Spare Backup, Inc. Adds Tom Chin to the Advisory Board

Company to start immediate expansion in Asia Pacific

Jun 22, 2010, 08:53 ET from Spare Backup, Inc.

PALM DESERT, Calif., June 22 /PRNewswire-FirstCall/ -- Spare Backup, Inc. (OTC Bulletin Board: SPBU), an industry-leading provider of automated, online backup applications for home users and small businesses, announced today that it has added Tom Chin to its Advisory Board. Mr. Chin joins Tom Fisher on the Advisory Board. Mr. Fisher is the Senior Technology Advisor to the Board at Spare Backup.

Mr. Chin will initially focus his efforts in helping the company with its capital formation, distribution strategy, channel partnerships and sales initiatives. Mr. Chin brings deep international sales and partnerships experience to Spare.  He has a long history selling successfully and building sales organizations in Asia Pacific.

Most recently Mr. Chin was the VP of Sales, Asia Pacific for Riverbed, where he led substantial growth, stabilized China and launched a new sales team in Japan. Prior to Riverbed Mr. Chin was at CipherTrust as the VP of Sales, Asia Pacific. Mr. Chin spent the predominant years of his career at NetApp, where he served in several key management roles, most recently VP of Sales, Asia Pacific. At NetApp Mr. Chin was responsible for building out the firm's entire Asia Pacific operation, accelerating sales across the region with a compounded annual growth rate of 120% during the 7 years of his tenure. Mr. Chin came to NetApp from Adaptec where he was the Managing Director of Asia, growing sales from $2mm to $75mm. Mr. Chin has experience in a range of semiconductor firms and sales representative firms in that industry, including: CFH, ETEQ and Pacific Micro. Mr. Chin began his career at Wang Labs as the Sales Manager for the Western Region, US where he achieved 25% year over year revenue growth.

Mr. Cery Perle, CEO of the Spare Backup, Inc., commented, "We are excited to have Tom join the team as he brings valuable international experience to the company. Tom has had tremendous success launching disruptive technologies, like Spare's into the international marketplace. Tom is incredibly well connected internationally and his track record in Asia Pacific is remarkable. We hope to leverage Tom's insights and deep industry relationships to facilitate building a strong international base for Spare Backup."

Commenting on Tom Chin's new relationship with Spare Backup, Stephen Meyer stated, "I am very pleased to have Tom come on board with Spare Backup. He is one of the people I really wanted to get tied into the firm as soon as possible after I began helping out. Tom has a proven track record in building companies and guiding growth internationally, particularly in Asia Pacific. His knowledge of the storage space is very important for us. We expect Tom to hit the ground running and really help us with some of the heavy lifting as we work to achieve escape velocity quickly, building our sales representative organization and growing our international footprint. We view Asia Pacific as an important market for Spare Backup as we strive to be the leader in the automated online backup sector and cloud services."

Tom Chin said this about his new role with Spare Backup, "Spare Backup represents a great opportunity and reminds me of the new frontier that I enjoyed building while at NetApp. Spare has all of the elements to be a tremendous success in this marketplace. First rate people, superior technology, great existing customer base and immense growth potential – Spare has it all. I think that the future is exactly what Spare Backup is best at - connecting people with their content on any device, everywhere, all the time. Cery and Stephen have a shared vision for how to make that happen and the deep operating experience to deliver on the promise of the company. Spare's 'white label' approach to partnerships is a winning formula and I think that Spare's products will be very successful internationally, particularly in Asia Pacific. I look forward to working with the team at Spare Backup and I plan to take this message to the international community right away."

For additional information, visit http://www.sparebackup.com. For investor relations, please contact our investor relations department at 760-779-0251 Ext. 224 or ir@sparebackup.com.

About Spare Backup, Inc.:

Spare Backup, Inc. specializes in helping consumers, small office/home office users and small to mid-sized businesses protect their computer data quickly, automatically and cost-effectively. The company's flagship Spare Backup product is the first totally automated online backup service that intelligently selects, secures and stores files without any user intervention, automatically backing up documents, email, music, photos and other PC files on a continuous basis or according to the schedule of the user's choice. The company is headquartered in Palm Desert, California.

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.

SOURCE Spare Backup, Inc.



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