[spoiler effect="blind" show="Show Press Release"]Vancouver, Canada and Las Vegas, Nevada: January 9, 2012 – Absolute^® Software Corporation (“Absolute” or the “Company”) (TSX: ABT), the leading provider of firmware-embedded endpoint security and management solutions, announced today at the Consumer Electronics Show (CES) in Las Vegas, Nevada, that it has expanded the platform coverage of its industry leading service beyond desktops, laptops and Windows tablets to now include the availability of theft recovery services for Android tablets.“With the inevitable expansion of consumerization or the “bring your own device” (BYOD) movement, many organizations are exposed to new security and manageability challenges as organizations allow for these new platforms and form factors to operate within their network. Our customers have looked to us to help them maintain their enterprise-grade support requirements in the face of these new challenges,” states John Livingston, Chairman and Chief Executive Officer at Absolute Software. “With our patented persistence technology, organizations using Android tablets will now benefit from having a constant connection to the devices and, if the device is reported stolen, organizations can now reliably take action to mitigate the security risk of a potential data breach, recover lost or stolen devices, and make their overall environment more secure.”The addition of Theft Recovery to the existing Computrace® Mobile feature set for tablets on the Android platform provides our customers with a full cycle service that includes security and management options such as Device Freeze with end user messaging, Data Delete, and Geotechnology with geofencing, as well as other management options.  Now, if an Android tablet with embedded Computrace persistence technology is reported stolen, the Absolute Theft Recovery team can use digital forensics to gather evidence and, working closely with local police, help solve the crime and recover the device.Absolute’s customers place a high degree of value in persistence technology. It provides them with a comprehensive view of all their mobile devices and allows them to take action on devices that are deemed to be at risk whether they are on or off the network.“Computrace persistence technology built in to the devices in our deployment provides our company with the ability to accurately track our mobile assets through their useful lifetime beyond that of any other technology available,” stated Deron Means, Information Security Officer for Harland Clarke. “Even in the event of an asset theft, persistence technology allows our company to maintain control over the unit. Persistence technology has also proven itself incredibly valuable in deterring any potential internal theft situations.”

To learn more about Absolute’s persistence technology for ultra-mobile devices on the Android platform visit:http://www.absolute.com/en/resources/presentations/ComputracePersistenceForAndroid.aspx or visit Absolute Software at CES 2012 at Booth #3801 (Toscana) 3^rd Floor at the Venetian hotel.

Availability

Theft Recovery for Lenovo ThinkPad tablets is available with Computrace Mobile. For more information visit:http://www.absolute.com/en/products/computrace/cm-overview/features.aspx.

How Computrace Technology Works

Computrace and LoJack® for Laptops are powered by the Absolute Software patented Computrace persistence technology. When embedded in the firmware of computers from leading computer manufacturers*, Computrace can survive operating system re-installations, as well as hard-drive reformats, replacements and re-imaging, helping to ensure that the service is there when you need it most. Whether a Windows, Mac or Android device, the software is virtually undetectable and phones home to the Absolute Monitoring Center with location and asset information. If a computer is reported stolen, the Absolute Theft Recovery Team works on behalf of the customer to gather evidence from the computer to identify the thief’s location, and then works with local police to get the computer back. Customers can also remotely delete data to help keep it out of the hands of unauthorized users – a reliable contingency in case data protection solutions fail. Computrace or LoJack for Laptops can be easily activated by customers when they install a license ranging from 1-3 years.

*For a list of computers with firmware-embedded support, visit www.absolute.com/firmware.

About Absolute Software

Absolute Software Corporation (TSX: ABT) is the world leader in firmware-embedded endpoint security and management for computers and ultra-portable devices. The Company’s Computrace, Absolute Manage, Absolute Secure Drive, and LoJack for Laptops solutions provide organizations with actionable intelligence to prove compliance, generate fast ROI, reduce overhead, and deliver comprehensive visibility and control over all of their endpoints, anywhere, anytime. The Company’s software agent is embedded in the firmware of computers, netbooks, and tablets 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 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.

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