VANCOUVER, Aug. 1 /PRNewswire-FirstCall/ -- Absolute(R) Software Corporation ("Absolute"), the leading provider of firmware-based, patented Computer Theft Recovery, Data Protection and Secure Asset Tracking(TM) solutions announced that the State of Georgia has signed a state-wide purchase contract with Absolute to encourage and enable state agencies and universities to acquire Absolute's Computrace solutions at a volume discount as part of their "Securing Sensitive Data" initiative. The purchasing contract was negotiated with the Information Technology Contracts and Licensing Administration, a unit within the Office of the Chief Information Officer, in cooperation with the Chief Information Security Officer at the University of Georgia at Athens (UGA) and the UGA Procurement Office.
"We consider this agreement to be a testament to the leadership and commitment of the State of Georgia and its agencies to help protect its employees and residents from mounting computer and data security threats," said John Livingston, Chairman and CEO of Absolute Software. "The goal for this agreement is to provide coverage for 35 universities in Georgia representing over 260,000 students, 29,000 staff and 11,000 faculty members, as well as other State agencies in Georgia, and will serve as a template to pursue similar contracts in other states."
Mr. Livingston continued, "The University of Georgia implemented Computrace solutions in certain of their departments beginning in 2005, and remains a long-standing customer of Absolute. This contract enables security and IT teams within the Georgia higher education system and at agencies across Georgia to extend our services state-wide. We expect to see purchases under this agreement begin during the quarter ending September 30, 2007."
"Securing data is a critical initiative for anyone using computing devices," said Stanton Gatewood, UGA's chief information security officer. "We are increasingly a mobile society and need to stay in frequent communication with laptop and tablet devices. Absolute gives us an added layer of defense and protection for our mobile resources, helping us to protect the investment in our hardware and the integrity of our data."
Computrace is currently available to faculty and staff only; however, negotiations are under way to offer the software to students. For more info about UGA's recommendations on IT best practices and Computrace, click here: http://eits.uga.edu/pressreleases/2007/absolute1.html
About Absolute Software
Absolute Software Corporation (TSX: ABT) 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, Fujitsu, Gateway, 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 and Computrace, visit http://www.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 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)2007 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. All other trademarks are property of
their respective owners. 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.
Absolute Software Corporation
