Absolute Software and Assurant Solutions Offer Computrace LoJack for Laptops with Extended Warranty Programs for Consumer Notebooks
VANCOUVER and ATLANTA, Feb. 12 -- Absolute Software Corporation (TSX:ABT) ("Absolute", or the "Company"), the leading provider of firmware-based, patented Computer Theft Recovery, Data Protection and Secure Asset Tracking(TM) solutions and Assurant Solutions, a leading global provider of extended service contracts, today announced a program to bundle Absolute's Computrace® LoJack® for Laptops with extended service programs offered through Assurant Solutions' retail partner outlets, online stores and select OEM warranty programs.
Assurant Solutions, part of Assurant, Inc. (NYSE:AIZ), provides service plans through more than 10,000 retail stores in the United States. Beginning in the first half of calendar 2008, Computrace LoJack for Laptops will be included with certain extended service programs when purchased in conjunction with new notebook computers at select retail locations.
According to Keith Meier, Senior Vice President and General Manager of Assurant Solutions extended service business, "Offering Computrace LoJack for Laptops with our extended warranty programs provides new computer buyers with a seamless post-purchase service experience. We can now offer computer buyers a total protection package, from extended service coverage on manufacturer defects and accidental damage to the physical recovery of lost or stolen computers."
"With more than 600,000 laptops stolen each year, we believe that computer theft recovery is an essential computer security layer for consumers," said John Livingston, Chairman and CEO of Absolute Software. "Together with Assurant Solutions, we are making it easy for consumers to obtain computer theft protection through the purchase of a third-party extended warranty program available in hundreds of retail stores across North America."
Computrace LoJack for Laptops is an affordable and effective computer theft recovery service for home office, small business and consumers. When a laptop is protected with Computrace LoJack for Laptops, software installed on the computer works behind the scenes to silently and securely contact the Absolute Monitoring Center, and if stolen, to report its location using any Internet connection. Absolute then works with local law enforcement to recover the computer backed by a money back guarantee(1).
The Computrace Agent embedded in the BIOS(2) of computers from the world's leading manufacturers, is shipped turned off, and can be activated by customers when they purchase a subscription to Computrace LoJack for Laptops. Subscriptions can be purchased for terms ranging from one to four years.
For more information on Assurant Solutions' extended protection solutions, please visit www.assurantsolutions.com/extendedprotection/index.html
For more information on Absolute Software and its range of Computer Theft Recovery, Data Protection and Secure Asset Tracking(TM) solutions, please visit www.absolute.com or www.lojackforlaptops.com.
(1) Certain conditions apply. For full details visit: lojackforlaptops.com/eula.pdf.
(2) For a complete list of BIOS-supported computers visit: www.absolute.com/BIOS.
About Assurant Solutions and Assurant
Assurant Solutions businesses develop, underwrite, market and administer specialty insurance, extended service contracts and other risk management solutions through collaborative relationships with leading financial institutions, retailers, automobile dealers, funeral homes, utilities and other entities. With operations in 25 cities, including executive offices in Atlanta, Ga., Assurant Solutions serves clients and their customers in 13 countries throughout North America, the Caribbean, Latin America, Europe and Asia. www.assurantsolutions.com
Assurant Solutions is part of Assurant, a premier provider of specialized insurance products and related services in North American and selected international markets. Assurant, a Fortune 500 company and a member of the S&P 500, is traded on the New York Stock Exchange under the symbol AIZ. Assurant has over $25 billion in assets and $7 billion in annual revenue. www.assurant.com
About Absolute Software
Absolute Software Corporation (TSX: ABT) is the leader in Computer Theft Recovery, Data Protection and Secure Asset Tracking(TM) 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, Fujitsu, Gateway, HP, Lenovo, Motion, Panasonic and Toshiba, and the Company has reselling partnerships with these OEMs and others, including Apple. For more information about Absolute Software and Computrace, visit www.absolute.com or blog.absolute.com/.
Source: Absolute Software Corporation
CONTACT: Public Relations: Leslie Campisi, Affect Strategies, leslie@affectstrategies.com or (212) 398-9680 x144;
Assurant Solutions, External Communications, James A. Sykes, (770) 763-1015, james.sykes@assurant.com
