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Spare Backup to Rollout Its Revolutionary Suite of Mobile Parental Controls Beginning on October 31, 2011

Pre-Selling of the New Parental Control Features for Smartphones and Tablets will Begin with Distributers in Europe and North America on October 15, 2011


News provided by

Spare Backup, Inc.

Oct 05, 2011, 07:30 ET

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MINDEN, Nev., Oct. 5, 2011 /PRNewswire/ -- Spare Backup Inc. ("Spare Backup") (OTCBB: SPBU), a provider of data backup and security software for smartphones, tablets and PCs, which are carrier and manufacturer agnostic, today announced the rollout of its revolutionary suite of mobile parental controls beginning on October 31, 2011.  Spare Backup will begin pre-selling the new parental control features to its distributors in Europe and North America beginning on October 15, 2011.

This new suite of parental controls is the perfect tool for parents to monitor and manage numerous aspects of their children's use of smart mobile devices. The simple set-up wizard helps users enable boundaries for monitoring up to 5 children's locations and times of daily activities like school, sports, and time with friends.  Once the rules are in place, if the child's phone is not in the location it should be, the intelligent software automatically notifies the subscriber through email or text. Through the secure website and mobile devices, a parent can view mapped trails to see where their child has been.  In the upcoming months additional services will be rolled out to complement these controls.

According to numerous industry experts, by the end of 2011 there will be 627 million smartphone users around the globe, accounting for 12.3 percent of the total number of active SIMs. By 2015, the smartphone user base is estimated to reach over 1.5 billion, accounting for 24.8 percent of the active SIMs. Vendor shipments of smartphones will exceed 269 million in 2011 as compared to only 194 million notebooks (PC and Mac).  By 2015 shipments of smartphones are estimated to increase to over 448 million worldwide.  In addition, with more and more children using mobile devices such as smartphones, tablets and other internet connected devices each day there is a growing need for parents to exercise control over this medium.  

Commenting on the rollout, Cery Perle, CEO of Spare Backup stated, "Spare Backup's parental controls are a unique and cost effective way to monitor a child's mobile activity and location in a secure way.  In this information age children are being exposed to more danger and parents are less empowered to protect them from harm.  The ability to receive instant notification of a child's whereabouts, if they are not where they are supposed to be, could make all the difference in their safety.  We are confident that there is a significant market for these controls. We anticipate sales from this rollout will have a noticeable impact on our performance this quarter.  We look forward to the start of pre-sales in the coming weeks as we continue to add new and exciting features to help parents get ahead of the curve in mobile monitoring."

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:  Beverly Jedynak, President, Martin E. Janis & Company, Inc., 312-943-1123, [email protected]

SOURCE Spare Backup, Inc.

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