Computer security leader launches Computrace LoJack for Laptops Premium
and Student Editions
VANCOUVER, June 18 /CNW/ - 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.
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 No. 5,715,174, No. 5,764,892, No. 5,802,280, No. 5,896,497, No. 6,244,758, No. 6,269,392, No. 6,300,863, and No. 6,507,914. Canadian patents No. 2,284,806 and No. 2,205,370. U.K. patents No. EP793823 and No. GB2338101. German patent No. 695 125 34.6-08. Australian patent No. 699045. The Toronto Stock Exchange has neither approved nor disapproved of the information contained in this news release.