our solutions support the most current operating systems and form factors on the market today."

Absolute Manage allows organizations to efficiently manage all their assets by automating time-consuming IT processes such as software distribution, patch management, asset inventory and imaging. Additionally, it helps organizations save money by allowing them to track installed applications and licenses, redeploy under-used licenses and hardware to optimize inventory, and avoid non-compliance fines.

With Absolute Manage 5.4.2, Absolute customers can upgrade to Apple's newest operating system without any interruption to the endpoint management processes they depend on to effectively manage their cross-platform deployments. In addition, Apple Open Directory integration means organizations can now better manage users' access to resources used on iOS 4 devices.

About Absolute Software

Absolute Software Corporation (TSX: ABT) is the leader in tracking, managing, and protecting computers and mobile devices. The Company's Computrace, Absolute Manage and LoJack for Laptops solutions provide theft recovery, data protection and computer lifecycle management capabilities to organizations and consumers. The Company's software agent is embedded in the firmware of computers by global leaders, including Acer, ASUS, Dell, Fujitsu, General Dynamics Itronix, HP, Lenovo, Motion, Panasonic 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 and http://blog.absolute.com.

Forward-Looking Statements

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.

©2011 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, # 7818557, # 7818803. Canadian patents # 2.211.735, # 2,284,806 and # 2,205,370. U.K. patents # EP793823, # GB2298302 and # GB2338101. German patent # 695 125 34.6-08. 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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