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Spare Backup to be Bundled in Popular Anti-Virus Software at Major U.K. Electronics Retail Chain
Sep 29, 2009 (02:09 PM EDT)


PALM DESERT, Calif., Sept. 29 /PRNewswire-FirstCall/ -- Spare Backup, Inc. today announced that it has entered into a memorandum of understanding ("MOU") to have its data backup and cloud computing services bundled in a popular anti-virus software package offered by a major U.K electronics retailer throughout its chain of stores.

The MOU, referenced in an 8K filing by Spare Backup, Inc. ("Spare Backup") on September 24, 2009, provides for the terms under which Spare Backup will receive a payment for each anti-virus product sold by the U.K. retailer containing the Spare Backup bundle. All parties will operate under the MOU until such time as a definitive agreement is reached which is anticipated to be completed within 45 days of September 23, 2009.

"We are excited to be working with two exceptional partners in combination to unveil this all encompassing product. Together we are providing a solution to anti-virus and remote backup, combined in one offering. This additional distribution channel shall help add customers to our already growing customer base, eventually enabling our subscribers to reach out to all of our other offerings, including our newly launched consumer 'cloud.' It truly is the best of all worlds and we are committed to moving forward with this partnership," stated Cery Perle, CEO of Spare Backup.

For additional information, visit ir@sparebackup.com. For investor relations, please contact our investor relations department at 760-779-0251 Ext. 224 or .

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.

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.

SOURCE Spare Backup, Inc.

CONTACT: Spare Backup, Inc., investor relations, +1-760-779-0251, ext. ir@sparebackup.com224,

Web site: http://www.sparebackup.com/