Absolute Software Corporation named to 2005 TSX VENTURE 50

    Absolute Software Corporation was
    today named to the 2005 TSX Venture 50, the first ever ranking of Canada’s
    top emerging public companies listed on the TSX Venture Exchange.

    “Being named to the TSX Venture 50 is testament to the strategic
    milestones we achieved during the past twelve months,” said John Livingston,
    Chairman and CEO of Absolute Software Corporation. “We continue to make
    important inroads toward establishing Computer Theft Recovery and Secure Asset
    Tracking as a standard product category in the computer security industry.

    This past year we signed strategic agreements with DELL, HP, IBM/Lenovo,
    Gateway and LoJack Corporation, expanded our sales presence in all key market
    verticals and successfully defended our patent portfolio against several
    competitors. Financial achievements in calendar 2005 included sales contract
    growth in excess of 50%, positive cash from operations and, a $5.5 million
    bought-deal financing in March of 2005.”

    Mr. Livingston continued: “As a result of this activity, we have elevated
    our awareness within the investment community which has led to an increase in
    share price from $0.60 to $3.10 and a surge in average trading volume from
    less than 10,000 shares per day to more than 35,000 per day. We believe our
    success is also a reflection of efforts by the TSX Venture Exchange to improve
    their image, disclosures and the quality of companies they list. On
    December 2, 2005, we completed a successful graduation to the Toronto Stock
    Exchange and are grateful to the TSX Venture for providing the support
    necessary to bring us to this stage.”

    The TSX Venture 50(TM) are the top 10 companies in each of five major
    industry sectors – mining, oil & gas, technology, life science and diversified
    industries – based on a ranking formula with equal weighting given to one-year
    revenue (last reported 12 months), return on investment, market cap growth and
    trading volume. All data was as of August 31, 2005.

    “We are very proud to launch the TSX Venture 50 to celebrate the
    achievements of our issuers,” said Linda Hohol, President, TSX Venture
    Exchange. “The impressive list of companies demonstrates that the TSX Venture
    Exchange is a unique incubator of public companies, and the companies in the
    TSX Venture 50 are living proof as to why this market is working.”

    The 2005 TSX Venture 50( was compiled based on public historical data
    and is not an invitation to purchase securities listed on Toronto Stock
    Exchange and/or TSX Venture Exchange. TSX Group Inc. and its affiliates do not
    endorse or recommend any securities referenced in this ranking. Neither TSX
    Group Inc. nor its affiliated companies represent, warrant or guarantee the
    accuracy or the completeness of the information. You should not rely on this
    information contained herein for any trading, business or financial purposes.
    TSX Group Inc. and its affiliates assume no liability for any errors or
    inaccuracies herein or any use or reliance upon this information.

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