Spare Backup Begins First Phase of Cloud Data Backup Launch with Major PC Manufacturer

MINDEN, Nev., May 24, 2012 /PRNewswire/ -- Spare Backup, Inc. ("Spare Backup") (OTCBB: SPBU), a provider of data backup and security software for smartphones, tablets and PCs, which is carrier and manufacturer agnostic, today announced that its data backup service has been officially launched with Sony Electronics, Inc. ("SEI") as part of their agreement referenced in Spare Backup's March 13, 2012 Form 8-K filing with the Securities and Exchange Commission.

Spare Backup software and cloud data protection service will now be included in SEI's bundled extended service offering to all purchasers of PCs, laptops and tablets.  The bundled extended service plans will also include internet security, recovery discs, PC customization and orientation, photo book creation, and DVD conversion.  Spare Backup will receive revenue for each customer who purchases the extended plan as well as additional monthly revenue for added storage capacity and service renewals.  It is anticipated that mobile security and parental controls will also be incorporated into service offerings powered by Spare Backup in the near future as contemplated in the above referenced agreement.

Commenting on the launch, Cery Perle, CEO of Spare Backup, stated, "We have spent an extensive amount of time and effort to position our company for a series of product launches with a number of our distribution partners.  In that time we have greatly enhanced the capability of our software to incorporate mobile security and parental controls with our data backup to create a truly integrated cloud-like platform for users of numerous devices.  We anticipate this important launch as well as a number of additional mobile launches in North America and Europe will be a turning point for Spare Backup as we begin to reap financial rewards for our effort and rapidly grow our revenue base."

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

Investor Contact:
Kevin Fickle, President
NUWA Group, LLC
415.525.8275
[email protected]

SOURCE Spare Backup, Inc.

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