Absolute Software Now Available through SHI’s NASPO ValuePoint Contract

Rhea-AI Summary

Absolute Software (NASDAQ: ABST) has been added to the multi-year NASPO ValuePoint Cloud Solutions contract held by SHI, enhancing accessibility of its Secure Endpoint and Secure Access products for States, Local Governments, and Educational institutions. This partnership aims to strengthen cyber resilience for government agencies through self-healing security solutions. With over 600 million devices supported and nearly 20,000 customers, Absolute continues to be recognized as a leader in endpoint management and zero trust networking.

Positive

• Inclusion in NASPO ValuePoint contract enhances product accessibility for government agencies.
• Partnership with SHI expected to improve cybersecurity for local and educational institutions.
• Recognized as a leader in endpoint management and zero trust networking.

Negative

• None.

Empowers participating states and local governments with broader access to company’s leading Secure Endpoint and Secure Access product offerings

VANCOUVER, British Columbia & SAN JOSE, Calif.--(BUSINESS WIRE)-- Absolute Software™ (NASDAQ: ABST) (TSX: ABST), the only provider of self-healing, intelligent security solutions, today announced the company has been added to the multi-year NASPO ValuePoint Cloud Solutions contract held by SHI. The addition to this contract enables SHI and its reseller partners to provide Absolute Secure Endpoint and Absolute Secure Access to participating States, Local Governments, and Educational (SLED) institutions.

“We share SHI’s mission to empower government agencies with the critical capabilities they need to ensure security controls are working effectively to protect devices, data, and users,” said Alan Sanderson, SVP of Americas Sales & Channel at Absolute Software. “We look forward to partnering with SHI to provide NASPO members with broader access to Absolute’s intelligent, self-healing security solutions – enabling them to strengthen cyber resiliency.”

SHI helps government organizations, educational institutions, and other public entities take a smarter approach to technology deployment, provision applications faster, and run efficient and effective IT operations across data centers, end-user devices, and in the cloud.

NASPO ValuePoint is a cooperative purchasing program facilitating public procurement solicitations and agreements using a lead-state model. The program provides the highest standard of excellence in public cooperative contracting. By leveraging the leadership and expertise of all states and the purchasing power of their public entities, NASPO ValuePoint delivers the highest valued, reliable, and competitively sourced contracts.

Absolute Secure Endpoint and Absolute Secure Access are available through SHI’s NASPO ValuePoint Master Agreement. For more information, visit here. To learn more about Absolute Software, and how SLED organizations can leverage the company’s leading self-healing, intelligent security solutions, visit here or contact absolute-naspo@absolute.com.

About Absolute Software

Absolute Software (NASDAQ: ABST) (TSX: ABST) is the only provider of self-healing, intelligent security solutions. Embedded in more than 600 million devices, Absolute is the only platform offering a permanent digital connection that intelligently and dynamically applies visibility, control and self-healing capabilities to endpoints, applications, and network connections - helping customers to strengthen cyber resilience against the escalating threat of ransomware and malicious attacks. Trusted by nearly 20,000 customers, G2 recognized Absolute as a Leader for the twelfth consecutive quarter in the Winter 2023 Grid® Report for Endpoint Management and as a Leader for the second consecutive quarter in the Grid Report for Zero Trust Networking.

©2023 Absolute Software Corporation. All rights reserved. ABSOLUTE, the ABSOLUTE logo, and NETMOTION are registered trademarks of Absolute Software Corporation or its subsidiaries. Other names or logos mentioned herein may be the trademarks of Absolute or their respective owners. The absence of the symbols ™ and ® in proximity to each trademark, or at all, herein is not a disclaimer of ownership of the related trademark.

View source version on businesswire.com: https://www.businesswire.com/news/home/20230404005460/en/

For more information:



Media Relations

Becki Levine

press@absolute.com

858-524-9443



Investor Relations

Joo-Hun Kim

IR@absolute.com

212-868-6760

Source: Absolute Software Corporation

FAQ

What is the significance of Absolute Software being added to the NASPO ValuePoint contract?

Being added to the NASPO ValuePoint contract allows Absolute Software to provide its Secure Endpoint and Secure Access solutions to a broader range of government agencies and educational institutions.

How does this partnership with SHI benefit Absolute Software?

The partnership with SHI enables Absolute Software to enhance its product accessibility, which is expected to strengthen cybersecurity measures for participating states and local governments.

What are the key products mentioned in the press release for Absolute Software?

The key products mentioned are Absolute Secure Endpoint and Absolute Secure Access.

What recognition has Absolute Software received recently?

Absolute Software has been recognized as a leader in the Winter 2023 Grid® Report for Endpoint Management and Zero Trust Networking.