Absolute Manage selected as Best New Product or Service of the Year - Computer Software

VANCOUVER, July 13 /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 computer lifecycle management solutions announced today that they have won an International Stevie Award for Best New Product or Service of the Year - Computer Software - New Version for Absolute Manage in The 2010 International Business Awards. The International Business Awards are the only global, all-encompassing business awards program honoring great performances in business.

Nicknamed the Stevie(R) for the Greek word "crowned," the awards will be presented to winners at a gala dinner on Monday, 27 September in the Ritz-Carlton Hotel in Istanbul, Turkey.

"Winning this award demonstrates that with the new features and functionality launched this year and those we continue to develop, including support for iOS 4, Absolute Manage is a world-class computer lifecycle management solution," said Peter Frankl, Vice President of Lifecycle Management at Absolute Software. "Absolute Manage is one of the only computer lifecycle management solutions that can truly support a PC and Mac mixed environment while helping IT reduce costs and increase efficiencies."

Recipients of International Stevie Award trophies were selected from more than 1,700 entries received from organizations and individuals in more than 40 countries.

"Despite the harsh economic climate, entries to the IBAs actually grew a bit this year, and that illustrates the increasing importance of The International Business Awards worldwide," said Michael Gallagher, president of The Stevie Awards, presenters of the IBAs. "We congratulate all of the Finalists and International Stevie Awards winners, and we look forward to honoring them for their achievements at our gala awards dinner in Istanbul on 27 September."

About Absolute Manage

Absolute Manage provides organizations with an easy and automated way to manage PC and Mac(R) computers, as well as iPhone(R) devices, from a single interface. IT administrators using Absolute Manage can 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 maximize inventory, and avoid non-compliance fines.

Some of the capabilities of Absolute Manage include the following:

    -   Application & License Management - Deploy software and manage
        licenses across the network.
    -   Security, Change & Configuration Management - Remotely monitor and
        adjust configurations, and execute files.
    -   Automated Patch Management - Centrally manage and install patches,
        and report on patch status for all managed systems.
    -   Computer Imaging - Install a complete OS plus all standard
        applications onto Mac computers while in use or just out of the box.
    -   Power Management - Comply with green initiatives and lower total cost
        of ownership by remotely enforcing power saving policy profiles.
    -   Asset Inventory - Collect hardware and software data points from
        devices over the network and analyze the information for timely and
        fact-based asset management decisions.

About Absolute Software

Absolute Software Corporation (TSX: ABT) is the leader in tracking, managing and protecting computers and mobile devices. The Company's Computrace(R), Absolute Manage and LoJack(R) 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.

About The Stevie Awards

Stevie Awards are conferred in four programs: The American Business Awards, The International Business Awards, the Stevie Awards for Women in Business, and the Stevie Awards for Sales & Customer Service. Honoring companies of all types and sizes and the people behind them, the Stevies recognize outstanding performances in the workplace worldwide. Learn more about The Stevie Awards at www.stevieawards.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.

(C)2010 Absolute Software Corporation. All rights reserved. Computrace, Absolute and Secure Asset Tracking 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. 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. Japanese patent # JP4067035. The Toronto Stock Exchange has neither approved nor disapproved of the information contained in this news release.

SOURCE Absolute Software Corporation