Dallas, Texas (September 1, 2011) – StockGuru Shines its Spotlight on Spare Backup, Inc. (OTCBB: SPBU), a provider of data backup and security software for smartphones, tablets and PCs, which is carrier and manufacturer agnostic. The Company announced yesterday that Wirefly.comexpects to begin including the features of Wirefly Mobile Backup PRO in its device protection service for eligible smartphones in September. The Company closed on August 31, 2011, at $0.129, trading in a fifty-two week range of $0.17 – 0.042.
As previously announced, Spare Backup and Simplexity, the owner of the website Wirefly.com, the nation’s leading authorized online retailer of cell phones and wireless services, signed a definitive three year agreement whereby they will launch a number of privately-branded cloud-based digital platform services, including Wirefly Mobile Backup and Wirefly Mobile Backup PRO.
Wirefly offers a worry-free device protection service that provides for the repair or replacement of a customer’s smartphone with no deductable if it is stolen or damaged. The addition of Wirefly Mobile Backup PRO in its device protection service takes that a step further with additional layers of protection all included in one low monthly fee. From the moment Wirefly Mobile Backup PRO is activated, a customer will have unlimited backup space to automatically store their contacts, photos, music, and calendar as well as find a missing device using GPS technology. Should the device be unrecoverable, a Wirefly Mobile Backup PRO customer can remotely erase personal information and easily restore their backed up data to their new device.
“Over the past several months our software has been extensively tested on just about every smartphone sold in the U.S. as we prepared for the beginning of this Wirefly launch,” said Cery Perle, President and CEO of Spare Backup. “Because Wirefly sells smartphones from a wide variety of manufacturers and carriers, it was imperative that our software seamlessly works across different OEMs and service providers. We are pleased to have successfully completed the testing phase with Wirefly and are excited to have our software included in their launch for select smartphones beginning in September. We look forward to building our relationship with Simplexity as we seek to become a driving force in mobile backup and security in the North American market.”
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 warrantee 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.
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