MINDEN, Nev. - July 9, 2012 (Investorideas.com Newswire) Tech stock news: Spare Backup Inc. (OTCBB: SPBU), a provider of data backup and security software for smartphones, tablets and PCs, which is carrier and manufacturer agnostic, today announced that it plans to launch Spare's mobile security and data backup services with a second financial services group in Europe as part of the master services agreement with our largest European distribution partner. Spare mobile services will be incorporated as part of various insurance and warranty packages offered by the financial services group.
Initial data from our first launch in North America indicate a
customer take rate of approximately 30% on offerings incorporating Spare
Mobile services. Management anticipates similar results for other
scheduled launches in Europe and North America as Spare Backup continues
an aggressive deployment phase with its current partners.
"We are excited to launch our Spare Mobile offerings with a second
financial services industry partner as we begin to see some early sales
data that supports our efforts in the warranty and mobile insurance
space," commented Cery Perle, CEO of Spare Backup. "Through our private
labeled websites we can support multiple launches in a very quick time
frame and we intend to diligently work with our partners in North
America and other parts of the world to rapidly grow our customer base.
We believe we are in the right place at the right time in the mobile
space to quickly gain traction and support a very large recurring
revenue base for our company to fuel our future growth."
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.
Kevin Fickle, President
NUWA Group, LLC
Published at Investorideas.com
Disclaimer/ Disclosure : The Investorideas.com is a third party
publisher of news and research Our sites do not make recommendations,
but offer information portals to research news, articles, stock lists
and recent research. Nothing on our sites should be construed as an
offer or solicitation to buy or sell products or securities. This site
is currently compensated by featured companies, news submissions and
online advertising. Disclosure: A third party on behalf of SPBU
compensated Investorideas.com for news release publishing and
distribution: three thousand five hundred per month and four hundred
thousand 144 shares for a six month period
BC Residents and Investor Disclaimer: Effective September 15
2008 - all BC investors should review all OTC and Pink sheet listed
companies for adherence in new disclosure filings and filing appropriate
documents with Sedar. Read for more info: http://www.bcsc.bc.ca/release.aspx?id=6894