Announces new product offers and extension of no-cost access to critical capabilities from company’s leading Resilience offering

Absolute® (ABT.TO), the leader in Endpoint Resilience™ solutions, today announced limited-time offers for customers to purchase critical add-on capabilities, including Absolute's Application Persistence™ service and Absolute Reach® portfolio, previously available only with the company’s top-tier Resilience edition. Absolute is also extending its previously announced COVID-19 related support offers, providing existing customers with the ability to self-heal existing virtual private network (VPN) applications and more seamlessly secure, manage, and patch remote devices at no additional cost through October 30, 2020.

Absolute’s Application Persistence service enables customers with the ability to self-heal more than 40 industry-leading security and productivity applications to ensure they remain healthy, active, and undeletable. Leveraging its unique firmware-embedded position, Absolute’s Persistence technology is able to identify if mission-critical controls are missing, disabled, or not working as intended and, if necessary, automatically prompt repairs or reinstallation. Absolute Reach, with a comprehensive library of more than 130 automated, custom workflows, allows IT and Security teams to easily run queries or reports and then take widespread remedial action – such as enforcing patch installations, or turning on or repairing VPN applications, which can be executed even if a device is off the corporate network. This is the first time Absolute has made these capabilities available to customers as standalone add-ons to their current product offering.

A recent survey of IT decision-makers by 451 Research found that 67 percent of respondents expect that their work-from-home policies will become permanent, or at least remain in place for the long term. By providing more flexible access to key Resilience features, Absolute is equipping many more customers to adapt to continuously changing conditions and securely mobilize employees, students, and devices as needed, amid the ongoing COVID-19 impacts.

“With little clarity on what the future of work and school will look like, organizations are in dire need of tools that can enable them to be more agile and responsive without compromising security, productivity, or continuity,” said Christy Wyatt, President and CEO of Absolute. “The strong response to our previous COVID offering has shown there is significant demand for capabilities like unbreakable visibility and self-healing controls that our true Endpoint Resilience solution can provide. With these new product offers, we’re making it easier than ever for Absolute customers to access critical capabilities that enable a seamless transition between remote, hybrid, and in-person environments while maintaining full visibility and security.”

Absolute’s Remote Work and Distance Learning Insights Center provides enterprise and education organizations with regularly updated data and resources to benchmark the resilience of their remote device environments against more than nine million Absolute-enabled endpoints. In the most recent findings, Absolute’s anonymized endpoint data showed the average delay for deploying the latest patches to Windows 10 enterprise devices was more than two months (79 days), and nearly one in four enterprise devices (24 percent) had a VPN considered to be out of compliance. Looking specifically at enterprise customers with Absolute’s Application Persistence service turned on, the percentage of devices with a healthy and compliant VPN jumped to 96 percent during the same time period.

To learn more about Absolute’s Application Persistence tools for VPN and how to take advantage of this extended offer, click here. To learn more about Absolute Reach capabilities and how to take advantage of this offer, click here.

Customers who would like to learn more about purchasing Absolute’s Application Persistence and Absolute Reach services as standalone add-ons to their current product offering should contact their authorized Absolute reseller or an Absolute sales representative.

All promotional offers are available to existing Visibility and Control tier customers through October 30, 2020. These tools are already available to Absolute’s Resilience tier customers worldwide.

For more about information about Absolute’s undeletable defense platform, and how it enables always-connected visibility and Self-Healing Endpoint® security, visit www.absolute.com.

About Absolute

Absolute is the leader in Endpoint Resilience solutions and the industry’s only undeletable defense platform, embedded in over a half-billion devices. Enabling a permanent digital tether between the endpoint and the enterprise who distributed it, Absolute provides IT and Security organizations with complete connectivity, visibility, and control, whether a device is on or off the corporate network, and empowers them with Self-Healing Endpoint® security to ensure mission-critical apps remain healthy and deliver intended value. For the latest information, visit www.absolute.com and follow us on LinkedIn or Twitter.

©2020 Absolute Software Corporation. All rights reserved. ABSOLUTE, the ABSOLUTE logo, PERSISTENCE, ABSOLUTE REACH, and SELF-HEALING ENDPOINT are registered trademarks of Absolute Software Corporation in the United States and/or other countries. Other names or logos mentioned herein may be the trademarks of Absolute or their respective owners. The absence of the symbols ™ and ® in proximity to each trademark, or at all, herein is not a disclaimer of ownership of the related trademark.

Media Relations Shannon Tierney press@absolute.com 408-313-9974

Investor Relations Joo-Hun Kim IR@absolute.com 212-868-6760

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