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Spare Backup to Open Turkish Market for Mobile Backup, Security and Parental Controls

May 01, 2012 (07:05 PM EDT)
URL: http://www.techweb.com/show-press-release/X901608/spare-backup-to-open-turkish-market-for-mobile-backup-security-and-parental-controls.html

Targeting Major Warrantee and Insurance Providers as well as Large Mobile Telco's Servicing More Than 60 Million Turkish Mobile Phone Customers

MINDEN, Nev., May 1, 2012 /PRNewswire/ -- Spare Backup, Inc. (OTCBB: SPBU), a carrier and manufacturer agnostic provider of data backup and security software for smartphones, tablets and PCs, announced today that it has expanded the territory of one of its major European distribution partners to include the country of Turkey. Spare Backup and its partner have targeted major warrantee and insurance providers as well as large mobile telecommunications companies servicing the more than 60 million mobile customers in Turkey.

Mobile usage in Turkey is now widespread and still growing. Mobile phone subscribers increased to more than 60 million in 2011, including about 20 million 3G subscribers. As the mobile revolution in that country continues, the overall mobile penetration rate is estimated to reach 95 percent in 2013, with the biggest gains expected to be in smartphones. The high consumption levels indicated by these statistics have gained Turkey significant international attention in the past few years. 

Spare Backup is working with its distribution partner to swiftly solidify relationships with the largest service providers in this segment to enable them to offer Spare's mobile backup, security and parental controls to their respective mobile customers through various product offerings beginning as early as the third quarter of 2012.

Cery Perle, CEO of Spare Backup, said, "As we expand our global footprint, which includes a progressive rollout of partner product launches in North America and Europe, it is important for us to also develop strategic relationships in emerging mobile markets. Turkey is a country where Internet and mobile use is exploding and we intend to capitalize on this growth through partnerships with key mobile service providers to gain an early foothold and become the leading provider of mobile backup and security services in Turkey."

About Spare Backup, Inc.

Spare Backup, Inc. (http://sparebackup.com/) 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   kevin@nuwagroup.com

SOURCE Spare Backup, Inc.