PRESS RELEASE

Vancouver, Canada: November 24, 2008 " Absolute' Software Corporation ("Absolute" or the "Company") (TSX: ABT), the leading provider of firmware-based, patented, computer theft recovery, data protection and IT asset management solutions today announced it launched a closed beta of Computrace' Mobile for the BlackBerry' platform. With general availability estimated in the first quarter of 2009, the new solution will deliver asset management, data protection and geolocation tracking for the popular BlackBerry line of smartphones.

"The handheld space for enterprises is dominated by the BlackBerry and our customers are excited to test our best-in-class IT asset management and data protection solution for this popular platform" said John Livingston, president and CEO of Absolute Software. "We will be able to offer our customers a single system for managing and securing their Windows and Mac laptops and desktops, Windows Mobile devices and now BlackBerry smartphones. As our customers drive to get the most out of their investments in mobile computing, this solution will provide them with the visibility and protection they need to reduce operational costs and losses due to theft and inefficient allocation."

Computrace Mobile for the BlackBerry platform will deliver: - Reduced operational costs associated with managing mobile devices by leveraging the Computrace platform's integrated Customer Center reporting for hardware, software and user information. - An additional layer of data protection and increased compliance with government data breach laws through remote Data Deletion capabilities. - The ability to geolocate a device and display it on a map.*

During the beta testing period, some of Absolute's current commercial customers have privileged, pre-release access to Computrace Mobile for BlackBerry at no additional cost. Interested journalists and product reviewers may also request a demonstration of the solution prior to its general availability.

Computrace Mobile is currently available for all Windows Mobile' 5 and 6 handheld devices including popular models like the MOTO Q, Treo 750 and Samsung BlackJack.

* Geolocation is only performed with the prior consent of the device owner. Geolocation feature is available for BlackBerry Versions 4.2.1 and later.

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. Forward-Looking Statements 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, the availability of certain services and products both for testing and in general, the accuracy of and legal requirements for operating certain 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.