Spare Backup to Release Version 5.0 of Data Backup and Mobile Security Software to Support Upcoming Launches
New Software to Reduce Lead Time to Less than One Month
MINDEN, Nev., Jan. 15, 2013 /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 will release the 5.0 version of its data backup and mobile security software to support current and future launches, with its distributors and Telco partners.
The additional functionalities in the new release will include customizable content management, flexible feature utilization to enable independent bundling and pricing of services, and enhanced customer utilization monitoring. The new software will also reduce the lead time for launch of white label customization for new offerings from two to four months, to less than one month to enable partners to quickly test customer offerings to maximize take rates. Spare Backup anticipates the new features of version 5.0 will be available to existing and future customers beginning in the early second quarter of 2013.
Cery Perle , CEO of Spare Backup, Inc., stated, "We are excited to offer these new features to our customers and distribution partners as we continuously work to improve our software. We believe these new enhancements will help our current and future Telco partners by providing more flexibility to maximize the success of their marketing efforts, as we work together to build a large recurring revenue base from mobile subscribers seeking to protect their mobile data and secure their mobile devices."
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.
Spare Backup, Inc.
Ascendant Partners at IR@spbu.com
SOURCE Spare Backup, Inc.
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