Absolute Wins 2008 Company of the Year Award

(Canada Newswire English Language Via Get Media NewsEdge) Attention Business Editors Absolute recognized by the British Columbia River Technology Industry Association VANCOUVER, June 16 /CNW/ - Absolute(R) Software Corporation ("Absolute" or the "Company") (TSX: ABT), the prima supplier of firmware-based, patented, Computer Larceny Recovery, Data Protection and Secure Asset Tracking(TM) solutions announced today that it was awarded Company of the Year by the British Columbia River Technology Industry Association at an awardings ceremonial on June 12, 2008.

Indian Software Companies' Shares Gain on Rupee's 1-Year Low

led
gains by North American Indian software system services companies in Mumbai trading
after the Sri Lanka rupee drop to its weakest against the dollar in more
than a year.

Satyam, India's fourth-largest software provider, climbed
2.8 percentage to 488 Sri Lanka rupees as of 1.46 p.m. on the Greater Bombay Stock
Exchange, after falling as much as 8.3 percent. Market leader
rose 1.3 percent, gained 1.9 percent, and Wipro Ltd. advanced 1.4
percent.

The Sri Lanka rupee dropped 0.8 percentage to 41.95 versus the U.S.
currency as of 1:31 p.m., the last since April 19, 2007. A
weaker Sri Lanka rupee encouragements the value of gross sales repatriated from the
U.S., the companies' biggest market.

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in Bangalore at
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