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UK Retail Mobile Device Chain Launches Mobile Backup and Security Software

From Spare Backup

Spare Backup, Inc. announced that its mobile data
backup and security service is launching with one of the largest
mobile device retail chains in the U.K.


Spare Backup software, and cloud data protection service, along with its
enhanced mobile security tools, is incorporated in all mobile warranty programs
for ‘smart phones’ offered by the UK Chain.

Spare Backup will receive revenue
for each customer who registers their device under the warranty program, as
well as, any purchases of additional monthly storage capacity. Each mobile
customer will receive 2GB of data storage for their mobile device as part of
the warranty program. Customers that wish to add more devices or more capacity
can sign up for a number of additional capacity offerings available for an
additional monthly fee.

Management expects that the average number of new warranty customers
will range between 65,000 and 100,000 per month
. Customer activation can be
done by phone or online. Once activated, they can take advantage of backing up
contacts, calendars, photos and other media content, as well as, having the
ability to remotely locate their phone, lock it or even erase data. Management
sees this launch as a milestone for the company as it begins a series of
near term launches with new U.S. and European partners in the mobile warranty and
insurance space.

Commenting on the launch Cery Perle, CEO of Spare Backup, stated:
"We are very excited to begin this
new launch that further validates our position as the largest private label
mobile security and data backup software provider. We have been tirelessly
working toward this launch with the U.K chain and believe this agreement and
launch initiates a significant ramp in revenue for Spare Backup. The warranty
space is a perfect fit for our product as it helps both the customer and
provider mitigate risk. We are confident that we have the right tools to become
the dominant player in the mobile security and data backup market. With this
launch and the other launches planned over the next 30 to 45 days we will see a
dramatic positive shift in our cash flow in the coming months and quarters.
"

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