Quova, Inc.
TSX : ABT

February 17, 2009 08:21 ET

Quova Provides Wi-Fi Triangulation Data to Absolute Software

Technology Provides Additional Geolocation Capabilities to Absolute's Products for IT Asset Management and Recovery of Stolen Laptops

MOUNTAIN VIEW, CA--(Marketwire - February 17, 2009) - Quova,
Inc., the leading provider of Internet geolocation data services,
announced today that Absolute Software
Corporation, the leading provider of computer theft recovery, data
protection and IT asset management solutions has integrated Quova
geolocation technology into its popular Computrace® line of business laptop security services.
Quova's Wi-Fi geolocation technology is also used to assist with the
recovery of home computers protected by Absolute's LoJack® for Laptops consumer
service. Integration of Quova's Wi-Fi triangulation data supplements
Absolute's existing GPS and IP-based tracking capabilities.



As more businesses and consumers rely on mobile computers, the risk of
losing them or having them stolen becomes important issues. According to a
report published by the FBI, 109,000
laptops were confirmed stolen in 2008. Of those stolen, only 18 percent
were returned to their owner. Businesses and consumers are rapidly adopting
technology as assurance against device and data loss as replacement devices
may cost over a thousand dollars.



The Quova Wi-Fi geolocation tracking technology included in certain
Computrace products allows Absolute's enterprise customers to view the
location and location history of IT assets via Absolute's secure customer
portal. This portal enables Absolute's customers to find lost assets and
helps them discover thefts earlier. And, in the case of theft, Quova Wi-Fi
geolocation tracking technology can help the Absolute Theft Recovery Team
locate and recover Computrace and LoJack for Laptops-protected computers.



Prior to implementing WI-Fi geolocation data to provide location
information for the device, Absolute employed GPS and IP tracking
technology in its Computrace solutions. With the increased use of Wi-Fi
connectivity, Absolute wanted to add an additional tracking capability for
its users. Wi-Fi functionality is built into the firmware of virtually
every mobile computer, creating a solution that is easily accessible to any
user concerned about tracking IT assets or recovering stolen computers.
Now, when a user's mobile computer is stolen, Absolute can use Wi-Fi
triangulation to locate it. Wi-Fi signals can be triangulated through cell
phone towers and Wi-Fi hot spots to locate a computer down to a city block
level, providing critical information to the location of the asset. Using
several tracking methodologies in concert, Absolute works with authorities
to locate stolen computers, resulting in thousands of recoveries each year.



"The addition of Quova Wi-Fi geolocation technology in our solution has
immediately increased the value of our products and services, and it was
easy to integrate into our systems, " said Bill Gordon, Director of
Wireless Product Development at Absolute. "Providing the best solution for
our users means our customers can be confident that their laptops and
mobile computers are best protected."



"Wi-Fi technology has enabled computer users to connect to the Internet
from virtually any location, but it has also made tracking computer assets
increasingly critical and challenging," said Marie Alexander, President
and CEO of Quova. "The Absolute solution is a very exciting application of
Quova Wi-Fi geolocation technology that directly benefits businesses and
consumers."



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 firmware of computers by global
leaders, including Dell, Fujitsu, General Dynamics Itronix, 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



About Quova



Quova, Inc. enables online
businesses to instantly identify where a visitor to their Web site is
geographically located. Major e-retailers, ad networks, banks, and
government agencies integrate Quova's data into their Web
applications to geo-target their advertising and content, detect identify
theft and card-not-present fraud, manage digital content distribution,
comply with local laws and more. Quova delivers detailed
demographic and network characteristic data about an IP address, down to a
city area. The data is 99.9% accurate at the country level and 97.2%
accurate at the US State level (according to independent research conducted
by Pricewaterhouse Coopers). Quova, founded in 2000, is based
in Mountain View, California, and is privately owned. www.quova.com



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. Absolute Software and
LoJack Corporation are not responsible for any content herein.


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