Absolute Names Lynn Atchison to Board of Directors

VANCOUVER, British Columbia--()--Absolute (TSX: ABT), the leader in endpoint resilience, today announced Lynn Atchison has joined Absolute's Board of Directors effective as of August 7, 2019. Ms. Atchison will also serve on the Audit Committee of the Board.

I am very pleased to welcome Ms. Atchison to the Board,” said Daniel P. Ryan, Chairman of the Board of Directors at Absolute. “Lynn is an accomplished financial executive with significant experience leading high-growth technology companies. The Board and Absolute will benefit from her unique perspective.”

Ms. Atchison is a seasoned technology executive with more than three decades of financial and operational leadership, and currently serves on the boards of Q2 Technologies, Convey, and RealMassive. She is also a member of original steering committee for Women@Austin and an Advisory Board Member of Philanthropitch.

$134 billion is being spent in information security this year, and yet 70 percent of the breaches still originate at the endpoint. Absolute is proving that organizations need to shift from simply addressing their security posture, but instead pivot to bolstering their endpoint resiliency,” said Christy Wyatt, chief executive officer at Absolute. “Lynn’s experience as a director, as well as her expertise with high growth SaaS and subscription businesses, including guiding HomeAway through its largest period of growth, will be invaluable as we head into this exciting next chapter of Absolute’s story.”

Most recently, Ms. Atchison was the CFO of Spredfast, Inc., a provider of enterprise social media management software. Prior to that, she served as the CFO of the online vacation rental marketplace HomeAway, Inc. from August 2006 until March 2016. During her tenure at HomeAway the business grew from $10 million to over $500 million in revenue. Ms. Atchison oversaw over 20 acquisitions, expansion into Europe, South America, and Australia, and an IPO on the NASDAQ in June 2011. Ms. Atchison was also instrumental in the sale of HomeAway to Expedia in December 2015 for $3.9 billion.

About Absolute
Absolute empowers more than 12,000 customers worldwide to protect devices, data, applications, and users against theft or attack—both on and off the corporate network. With the industry’s only tamper proof endpoint visibility and control solution, Absolute allows IT organizations to enforce asset management, security hygiene, and data compliance for today’s remote digital workforces. Absolute’s patented Persistence® technology is embedded in the firmware of Dell, HP, Lenovo, and 22 other leading manufacturers’ devices for vendor-agnostic coverage, tamper-proof resilience, and ease of deployment. See how it works at www.absolute.com and follow us on Twitter at @absolutecorp.

©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 press release.

Contacts

Media and Analyst Relations
Grace Lynch, InkHouse
absolute@inkhouse.com or 781-966-4148

Investor Relations
Joo-Hun Kim, MKR Group
joohunkim@mkrir.com or 212-868-6760

Contacts

Media and Analyst Relations
Grace Lynch, InkHouse
absolute@inkhouse.com or 781-966-4148

Investor Relations
Joo-Hun Kim, MKR Group
joohunkim@mkrir.com or 212-868-6760