ABSOLUTE SOFTWARE CORP Form 6-K Due: August 18


News and research before you hear about it on CNBC and others. Claim your one week free trial for StreetInsider Premium here.


UNITED STATES

SAFETY AND EXCHANGES COMMISSION

Washington, D.C. 20549

_____________________

Form 6-K

_____________________

FOREIGN PRIVATE ISSUER REPORT

UNDER RULE 13a-16 OR 15d-16

UNDER THE SECURITIES EXCHANGE ACT OF 1934

For the month of August 2022

Board file number 001-39663

_____________________

ABSOLUTE SOFTWARE COMPANY

(Exact name of the Holder, as specified in its charter)

_____________________

N / A

(Translation of the declarant’s name)

_____________________

Office 1400

Four Bentall Center, 1055 Dunsmuir Street

Vancouver, British Columbia

V7X 1K8 Canada

(604) 730-9851

(Address and telephone number of the main executive offices of the declarant)

_____________________

Indicate with a check mark whether the registrant files or will file annual returns under form 20-F or form 40-F. Form 20-F oh Form 40-F

Indicate with a check mark if the filer is submitting Form 6-K on paper, as permitted by ST Rule 101(b)(1): oh

Indicate with a check mark if the filer is submitting Form 6-K on paper, as permitted by ST Rule 101(b)(7): oh


SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, duly authorized thereto.

Absolute Software Corporation
Date: August 18, 2022 By: /s/ Christy Wyatt
Name: Christy Wyatt
Title: Chairman and CEO

Index to Form 6-K Exhibits

Absolute Software bolsters its secure endpoint portfolio with new resiliency and intelligence capabilities

Innovations include improved communication with end users, an expanded catalog of resilient applications, and deeper insights to optimize software investments

VANCOUVER, British Columbia and SAN JOSE, California — August 18, 2022 — absolute software™ (NASDAQ: ABST) (TSX: ABST), the only provider of self-healing intelligent security solutions, today announced new innovations to its Secure Endpoint portfolio, reinforcing the company’s commitment to empowering customers to build resilience in today’s world of work from anywhere. These include improvements to end-user messaging, a expanded catalog of resilient applications and access to deeper insights needed to optimize investments in existing web applications.

As cyber threats continue to rise, some specialists predict that organizations will face a new ransomware attack every two seconds by 2031. Additional data reveals that 97% of IT professionals surveyed believe that remote workers are exposed to at least some additional risks – and in turn, this distributed or hybrid work expands their potential attack surface.

To enable IT and security teams to meet these challenges, new features available to Secure Endpoint customers include:

Improved end-user messaging: IT and security teams can take advantage of Absolute’s ineradicable firmware-integrated login to all endpoints and send secure user communications to the device, even when other tools, such as email, have been disabled by a malicious actor or if a user’s device has been compromised. Additionally, users can receive step-by-step instructions on how to prevent their machine from being affected or how to quarantine an infected device to limit the spread.

Extended Intelligence: Absolute’s Latest Product Release Includes Newly Available Web Subscriptions Report – enabling enterprise and education IT teams to accurately measure the ROI of web tools. The consolidated report provides an overview of how web applications are used by employees and students, allowing them to make more informed budget decisions about renewing or optimizing licenses for the coming year.

Extended Application Persistence Catalog: As part of this release, Absolute has increased the total number of titles available to its Resilience customers to 60; recent additions include BlackBerry CylancePROTECT and Ivanti Neurons for Unified Endpoint Management.

“With hybrid work environments here to stay, it is imperative to have solutions that can both enhance overall security and provide a better end-user experience,” said John Herrema, executive vice president of products and strategy at Absolute Software. “This latest version of the product gives IT and security teams a reliable, two-way communication channel to reach employees beyond email and other productivity apps, which are a prime target for malicious actors. Additionally, it allows them to automatically fix critical applications when they become disabled or stop working effectively, as well as ensure that their investments in web tools are fully utilized and yielding maximum ROI.

To learn more about Absolute’s latest product release, including additional details on features available to Control or Resilience tier customers, visit here.


image_0.jpg

About Absolute Software

absolute software (NASDAQ: ABST) (TSX: ABST) is the only provider of intelligent, self-healing security solutions. Embedded in over half a billion devices, Absolute is the only always-on digital platform that intelligently and dynamically applies visibility, control and self-healing capabilities to endpoints, apps and network connections – helping customers build cyber resilience against the escalating threat of ransomware and malicious attacks. Recognized by more than 17,000 customers, G2 has recognized Absolute as a Leader for the tenth consecutive quarter in the Grid® Summer 20022 Report for Endpoint Management and as a Performer in the G2 Grid Report for Zero Trust Networking.

©2022 Absolute Software Corporation. All rights reserved. ABSOLUTE, the ABSOLUTE logo, and NETMOTION are registered trademarks of Absolute Software Corporation or its affiliates. Other names or logos mentioned herein may be trademarks of Absolute or their respective owners. The absence of the ™ and ® symbols near each mark, or none at all, herein does not constitute a waiver of ownership of the associated mark.

For more information please contact:

Media Relations

Becky Levin

[email protected]

858-524-9443

Investor Relations

Joo-Hun Kim

[email protected]

212-868-6760