Dallas, Texas (December 29, 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 the completion of its full migration to an HTML based platform for its distribution partners. Spare Backup has now completed the architecture for HTML4/CSS3 embedded websites that are fully integrated with its recently installed .NET/SQL Server backend server solution to fully supporting modern browsers and mobile devices. All sites can now enable a full touchscreen interface to support all tablet and mobile device applications including Android, Blackberry, Windows and Apple. The Company closed on December 28, 2011, at $0.63, trading in a fifty-two week range of $0.165 – 0.042.
The completion of this HTML migration will enable its distribution partners to begin a large scale progressive launch of Spare Backup’s suite of mobile security, parental controls and data backup solutions scheduled to begin now. Coupled with the completion of its Net/SQL server upgrade, the deployment of a new NetApp high-speed redundant storage array, Spare Backup has increased its performance capabilities by several orders of magnitude with cross device and operating system functionality to support millions of users. Additionally, HTML will enable quicker launch schedules for new sites in the future as well as faster upgrading and maintenance.
“While the completion of this HTML migration was more complicated than originally anticipated, we are pleased to have finally set the stage for the many launches we have scheduled in the mobile and tablet space in Europe and North America beginning this week and into 2012,” said Cery Perle, President and CEO of Spare Backup. “Along with our new server platform we have upgraded our capability to support the millions of potential users covered in the territories of our distribution partners across all major devices and operating systems in a fast and efficient manner. Additionally, through this migration we can now react on the fly to update and customize any site and integrate any updates across our whole system to provide the best possible user experience. We now look forward to the large scale launch of our parental controls and various software offerings as we seek to rapidly grow our business throughout 2012.”
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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