Absolute Software signs 2 major security contracts

Absolute Software is now protecting even more laptops – signing two of its largest contracts to date.

These two contracts, totaling $1.2 million, support the corporate and education markets. One sale, to a U.S. school district, provides 5 years of protection with ComputraceComplete. This is the largest single customer order in Absolute Software’s history, and a milestone in protecting laptops in the education sector.

The second contract was an agreement to offer AbsoluteTrack, Absolute’s asset tracking solution to a company operating in the financial services sector.

John Livingston, Absolute’s Chairman and CEO, notes the significance of these contracts:

“We are particularly proud of these two milestone sales, as we believe they are indicative of an overall trend toward larger customer adoption of our solutions.”

Laptop thefts and data breaches have crippled many companies and sectors, and these two contracts show the growing recognition of the need for more stringent security measures.

Tags: absolute software, computrace, computrace complete, absolute track, laptop security, asset tracking