Absolute Software Delivers Unparalleled Device and Network Intelligence with New Product Innovations

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Real-time access to historical information, from the endpoint to the network edge, enables customers to optimize and secure work environments from anywhere

VANCOUVER, British Columbia and SAN JOSE, Calif. — Absolute Software™ (NASDAQ: ABST) (TSX: ABST), a leader in Zero Trust self-healing solutions, today announced new product innovations, enabling organizations to track and analyze critical performance metrics spanning endpoints, users, applications, and network connections. With the new Absolute Insights™ for Endpoints add-on and enhancements to the diagnostic and experience monitoring capabilities of the enterprise Secure Access solution, IT and security administrators have access to historical information, firmware at the network edge, allowing them to more seamlessly manage device fleets, enforce security policies, and optimize remote user experience in today’s anywhere work environments today.

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Recent research from Absolute found that while the majority of organizations plan to adopt a hybrid form of work in 2022, IT and security leaders continue to face significant challenges in managing and securing distributed work environments. More than half (54%) of respondents agreed that the biggest challenge in managing risk is having the right technology tools to mitigate it.

“As organizations continue to navigate the uncertainties of the age of working from anywhere, access to data and the ability to generate actionable insights from it has never been better. important,” said John Herrema, EVP of Product and Strategy at Absolute. “Having actionable intelligence spanning devices, applications, networks and infrastructure is essential to successfully implementing Zero Trust principles and ensuring that all employees, regardless of location, can work securely. , efficient and productive.”

Absolute Insights for Endpoints gives administrators unparalleled visibility into their device populations, enabling real-time access to a range of historical assets and security metrics – including OS patch health, updates software updates, application health and usage, geolocation, user behavior patterns and sensitive information. data exposure. Customers can view this information through a set of pre-built dashboards or create custom versions aligned with their internal policies and requirements.

“Since using Absolute, we have greater visibility into our terminals than in the past,” said Ivan Ramon Castillo Morales, User Support Tools Coordinator at Banco Bilbao Vizcaya Argentaria (BBVA). “Insights for Endpoints allows us to go even deeper into analyzing the device and our users, helping us make better business decisions and protect IT investments.”

Absolute Insights for Network (formerly NetMotion Mobile IQ) builds on existing diagnostics and experience monitoring capabilities available through the company’s Secure Access product portfolio. New product enhancements enable customers to proactively monitor, investigate and resolve end-user performance issues quickly and at scale, even on networks that are not owned or managed by the company. This includes expanded coverage for 5G networks (e.g. signal quality, network availability, network coverage, and network usage) as well as Windows 11 and ARM devices. Additionally, security practitioners have increased visibility into the effectiveness of Zero Trust Network Access (ZTNA) policy enforcement (e.g. hosts/websites blocked by the policy, addresses/ ports and web reputation), enabling immediate impact analysis and more fine-tuning of ZTNA policies to minimize phishing, smishing and malicious web destinations.

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Absolute Insights for Endpoints is available for purchase as an add-on for existing customers of the Visibility, Control, or Resilience service tiers. Absolute Insights for Network is available as part of the company’s Secure Access product line (formerly NetMotion by Absolute).

To learn more about Absolute Insights for endpoints and network, including detailed use cases, visit here or contact sales@absolute.com.

About Absolute Software
Absolute Software (NASDAQ: ABST) (TSX: ABST) is accelerating customers’ transition to working from anywhere with the industry’s first self-healing Zero Trust platform, helping to ensure maximum security and uncompromising productivity. Absolute is the only solution embedded in more than half a billion devices, delivering an always-on digital connection that intelligently and dynamically applies visibility, control, and self-healing capabilities to endpoints, apps, and devices. network access to help ensure their cyber resilience tailored to distributed workforces. . Recognized by nearly 16,000 customers, G2 recognized Absolute as a Leader in Zero Trust Networking and Endpoint Management in Winter 2022.

©2022 Absolute Software Corporation. All rights reserved. ABSOLUTE, the ABSOLUTE logo and NETMOTION are registered trademarks of Absolute Software Corporation. Other names or logos mentioned herein may be trademarks of Absolute or their respective owners. The absence of the ™ and ® symbols near each mark, or none at all, herein does not constitute a waiver of ownership of the associated mark.

Forward-looking statements

This press release contains certain forward-looking statements and information (collectively, “forward-looking statements”) that relate to future events or Absolute’s future business, operations, performance and financial conditions. Forward-looking statements normally contain words such as “will”, “intend”, “anticipate”, “could”, “should”, “may”, “could”, “expect”, “estimate », « plan », « plan ». “, “potential”, “project”, “assume”, “consider”, “believe”, “should”, “planned” and other similar terms and, in this press release, include, without limitation, statements regarding the management of distributed device fleets, security policy enforcement and remote user experience optimization, new product enhancements and effectiveness of ZTNA policy enforcement. Forward-looking statements are provided for the purpose of presenting information about management’s current expectations and plans regarding the future and to provide investors and others with a better understanding of our expected financial condition, results of operations and operating environment. . Readers are cautioned that this information may not be suitable for other purposes.

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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 under the circumstances. The expectations, assumptions and other important factors used in making the forward-looking statements set forth herein include or relate to, but are not limited to, the following: Absolute will be able to successfully execute its plans, strategies and objectives . Although management believes that the forward-looking statements contained herein are reasonable, actual results could differ materially due to risks and uncertainties associated with and inherent in Absolute’s business, as more particularly described in the “Risks and Uncertainties” section. of the latest report filed by Absolute. MD&A, available at www.absolute.com and under Absolute’s profile at www.sedar.com. Additional material risks and uncertainties applicable to the forward-looking statements included herein include, but are not limited to, unforeseen events, developments or factors that cause any of the foregoing expectations, assumptions and other factors to ultimately be inaccurate or irrelevant. Many of these factors are beyond Absolute’s control.

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 of the date hereof, and Absolute undertakes no obligation to publicly update or revise any of the forward-looking statements included, whether as a result of new information, future events or otherwise. , except as required by applicable securities laws.

See the source version on businesswire.com: https://www.businesswire.com/news/home/20220331005123/en/

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contacts

Media Relations
Becki Levine, absolute software
press@absolute.com
858-524-9443

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

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