Absolute Declares Quarterly Dividend
(Canada Newswire Via Acquire Media NewsEdge)
VANCOUVER, Jan. 11, 2013 /CNW/ - Absolute® Software Corporation (TSX:
ABT), the industry standard for persistent endpoint security and
management solutions for computers, laptops and ultra-portable devices
- and the data they contain, announced today that its Board of
Directors has declared a quarterly dividend of $0.05 per share on its
common shares, payable in cash on February 28, 2013 to shareholders of
record at the close of business on February 7, 2013.
John Livingston, Chairman and CEO of Absolute said "The Board's decision
to institute a quarterly dividend highlights our significant cash flow
generation, our confidence in our prospects for future growth, and our
strong commitment to increase shareholder value."
Dividends are designated to be eligible dividends pursuant to subsection
89(14) of the Income Tax Act (Canada) and any applicable provincial legislation pertaining to
About Absolute Software
Absolute Software Corporation (TSX: ABT) is the industry standard in
persistent endpoint security and management for computers, laptops and
ultra-portable devices. The Company, a leader in device security and
management tracking for more than 18 years, has over 30,000 customers
worldwide. Positioned as a Visionary vendor in Gartner, Inc.'s Magic
Quadrant for Client Management Tools, Absolute's solutions -
Computrace, Absolute Manage, Absolute Secure Drive, and Computrace
LoJack for Laptops - provide organizations with actionable intelligence
to prove compliance, securely manage BYOD, and deliver comprehensive
visibility and control over all of their devices and data. The
Company's Computrace persistence technology 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,
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.
©2013 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, No. 8,062,380, No. 8,234,359, No. 8,241,369,
No. 8,307,055 and No. 8,332,953. 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.
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