Leading Analyst Firm Positions Absolute Software as a Visionary in Magic Quadrant

Published on Monday, 06 February 2012 07:30 Written by TradersHuddle Staff

Absolute Software Included in Client Management Tools Magic Quadrant

VANCOUVER, Feb. 6, 2012 /PRNewswire/ - Absolute^® Software Corporation ("Absolute" or the "Company") (TSX: ABT), the leading provider of firmware-embedded endpoint security and management solutions, announced today it has been positioned by Gartner, Inc. in the Visionaries Quadrant of the Client Management Tools Magic Quadrant.   According to the report, "Visionaries have vision scores that reflect feature-complete products, and they show technology leadership in providing some life cycle management functions users have begun requesting, or will have an impact during the next year or two (as discussed in the Completeness of Vision section). A Visionary will have particular strengths in certain emerging areas (e.g., mobile device management, Mac management, appliances, SaaS or desktop virtualization), but may lack a fully mature life cycle management solution, a global market presence or brand recognition."

For inclusion in the Magic Quadrant for Client Management Tools, vendor solutions were considered based on the following functions: Data/Settings Migration; Inventory; OS Deployment; Patch Management; Remote Control; Software Usage; SW Packaging & Distribution; Power Management. Mobile Device Management was another component, along with Application and Desktop Virtualization.

"To be positioned as a Visionary in Gartner's Client Management Tools Magic Quadrant is an important milestone for Absolute," states John Livingston, Chairman and Chief Executive Officer at Absolute Software. "We were not surprised to learn that our customers gave us top marks in support and product quality. These are the high standards we maintain for all of our persistent firmware-embedded endpoint security and management solutions."

To learn more about Absolute Software and Gartner's Client Management Tools Magic Quadrant, visit www.absolute.com/Magic-Quadrant

About the Magic Quadrant

Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings. Gartner research publications consist of the opinions of Gartner's research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.

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.

©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 # 5,715,174, # 5,764,892, # 5,802,280, # 5,896,497, # 6,087,937, # 6,244,758, # 6,269,392, # 6,300,863, # 6,507,914, # 7,818,557, # 7,818,803, # 7,945,709, and # 8,062,380. Canadian patents # 2,211,735, # 2,284,806, and # 2,205,370. U.K. patents # EP0793823, # GB2298302, and # GB2338101. German patent # 69512534. 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