Spare Backup Successfully Completes Testing Phase for Launch of Spare Mobile Backup and Security with Major International Telco

MINDEN, Nev., Dec. 20, 2012 /PRNewswire/ -- Spare Backup, Inc. ("Spare Backup"), (OTCQB: SPBU),a provider of data backup and security software for smartphones, tablets and PCs, which is carrier and manufacturer agnostic, announced today that it has successfully completed the testing phase in preparation for the launch of Spare Mobile Backup and Security with a major International Telephone Carrier. 

The completion of testing sets the stage for a progressive rollout of Spare Backup's mobile backup and security tools beginning in the Telco's flagship stores and eventually throughout their entire distribution channel which spans throughout two continents.  Spare Backup has begun the process of hiring a dedicated support team that will assist with in-store promotions, sales training and driving activations.  Management anticipates it will hire up to 10 support personnel during the first twelve months of the launch phase.

Cery Perle, CEO of Spare Backup, Inc., stated, "We are extremely pleased to have successfully completed this extensive testing phase as we prepare for an "eminent launch" with this significant partner.  We believe a successful launch of this magnitude can literally change the dynamics of our company and place us in a position not only to capture a vast customer base, but to further bring on additional Telco partners in a relatively short period of time. We are confident that the plan we are executing on now which includes a dedicated support staff, will enable our company to deliver tremendous growth in the coming year and beyond."

 About Spare Backup, Inc.

Spare Backup, Inc. is a leading provider of data backup and security software for smartphones, tablets and PCs. Spare Backup's software enables consumers and small to medium sized businesses to easily protect valuable computer and mobile data quickly, automatically and cost-effectively.

Spare Backup software intelligently selects, secures and stores personal and business content on a continuous basis or according to the schedule of the user's choice.  It also allows for the integration of that content across various devices and provides enhanced security features to protect valuable data on any lost or stolen devices.  Spare Backup software is the first totally automated cloud-based backup service that is distributed on a stand-alone or private label basis through major retail and warranty service partners in North America and Europe.

Safe Harbor Statement

The Private Securities Litigation Reform Act of 1995 provides a safe harbor for forward-looking information made on the company's behalf.  All statements, other than statements of historical facts, which address the company's expectations of sources of capital or which express the company's expectation for the future with respect to financial performance or operating strategies can be identified as forward-looking statements.  Such statements made by the company are based on knowledge of the environment in which it operates, but because of the possibility of unknown factors, as well as other factors beyond the control of the company, actual results may differ materially from the expectations expressed in the forward-looking statement.  An investment in our common stock involves a significant degree of risk.  You should not invest in our common stock unless you can afford to lose your entire investment.  You should consider carefully all risk factors and other information in our annual report and quarterly filings before deciding to invest in our common stock.  If any of the following risks and uncertainties develops into actual events, our business, financial condition or results of operations could be materially adversely affected and you could lose your entire investment in our company.

Forward Looking Statements:

This press release contains forward-looking statements that involve a number of risks and uncertainties, including statements regarding the outlook of the Company's business and results of operations. By nature, these risks and uncertainties could cause actual results to differ materially from those indicated. Generally speaking, any statements using terms such as "will," "expect," "anticipate," or "may," or which otherwise predict or address future results or events, are likely to contain forward-looking statements. It is important to note that actual results may differ materially from what is indicated in any forward-looking statement.

Readers should consider any forward-looking statements in light of factors that could cause actual results to vary. These factors are described in Spare Backups filings with the SEC, and readers should refer to those filings, including Risk Factors described in those filings, in connection with any forward-looking statements.  The Company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

CONTACT

Spare Backup, Inc.


Ascendant Partners at IR@spbu.com

 

SOURCE Spare Backup, Inc.



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