VANCOUVER, CANADA: November 2, 2006–Absolute® Software Corporation (“Absolute”) (TSX: ABT), the leading provider of firmware-based, patented Computer Theft Recovery, Data Protection and Secure Asset Tracking™ solutions, today announced that St. John’s University, one of America’s leading Catholic universities, has selected Absolute’s Computrace®Plus computer tracking and recovery software as a core component of its student laptop program. ComputracePlus enables laptop owners to track their computer population on a daily basis–including location, software and hardware title inventories, software license compliance and user information–all from a single point of control.

St. John’s, based in Queens, New York (with branch campuses in Staten Island, Manhattan and Oakdale, New York as well as Rome, Italy) is home to more than 20,000 students. As part of St. John’s Academic Computing Initiative, developed to advance the use of technology in academics, the school provides incoming undergraduate students with their own Lenovo ThinkPad® laptop computers. Upon graduation, the laptop is theirs to keep.

“Today, students expect universities to provide technology as part of their academic learning environment,” said Joseph J. Tufano, CIO, St. John’s University. “St. John’s’ goal is to provide a level playing field for all our students by offering quality resources and access to vital information that can be shared quickly and freely. Our laptop initiative directly supports this goal and we are proud of the University’s accomplishments with this project.”

Tufano added, “St. John’s has made a significant investment in technology since the start of this program in 2003. The management and protection of our laptops is a top priority for us. Another concern is the data that resides on it. We selected ComputracePlus to help us safeguard our valuable equipment. Today, the software is invaluable. As an educator, I would definitely give it an A’.”

“Laptop computers are essential learning and productivity tools that offer unlimited rewards to students as well as teachers and administrators,” said John Livingston, CEO of Absolute Software. “However, they can also create unnecessary headaches and hazardous risks if they are not properly secured, tracked and inventoried. I am very pleased that Absolute Software was selected by St. John’s University to help track and protect the school’s laptops. This new relationship is a testament to the increased demand for effective PC tracking and recovery tools within the education sector and to the power, reliability and effectiveness of our Computrace solutions.”

Absolute Software has been helping colleges, universities and K-12 education institutions track and manage their computing assets since 1993. Today, nine of the top 15 School Districts in the USA use Absolute’s Computrace software solutions, as well as various colleges and universities including William Penn, Colorado Tech, Bryant, Boise State, among others.

For more information on Absolute Software and its range of Computer Theft Recovery, Data Protection and Secure Asset Tracking solutions, please visit www.absolute.com.

About Absolute Software

Absolute Software Corporation (TSX: ABT) is the leader in Computer Theft Recovery, Data Protection and Secure Asset Tracking™ solutions. Absolute Software provides organizations and consumers with solutions in the areas of regulatory compliance, data protection and theft recovery. The Company’s Computrace® software is embedded in the BIOS of computers by global leaders, including Dell, Lenovo, Gateway, HP and Fujitsu, and the company has reselling partnerships with these OEMs and others, including Apple and Toshiba. For more information about Absolute Software and Computrace, visit www.absolute.com.

About St John’s University (N.Y.)

St. John’s University is one of America’s leading Catholic universities–nationally ranked (by The Princeton Review and U.S. News & World Report) and recognized for its superb academic programs, diverse student life, New York vitality and BIG EAST athletic excitement. Founded in 1870 by the Vincentian Community, St. John’s currently enrolls more than 20,000 undergraduate and graduate students from 43 states and 103 countries. The University also offers housing for more than 2,700 students in five friendly residential campus locations (Queens, Staten Island, Manhattan and Oakdale, New York as well as Rome, Italy).

St. John’s values its investment in education and provides the necessary resources to support student scholarships, faculty and academic programs, technological advances and the building and modernization of new facilities (both academic and athletic). St. John’s University is the perfect choice for an affordable, high-quality private education that blends academic study, service learning opportunities, professional training and real-world experience within a diverse and highly supportive community. For more information about St John’s University, visit http://www.stjohns.edu.

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 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.
©2006 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 No. 5,715,174, No. 5,764,892, No. 5,802,280, No. 5,896,497, No. 6,244,758, No. 6,269,392, No. 6,300,863, and No. 6,507,914. Canadian patent No. 2,305,370. U.K. patents No. EP793823 and No. GB2338101. German patent No. 695 125 34.6-08. Australian patent No. 699045. The Toronto Stock Exchange has neither approved nor disapproved of the information contained in this news release.

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