Absolute Software Incorporates Quova's Geolocation Technology Into Computrace
Quova's Wi-Fi triangulation geolocation technology supplements Absolute's existing GPS and IP-based tracking capabilities
February 18, 2009
PRESS RELEASE
MOUNTAIN VIEW, Calif. - February 17, 2009 - Quova, Inc., the leading provider of Internet geolocation data services, announced today that Absolute Software Corporation, the leading provider of computer theft recovery, data protection and IT asset management solutions has integrated Quova geolocation technology into its popular Computrace(r) line of business laptop security services. Quova's Wi-Fi geolocation technology is also used to assist with the recovery of home computers protected by Absolute's LoJack(r) for Laptops consumer service. Integration of Quova's Wi-Fi triangulation data supplements Absolute's existing GPS and IP-based tracking capabilities.
As more businesses and consumers rely on mobile computers, the risk of losing them or having them stolen becomes important issues. According to a report published by the FBI, 109,000 laptops were confirmed stolen in 2008.
Of those stolen, only 18 percent were returned to their owner. Businesses and consumers are rapidly adopting technology as assurance against device and data loss as replacement devices may cost over a thousand dollars.
The Quova Wi-Fi geolocation tracking technology included in certain Computrace products allows Absolute's enterprise customers to view the location and location history of IT assets via Absolute's secure customer portal. This portal enables Absolute's customers to find lost assets and helps them discover thefts earlier. And, in the case of theft, Quova Wi-Fi geolocation tracking technology can help the Absolute Theft Recovery Team locate and recover Computrace and LoJack for Laptops-protected computers.
Prior to implementing WI-Fi geolocation data to provide location information for the device, Absolute employed GPS and IP tracking technology in its Computrace solutions. With the increased use of Wi-Fi connectivity, Absolute wanted to add an additional tracking capability for its users.
Wi-Fi functionality is built into the firmware of virtually every mobile computer, creating a solution that is easily accessible to any user concerned about tracking IT assets or recovering stolen computers. Now, when a user's mobile computer is stolen, Absolute can use Wi-Fi triangulation to locate it. Wi-Fi signals can be triangulated through cell phone towers and Wi-Fi hot spots to locate a computer down to a city block level, providing critical information to the location of the asset. Using several tracking methodologies in concert, Absolute works with authorities to locate stolen computers, resulting in thousands of recoveries each year.
"The addition of Quova Wi-Fi geolocation technology in our solution has immediately increased the value of our products and services, and it was easy to integrate into our systems, " said Bill Gordon, Director of Wireless Product Development at Absolute. "Providing the best solution for our users means our customers can be confident that their laptops and mobile computers are best protected."
"Wi-Fi technology has enabled computer users to connect to the Internet from virtually any location, but it has also made tracking computer assets increasingly critical and challenging," said Marie Alexander, President and CEO of Quova. "The Absolute solution is a very exciting application of Quova Wi-Fi geolocation technology that directly benefits businesses and consumers."
About Absolute Software
Absolute Software Corporation (TSX: ABT) is the leader in computer theft recovery, data protection and Secure Asset Tracking(r) 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
About Quova
Quova, Inc. enables online businesses to instantly identify where a visitor to their Web site is geographically located. Major e-retailers, ad networks, banks, and government agencies integrate Quova's data into their Web applications to geo-target their advertising and content, detect identify theft and card-not-present fraud, manage digital content distribution, comply with local laws and more. Quova delivers detailed demographic and network characteristic data about an IP address, down to a city area. The data is 99.9% accurate at the country level and 97.2% accurate at the US State level (according to independent research conducted by Pricewaterhouse Coopers). Quova, founded in 2000, is based in Mountain View, California, and is privately owned. www.quova.com
Computrace and Absolute are registered trademarks of Absolute Software Corporation. LoJack is a registered trademark of LoJack Corporation, used under license by Absolute Software Corporation. Absolute Software and LoJack Corporation are not responsible for any content herein.
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