Press release

Absolute Strengthens Executive Team to Accelerate Next Stage of Growth

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Absolute
(TSX: ABT), the leader in endpoint resilience, today announced the
appointment of three key executives to its leadership team. Sandra Toms
joins the team as Chief Marketing Officer (CMO), Karen Reynolds joins as
Chief Communications Officer (CCO), and the company welcomes John
Robinson as Chief Human Resources Officer (CHRO). The appointments
coincide with a period of unprecedented need for endpoint visibility and
control solutions to protect data and devices used by remote employees.

With more than two decades of experience, Sandra Toms joins Absolute as
CMO, having most recently been at RSA Security, where she led and
curated the RSA Conference, successfully increasing the global
attendance from under 2,000 to nearly 50,000, and catapulting its
success into the world’s premier cybersecurity event. Beginning in 2008,
she also was selected to oversee RSA’s Corporate Communications
engagement and strategy in order to refine thought leadership
initiatives and leverage knowledge from her long-standing management of
the RSA Conference and RSA’s strong customer brands. Toms’ reputation
and commitment to continuous innovation and expertise in strategic
marketing and communications is self-evident, as she is a leading voice
in the security industry and is One of the Top 50 Women in Cybersecurity.

“I’ve spent the lion’s share of my professional journey sharing best
practices in order to fight the good fight in cybersecurity, and I’ve
watched as the industry has grown from being a small, niche market some
twenty years ago, to becoming the most critical strategy that companies
need to get right – or suffer catastrophic consequences,” said
Toms. “The threat vector landscape is going through another wave of
expansion, and as I’ve tracked Absolute, I am thrilled to join this team
as I see our unique capabilities driving the necessary protection that
organizations need to have, and am confident in our ability to drive
growth, support our customers and be recognized as the industry leader.”

Karen Reynolds has joined Absolute as CCO, where she is responsible for
driving excellence in the areas of public relations, investor relations,
and employee communications. Reynolds has held senior roles in growth
companies including HP, BMC Software, Centrify, and Good Technology
(prior to its acquisition by Blackberry) and most recently worked with
Andreessen-Horowitz startup People.ai. Karen is widely known in the
industry for her drive and passion in building great teams, with whom
she has crafted strategic narratives, and transformed smart executives
into persuasive storytellers, ultimately accelerating executive and
brand awareness.

As CHRO, John Robinson oversees all global human capital management,
while driving a culture of high performance that inspires, activates and
develops the company’s talent. John is a former U.S. Marine with a long
and successful career in human resources, most recently at Tapestry
Solutions, a software subsidiary of Boeing, where he was responsible for
global HR strategy and execution in 11 countries. Prior to that,
Robinson was the global HR director for a large division of the global
engineering company, Black & Veatch.

“With our Resilience technology embedded in the BIOS of over half a
billion devices, we have unique visibility into both the risk and the
efficacy of enterprise security ecosystems. With the combination of
innovation, execution and the world-class talent we have in place,
Absolute is well poised for success,” said Christy Wyatt, Chief
Executive Officer at Absolute. “I’m thrilled to welcome Sandra, Karen
and John to my leadership team at a critical time in our history.”

About Absolute
Absolute provides visibility and resilience
for every endpoint with self-healing endpoint security and
always-connected IT asset management to protect devices, data,
applications and users — on and off the network. Bridging the gap
between security and IT operations, only Absolute gives enterprises
visibility they can act on to protect every endpoint, remediate
vulnerabilities, and ensure compliance in the face of insider and
external threats. Absolute’s patented Persistence technology is already
embedded in the firmware of PC and mobile devices and trusted by over
12,000 customers worldwide. For the latest information, visit www.absolute.com
and follow us on LinkedIn here
and on Twitter here.

©2019 Absolute Software Corporation. All rights reserved. ABSOLUTE, the
ABSOLUTE logo, and PERSISTENCE are registered trademarks of Absolute
Software Corporation. Other names or logos mentioned herein may be the
trademarks of their respective owners. For patent information, visit www.absolute.com/patents.
The Toronto Stock Exchange has neither approved nor disapproved of the
information contained in this news release.