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Absolute Announces Significant Updates to its Enterprise Resilience Edition, Simplifying Security Policy Deployments and Remote Management of Device Fleets
[July 24, 2019]

Absolute Announces Significant Updates to its Enterprise Resilience Edition, Simplifying Security Policy Deployments and Remote Management of Device Fleets

Absolute (TSX: ABT), the leader in endpoint resilience, today announced the latest update to its Enterprise Resilience Edition. The new release provides customers with increased operational efficiency, on-demand support through live chat and automated ability to apply and adjust security policies across computing devices. The company also extended the self-healing capabilities of Application Persistence to the latest versions of Ivanti® Management Suite.

Protecting hundreds or thousands of computers demands constant attention and can be daunting for IT teams when they can only see, manage or deploy updates to devices that are connected to a corporate network. What's more, roughly 60 percent of breaches typically involve a vulnerability for which a patch was already available, exposing critical oversight gaps for many security teams and leaving many endpoints running susceptible operating systems, application versions or having configurations that deviate from the required security standards to be compliant.1

"Security and IT teams typically run lean on people and rarely have the time or personnel capable of automating workflows. Exposures become exploits and enterprise resilience is lost. These teams need a solution that not only can provide a single source of truth revealing the decay, collision and failure of all agents deployed, but can also automate changes and protections to reclaim their security posture in real-time," said Christy Wyatt, chief executive officer at Absolute. "IT and infosec teams need a single source of truth - and only Absolute can deliver that."

With thirty new automated workflows and usability enhancements, the Absolute Reach Library offers the most flexible and extensible portfolio of endpoint command tools, enabling IT organizations to mitigate patch management issues through a total of 118 ready-made commands.

Noteworthy additions to Absolute Reach's ready-to-use workflows include:

? Windows Update Command: Pinpoint vulnerable devices with pending or failed Microsoft (News - Alert) OS updates

? Automated Log Analytics: Detect initial signs of endpoint security exposures and potential incidents by automatically discovering frequent and common issues from event logs

? Windows Configuration Enforcement: Audit Windows features and local accounts on devices, as well as modify settings to maximize energy savings and ensure an optimal and consistent user experience

Absolute's new Live Chat Support gives enterprise IT and security teams more options to connect with our tech support experts. Our Live Chat option is a consumer-like frictionless experience - no tickets, no email, no toll-free numbers. On-demand chat support removes the dependency on legacy modes of technology support, ensuring Absolute customers receive real-time answers and information, so they can focus on their core business.

Absolute also unveiled greater flexibility for dynamically managing security policies across enterprise device fleets according to shifting security requirements. High-risk devices that hold sensitive data require stricter security policies, but the risk associated with each individual endpoint can fluctuate significantly over tie depending on business needs. Absolute now enables IT and security professionals to seamlessly and fluidly apply and adjust security policies to any endpoint or group of endpoints at any time. This means faster, simpler device scanning for sensitive data where and when required, and regular monitoring of the health of critical security controls, such as encryption or anti-malware across the entire fleet.

Additionally, IT teams can now improve endpoint resilience by extending the self-healing capabilities of Absolute's Application Persistence to the latest versions of Ivanti® Management Suite. Finally, Absolute's Application Persistence now provides more granularity and precision about the exact status of the device through the process of repairing any critical application, down to rebooting the entire device to complete the repair.

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About Absolute

Absolute provides endpoint visibility and control to help self-healing endpoint security and always-connected IT asset management to protect devices, data, applications and users - on and off the corporate network. Bridging the gap between security and IT operations, only Absolute gives enterprises visibility they can act on to protect every endpoint, remediate vulnerabilities, and ensure compliance in the face of insider and external threats. Absolute's patented Persistence technology is already embedded in the firmware of PC and mobile devices and trusted by over 12,000 customers worldwide. For the latest information, visit and follow us at @absolutecorp.

©Absolute Software Corporation. All rights reserved. ABSOLUTE, the ABSOLUTE logo, and PERSISTENCE are registered trademarks of Absolute Software Corporation. Other names or logos mentioned herein may be the trademarks of their respective owners. For patent information, visit The Toronto Stock Exchange has neither approved nor disapproved of the information contained in this news release.

Forward-Looking Statements

This press release contains certain forward-looking statements and forward-looking information (collectively, "forward-looking statements") which relate to future events or Absolute's future business, operations, and financial performance and condition. Forward-looking statements normally contain words like "will", "intend", "anticipate", "could", "should", "may", "might", "expect", "estimate", "forecast", "plan", "potential", "project", "assume", "contemplate", "believe", "shall", "scheduled", and similar terms and, within this press release, include, without limitation, any statements (express or implied) respecting existing and new product functionality and suitability. Forward-looking statements are provided for the purpose of presenting information about management's current expectations and plans relating to the future and allowing investors and others to get a better understanding of our anticipated financial position, results of operations, and operating environment. Readers are cautioned that such information may not be appropriate for other purposes.

Forward-looking statements are not guarantees of future performance, actions, or developments and are based on expectations, assumptions and other factors that management currently believes are relevant, reasonable, and appropriate in the circumstances. The material expectations, assumptions, and other factors used in developing the forward-looking statements set out herein include or relate to the following, without limitation: Absolute will maintain and enhance its competitive advantages within its industry and certain markets; Absolute's existing and new products will function as intended and will be suitable for the intended end users; and Absolute will be able to design, develop, and release new products, features, and services and enhance its existing products and services.

Although management believes that the forward-looking statements herein are reasonable, actual results could be substantially different due to the risks and uncertainties associated with and inherent to Absolute's business, as more particularly described in the "Risk Factors" sections of Absolute's most recently filed Management's Discussion and Analysis and Annual Information Form, both of which are available at and under Absolute's profile on Additional material risks and uncertainties applicable to the forward-looking statements herein include, without limitation, unforeseen events, developments, or factors causing any of the aforesaid expectations, assumptions, and other factors ultimately being inaccurate or irrelevant. Many of these factors are beyond the control of Absolute.

All forward-looking statements included in this press release are expressly qualified in their entirety by these cautionary statements. The forward-looking statements contained in this press release are made as at the date hereof and Absolute undertakes no obligation to update publicly or to revise any of the included forward-looking statements, whether as a result of new information, future events, or otherwise, except as may be required by applicable securities laws.

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