ABT $0.53 ABSOLUTE SOFTWARE ANNOUNCES TOSHIBA LAPTOP PROTECTION COMMENCING StockHouse USA -- News --6/14/04


VANCOUVER, Jun 14, 2004 (Canada NewsWire via COMTEX) --
Absolute(R) Software, a leading provider of services and software for computer security and asset management, today announced that effective June 14, 2004, newly released Toshiba notebook computers sold in Canada include an offer to purchase Laptop Retriever, A
bsolute Software's PC Theft Recovery solution.

Laptop Retriever is the consumer version of Absolute's Computrace(R) Plus product, the Company's enterprise PC tracking and loss control product used by corporations, educational institutions, and government organizations. Absolute sells Laptop Retriever as a service to consumers and offers a guarantee on the recovery of a stolen notebook computer within 30 days or the Company will pay a recovery fee to the customer.

Absolute's Laptop Retriever service works through a small, patented software agent that is installed on the user's PC. The software agent regularly communicates its location back to a centralized server in stealth mode. If the PC is stolen, Absolute's Recovery Team works with local law enforcement agencies to secure the return of the PC. Absolute's confidence in its ability to recover stolen PC's installed with Laptop Retriever is demonstrated by its recovery guarantee whereby Absolute will pay up to $1000.00(x) for a PC not recovered within 30 days of being reported stolen to Absolute.

During the next 12 months, every newly released Toshiba notebook computer shipped in Canada will include an Absolute Laptop Retriever icon on the desktop that will provide details about the product and enable consumers to purchase and install three years of laptop protection for $119.95.

"Absolute's Laptop Retriever service is a great way of ensuring that our customers have added confidence in their Toshiba notebook computer, particularly for those that are frequently on the move", said Trevor Dantas, Vice President of Technical Services, Toshiba ISG. "Toshiba notebook computers are known for their reliability and customer satisfaction. Laptop Retriever represents a compelling and complementary service for our customers to protect their assets and information."

"We are pleased to be able to offer our guaranteed PC Theft Recovery service on Toshiba notebook computers in Canada," said Ben Haidri, VP Marketing of Absolute Software. "Toshiba is a leader in the mobile PC market, and Absolute's Laptop Retriever with its 30-day recovery guarantee will help ensure that their customers will be able to enjoy their PC purchases for years to come."

(x)Certain terms and conditions apply. Please see http://www.laptopretriever.com/canada/details.asp for details.

Toshiba of Canada Information Systems Group (Toshiba ISG)

Toshiba of Canada is a wholly owned subsidiary of Toshiba Corporation, one of the world's largest integrated manufacturers of electronic products and semiconductors. Headquartered in Markham, Ontario, Toshiba ISG is Canada's leading provider of mobile and handheld computers. Toshiba ISG is a leader in Canadian mobile computing, providing value added services and wireless hardware, such as integrated wireless notebook computers, pocket PCs and GSM/GPRS Compact Flash cards, to enable Canadians to work when they want and where they want.

About Absolute

Absolute Software (TSX-VEN: ABT) helps organizations overcome the security risks and asset management challenges associated with the remote, mobile and desktop computing environment. Thanks to the company's unique, patented Computrace Technology Platform, Absolute's products can be easily delivered as services over the Internet or as enterprise software installed at the customer's site. Over 2000 customers, including Fortune 1000 companies, small and medium businesses, education institutions and government organizations rely on these solutions every day to secure and manage their computing assets. For more information on Absolute please go to www.absolute.com.

(C) 2004 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 US patents No. 5,715,174, No. 5,764,892, No. 5,802,280, 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 TSX Venture Exchange has neither approved nor disapproved of the information contained in this news release.

VIEW ADDITIONAL COMPANY-SPECIFIC INFORMATION: http://www.newswire.ca/en/releases/orgDisplay.cgi?okey=70424

For further information: Media: Absolute Software: Marni Rabasso, (604) 730-9851 x171, mrabasso(at)absolute.com; Investors: Absolute Software: John Livingston, (604) 730-9851 x104, jliving(at)absolute.com