2007-03-26 19:36:58 -
VANCOUVER, March 26 /PRNewswire-FirstCall/ -- Absolute(R) Software Corporation (TSX: ABT), the leading provider of firmware-based, patented Computrace(R) Computer Theft Recovery, Data Protection and Secure Asset Tracking(TM) solutions is pleased to announce that Motion Computing(R), a leader in mobile computing technologies, has now embedded support for Computrace in the BIOS of its flagship LE1700 Tablet PC.
Motion is offering Absolute's Computrace(R)Complete(TM) with its LE1700 Tablet PC, the most feature-rich tablet PC on the market. The LE1700 integrates the latest technologies aimed at enhancing productivity of mobile professionals in healthcare, field sales
and service, government and hospitality, and now provides its customers access to the highest level of computer theft protection available on the market.
"Tablet PCs are the most mobile computers available and require diligent tracking to protect an organization's data and assets," said John Livingston, Chairman and CEO, of Absolute Software. "Motion Computing is the leader in the slate tablet PC market and this agreement reinforces that position and firmly establishes our embedded footprint in this growing market."
Computrace helps customers address issues of regulatory compliance, data protection and theft recovery. The software product deters computer theft, recovers stolen computers and provides a $1000 theft Recovery Guarantee(x). Customers may also activate a remote Data Delete feature to protect sensitive data on missing or stolen computers. Computrace addresses issues of regulatory compliance through detailed reporting on asset tracking, hardware and software inventory, software license and lease management, and can help enforce security policies through custom alerts and reporting. Traditional asset management systems can lose track of assets like tablet PCs when they drift to unknown locations or are not connected to the client network. With Computrace, the tablet PC reports changes in asset information on a daily basis over the Internet - regardless of its location.
"The Motion LE1700 tablet PC is portable, durable, innovative, and often used out of the office," said Tony Bonadero, Motion Computing vice president of product management. "Advanced security features and services are important to our enterprise customers as they roll-out larger numbers of tablet PCs to their mobile workers. ComputraceComplete can help our customers protect their tablet PC investment and key data, which is important for us in maintaining our leadership position in the rapidly expanding slate tablet PC market."
As the tablet PC market grows, so do incidences of theft and loss. Over 600,000 mobile computer thefts occurred in 2004, totaling an estimated $720 million in hardware losses and $5.4 billion in theft of proprietary information, according to Safeware The Insurance Agency. Although an FBI study found that 97% of stolen computers are never recovered, Absolute Software recovers three out of four stolen computers that contact its Monitoring Center.
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(x) For complete terms and conditions, please visit http://www.absolute.com/
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 and Panasonic, and the Company has reselling partnerships with these OEMs and others, including Apple and Toshiba. For more information about Absolute Software and Computrace, visit http://www.absolute.com/.
About Motion Computing
Motion Computing is a mobile computing and wireless communications leader, combining world-class innovation and industry experience so professionals in vertical industries such as healthcare, field sales and service and government can use computing technology in new ways and places. The company's enhanced line of tablet PCs, mobile clinical assistants and accessories are designed to increase productivity for on-the-go users while providing portability, security, power and versatility. Motion combines those products with services and unique vertical market knowledge to deliver complete solutions - platforms, peripherals, services and wireless - customized for the needs of a particular industry. For more information, visit http://www.motioncomputing.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.
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.
Source: Absolute Software Corporation