Absolute Software Furthers “Bring Your Own Device” Support Adding Mobile Device Management for Microsoft Windows Phone 7

Absolute Manage 6.0.3 Now Allows Customers to Securely Manage PCs, Macs, iOS, Android and Windows Phone Devices from a Single Console

Vancouver, Canada: March 20, 2012 – Absolute^® Software Corporation (“Absolute” or the “Company”) (TSX: ABT), the leading provider of firmware-embedded endpoint security and management solutions, announced today that Absolute Manage now supports Microsoft Windows Phone 7. With this announcement, Absolute Software provides support for the leading mobile device platforms, including iOS, Android, BlackBerry and Windows.

Absolute Manage allows IT administrators to: wirelessly configure devices, provision apps, query policies, track and reduce roaming charges, wipe data or lock the device, and securely distribute documents to mobile devices such as smartphones and tablets. With authentic cross-platform capabilities, Absolute Manage is unique in that it provides customers with the ability to manage and secure all of their Mac, PC, Android, iOS, and Windows devices from a single console. With Absolute Manage, customers are able to consolidate from multiple legacy technologies to a single, cost-effective solution for their device security and management needs.

“The rapid growth of consumer devices within the enterprise is the number one pain point for organizations,” said Peter Frankl, Vice President, Lifecycle Management at Absolute. “Absolute Manage is the best solution on the market today to provide secure management capabilities for Macs, iOS, PCs, Android and Windows devices, all from a single console. Many of the risks associated with the ‘bring your own device’ phenomenon are mitigated, as Absolute Manage provides customers with control and visibility for devices both on the corporate network and over the Internet.”

Availability

Absolute Manage 6.0.3 is available today. For more information visit: www.absolute.com/absolutemanage.

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. Positioned in the Visionaries quadrant of Gartner, Inc.’s Magic Quadrant for Client Management Tools in 2012, Absolute’s solutions – Computrace, Absolute Manage, Absolute Secure Drive, and LoJack for Laptops – 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.

©2012 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. U.S. patents No. 5,715,174, No. 5,764,892, No. 5,802,280, No. 5,896,497, No. 6,087,937, No. 6,244,758, No. 6,269,392, No. 6,300,863, No. 6,507,914, No. 7,818,557, No. 7,818,803, No. 7,945,709 and No. 8,062,380. Canadian patents No. 2,211,735, No. 2,284,806, and No. 2,205,370. U.K. patents No. EP0793823, No. GB2298302, and No. GB2338101. German patent No. 69512534. Australian patent No. 699045. Japanese patent No. JP4067035. The Toronto Stock Exchange has neither approved nor disapproved of the information contained in this news release.

For more information, please contact:

Public Relations:
Kate Ryan, Affect
kryan@affect.com or 212.398.9680

Investor Relations:
Dave Mason, CFA, TMX Equicom
dmason@equicomgroup.com or 416.815.0700 x237
or
Kristen Dickson, MSc., TMX Equicom
kdickson@equicomgroup.com or 416-815-0700 x 273

Press Room

ABOUT ABSOLUTE SOFTWARE

Absolute Software Corporation is the industry standard in firmware-embedded endpoint security and management solutions for computers, laptops, and ultra-portable devices – and the data they contain. Absolute Software, a leader in device security and management tracking for more than 18 years, has over 30,000 commercial customers worldwide.

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