Absolute Software Commends the New York Attorney General and the San Francisco District Attorney Offices on the Smartphone Summit

Over Six Million Users Depend Upon Absolute's Mobile Theft Protection and Device Recovery Services Today

VANCOUVER, June 13, 2013 /PRNewswire/ - Absolute® Software Corporation (TSX: ABT), the industry standard for persistent endpoint security and management solutions for computers, laptops, tablets and smartphone devices commends the proactive work of the State of New York's Attorney General's Office and the San Francisco District Attorney's Office in convening the "Smartphone Summit" today in New York City.

According to the Federal Communications Commission, in New York City alone 40 percent of all robberies involve smartphones and other cell phones.*

"New York State Attorney General Eric Schneiderman and San Francisco District Attorney George Gascón should be applauded for their foresight and efforts today in addressing the alarming increase in mobile phone theft across America," said John Livingston, CEO at Absolute Software. "The public needs to be protected and a proactive response is required to deter these thefts and the risk to public safety they represent. Unfortunately a growing number of these theft incidents involve violence as the victim may be held up at gun or knife point or physically assaulted. The solution already exists and Absolute is actively speaking with the AG and DA's offices and working with law enforcement and partners such as Samsung to mitigate the risk associated with mobile device theft and the associated crimes. With Absolute's unique stolen smartphone recovery service, those responsible for theft can be identified and held accountable - and there is no better deterrence than that."

"We as a nation need to stop the current crime epidemic of smartphone theft," stated Sean Burke, President at School Safety Advocacy Council and 25-year Law Enforcement Commander. "The recent partnership of Absolute Software and Samsung is a major step in that direction and will help protect our students."

Absolute Software is the only company to offer persistence, a patented technology embedded into the firmware of computer, tablet and smartphone devices by the manufacturer. Once activated by the customer, it provides a trusted connection to the device even if it is wiped or factory reset. This allows only the legitimate owner a persistent connection to their device to be able to both recover their private property and maintain their data privacy.

*FCC, Announcement of New Initiatives to Combat Smartphone and Data Theft, April 10, 2012

About Absolute Software
Absolute Software Corporation (TSX: ABT) is the industry standard in persistent endpoint security and management for computers, laptops, tablets and smartphone devices. The Company, a leader in device security and management tracking for more than 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 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, 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

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