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Carbonite to Increase Functionality with Expanded Consumer Line-up
Sep 20, 2011 (04:09 PM EDT)
BOSTON, Sept. 20, 2011 /PRNewswire/ -- Carbonite Inc. (NASDAQ: CARB), a leading provider of online backup solutions for consumers and small and medium sized businesses, announced plans to offer additional solutions for its consumer customers, which will include new features and expanded functionality.
The new offerings will complement the company's current Carbonite Home solution by including additional features. Carbonite Home Plus will include full system backup, as well as backup and restore features for external hard drives. Carbonite Home Premier will also include automatic online backup for video files, and a recovery-by-mail feature. The new suite of Carbonite Home solutions will be available in the coming months with annual pricing starting at $59 (Home), $99 (Home Plus) and $149 (Home Premier).
Carbonite, Inc. (NASDAQ: CARB), is a leading provider of online backup solutions for consumers and small and medium sized businesses. More than 1.1 million subscribers in over 100 countries rely on Carbonite to provide easy-to-use, affordable, unlimited and secure online backup solutions with anytime, anywhere data access. Carbonite's online backup solution runs on both the Windows and Mac platforms. The company has backed up more than 100 billion files, restored more than 7 billion files and currently backs up more than 200 million files each day. For more information, please visit www.carbonite.com, twitter.com/carbonite, or facebook.com/CarboniteOnlineBackup.
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including without limitation those about the Company's planned new products. These statements involve risks and uncertainties, and the forward-looking events and circumstances discussed in this press release may not occur and actual results could differ materially from those anticipated or implied in the forward-looking statements. Risks and uncertainties include, without limitation, our ability to accurately forecast revenue and appropriately plan our expenses and working capital requirements; our ability to generate additional revenue; our ability to retain existing customers and attract new customers; our ability to protect our customers' stored files and adequately address privacy concerns; the impact of actual or threatened litigation, including intellectual property infringement claims, involving us or our industry; the impact of increased competition in our business; interruptions in service and any related impact on our reputation; and our ability to maintain, protect, and enhance our brand. More information on potential factors that could affect the Company's financial results is included in the "Risk Factors" and "Management's Discussion and Analysis of Financial Condition and Results of Operations" sections of the Company's registration statement on Form S-1 declared effective by the Securities and Exchange Commission on August 10, 2011. Forward-looking statements speak only as of the date of this press release, and we undertake no obligation to update forward-looking statements to reflect events or circumstances occurring after the date of this press release.
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SOURCE Carbonite, Inc.