Spare Backup Contracting With Lifestyle Services Group

Spare Backup Inc., provider of backup and security software for smartphones, tablets and PCs, which is carrier and manufacturer agnostic, has commenced a mobile products launch with a second major UK financial institution.

The contract for services to UKF is covered under its master services agreement with Lifestyle Services Group Ltd.

As part of the launch, certain Spare Backup mobile services, including 2GB of storage will be incorporated into new and existing Packaged Account contracts for their retail banking customers throughout the UK, at no additional charge to the customer. Spare Backup will receive monthly recurring revenue for every customer activation.

Commenting on the launch Cery Perle, CEO of Spare Backup, states: "We are excited to begin this second launch with another major financial services organization, validating not only our software with security features but our business model in the U.K. with Lifestyle Services Group. By further entrenching our footprint in the UK with Lifestyle as our partner, we have the foundation for building a continuous and profitable multi-million dollar revenue stream."

Andy Morris, business development director at Lifestyle Services Group, also commented: "Making data-backup and security software available to customers alongside mobile phone insurance is a key part of our mission to help people protect their mobile lives and we are excited to begin this second launch with Spare Backup as our partner."

Lifestyle Services Group is the biggest single provider of packaged account products and bespoke services to the retail banking sector and manages the largest number of mobile phone insurance customers in the UK on behalf of its clients. It partners UK High Street banks and mobile networks assisting over 8.6 million of their customers.

Products managed by Lifestyle Services Group include mobile phone insurance, gadget insurance, mobile data backup and security products. Services provided include brokering, underwriting, fraud investigation, supply chain management and customer administration.

Established in 2005, Lifestyle Services Group has over 1,200 employees in the UK and operations in Europe. It is part of the multi-billion pound 4u Group including Phones 4u, Dial-a-Phone.