Spare Backup's Senior Management Visits Europe to Enhance Relationships With Current and Prospective Partners
Firm looks to create higher grossing revenue models and expand into new channels
PALM DESERT, Calif., July 7 /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 its senior management is visiting Europe to strengthen its existing partnerships by creating higher grossing revenue models and exploring new lines of business, including data and analytics. Additionally, Spare Backup is working to expand into new channels and bring on new partners.
Stephen Meyer was brought in to evaluate current partnerships, and lend expertise in creating higher grossing revenue models. Mr. Meyer's activities focus around increasing revenue, developing new product lines, including data and analytics, and extending Spare Backup's reach into additional channels. Furthermore, Mr. Meyer is working with Cery Perle to increase the performance and results with existing partners.
Together Spare Backup and its partners are creating cloud strategies and technologies that can produce revenue without requiring additional capital expenditures.
Cery Perle, CEO at Spare Backup, Inc., commented, "Europe is ready to embrace the cloud. Spare Backup is engaged in helping its partners to be successful and achieve broad usage of its cloud based storage, data and content management technology. What is attractive for Spare over here is that there are major distribution channels and partners that all need to make money, and we have the right technology, that comprises the right offering at the right time. Additionally, Stephen is helping to build these models, drive adoption and create new product sets that position Spare Backup to be very successful in the future."
Commenting on his experience working with Spare Backup in Europe, Stephen Meyer stated, "Europe represents another very rich and deep vein to mine for Spare Backup. We have great partners over here and we are working closely with them to extend their use of our technology and to assist them in increasing user adoption rates. Partners that we have met with over here understand and are excited about the role of the cloud in meeting consumer and small and medium sized business (SMB) data and content management needs. Our partners are focused and recognize the ability of Spare Backup's technology to drive high margin, new annuity based revenue. We see data and analytics as an important element in our product offerings going forward which can really benefit our partners and enhance their knowledge of their customers."
For additional information, visit http://www.sparebackup.com. For investor relations, please contact our investor relations department at 760-779-0251 Ext. 224 or [email protected].
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.
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SOURCE Spare Backup, Inc.
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