Computer security leader launches Computrace LoJack for Laptops Premium and Student Editions VANCOUVER, June 18
VANCOUVER, June 18 /PRNewswire-FirstCall/ - Absolute(R) Software
Corporation ("Absolute" or the "Company") (TSX: ABT), the leading provider of
firmware-based, patented, computer theft recovery, data protection and Secure
Asset Tracking(TM) solutions today unveiled Computrace(R) LoJack(R) for
Laptops Premium and Student Editions. Designed to combat the growing incidence
of computer and identity theft, the new solutions expand Absolute's consumer
product line beyond stolen computer recovery to include the powerful identity
protection of remote data delete capabilities and the peace of mind offered by
a Service Guarantee of up to $1,000.
Based on the same technology used by Absolute's corporate customers, the
Computrace LoJack for Laptops line of consumer products is now available in
three configurations: Premium edition, Standard edition and Student edition.
All Computrace LoJack for Laptops editions are backed by the Absolute Theft
Recovery Team. With over 650 years of combined law enforcement experience, the
Absolute Theft Recovery Team achieves the highest success rates in the
industry. When a computer is stolen, one simple phone call sets the Absolute
Theft Recovery Team in action. Staffed by former law enforcement officers, the
team can find stolen computers because they have relationships with over 1,000
police departments across North America.
Computrace LoJack for Laptops Premium and Student editions feature a
powerful Data Delete service that can remotely erase sensitive files, such as
banking records, Internet cookies or photographs, for computer theft victims
who are concerned about their privacy. Once initiated, this new identity
protection service remotely deletes sensitive information using an algorithm
that meets U.S. Department of Defense standards.
In addition to theft recovery and Data Delete services, the Premium and
Student editions come with a Service Guarantee of up to $1000 if the computer
is not recovered or a Data Delete service cannot be performed(1).
"The launch of the new editions of Computrace LoJack for Laptops comes as
a direct result of feedback from our customers. Just like our corporate
clients, students, small business owners and home computer users are
increasingly concerned about sensitive information stored on their computers
at the time of theft," said John Livingston, Chairman and CEO of Absolute
Software. "With the delivery of our new Premium and Student editions, we are
offering consumers corporate-caliber technology and peace of mind at a price
point that makes sense for consumers and students."
How Computrace Solutions Work
The Computrace(R) Software Agent that powers the solutions from Absolute
is embedded in the BIOS of computers from the world's leading computer
manufacturers right at the factory(2). Embedded in the firmware of a computer
for extreme tamper-resistance, the stealthy Computrace Agent is capable of
surviving operating system re-installations, as well as hard-drive reformats,
replacements and re-imaging. It can be activated by customers when they
purchase a subscription with terms ranging from one to four years.
Computrace LoJack for Laptops Premium and Standard editions can be
downloaded from www.lojackforlaptops.com. The Premium and Standard editions
will soon be available through computer manufacturers and leading retailers
including circuitcity.com. Computrace LoJack for Laptops Student edition is
available at a discounted price for students through university bookstores and
resellers.
For more information about Absolute and its line of Computrace LoJack for
Laptops solutions visit www.lojackforlaptops.com and www.absolute.com.
(1) For complete Security Guarantee details visit
http://www.absolute.com/Service_Agreement.pdf.
(2) For a complete list of BIOS-supported computers visit
www.absolute.com/BIOS.
About Absolute Software
Absolute Software Corporation (TSX: ABT - News) is the leader in computer
theft recovery, data protection and Secure Asset Tracking(TM) solutions.
Absolute Software provides organizations and consumers with solutions in the
areas of regulatory compliance, data protection and theft recovery. The
Company's Computrace(R) software is embedded in the BIOS of computers by
global leaders, including Dell, Lenovo, Gateway, HP and Fujitsu, and the
Company has reselling partnerships with these OEMs and others, including Apple
and Toshiba. For more information about Absolute Software and Computrace visit
www.absolute.com or www.lojackforlaptops.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 of our services and products, possible
guarantee payment eligibility, 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.
(C)2008 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 Corp. LoJack Corporation is not responsible for any content herein.
Computrace U.S. patents # 5,715,174, # 5,764,892, # 5,802,280, # 5,896,497, #
6,244,758, # 6,269,392, # 6,300,863, and # 6,507,914. Canadian patents #
2,284,806 and # 2,205,370. U.K. patents # EP793823 and # GB2338101. German
patent # 695 125 34.6-08. Australian patent # 699045. The Toronto Stock
Exchange has neither approved nor disapproved of the information contained in
this news release.
SOURCE Absolute Software Corporation
