Win7 versions

Hi. Just deciding what version of Windows 7 to get. (Home Premium vs Professional vs Ultimate)

If I need passwords to be remembered for MS exchange I need Professional or Ultimate?
If I don't want a person with physical access to the computer to be able to log onto a password-protected account I need Ultimate and need to use bitlocker?

(Currently on Vista Home Premium and fine I have to enter my Exchange password on each logon and that a simple boot utility can remove any password.)
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