Newport International Group's Spare Backup Subsidiary in Agreement to Offer Additional Services to Its Channel Partners and Data Services Customers.PALM DESERT, Calif. -- Newport International Group (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :NWPO NWPO Nevada Nuclear Waste Project Office (state office) ) announced today the signing of a memorandum of understanding A Memorandum of Understanding (MoU) is a legal document describing a bilateral or multilateral agreement between parties. It expresses a convergence of will between the parties, indicating an intended common line of action and may not imply a legal commitment. with VSUS Technologies Inc. (OTCBB:VSUS) whereby its Spare Backup subsidiary will bundle VSUS "MyOneScreen" Web application into its Spare Backup line Backup line A commercial paper issuer's bank line of credit covering maturing notes if, for some reason, selling new notes to cover the maturing notes is not possible. of products. "MyOneScreen," currently being developed by Scientigo Inc., will allow users to obtain information contained on most major Web sites, such as weather, sports, and news without having to skip from site to site. In addition, "MyOneScreen," when completed, will contain a patented search engine allowing the user to shop online and obtain the best prices available at the time, as well as, consumer opinions on products being offered in real time. It is anticipated that "MyOneScreen" will be available within the next 90 days. Commenting on this event, Cery Perle, CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of Newport International Group Inc., stated: "As a data storage solutions provider, we are constantly looking for Looking for In the context of general equities, this describing a buy interest in which a dealer is asked to offer stock, often involving a capital commitment. Antithesis of in touch with. ways to enhance the overall experience of our customers. This product will allow customers to make unique searches and comparisons through a sophisticated proprietary technology. It will also enable Spare to add additional revenue streams from its customer base who elect to use this and other planned service offerings. Our company is aggressively seeking additional services to migrate through our sales channel that will enhance the overall experience of our data services customers." The Spare Backup Solution Spare is a fully automated remote backup solution. It starts by scanning a user's hard drive, including the desktop and e-mail programs, for files and the application components necessary to produce an exact replica of the original. Then it transports the data, including new and revised files, daily to twin data centers on both U.S. coasts. Files are triple-encrypted and users can access them from any broadband, Web-connected computer anywhere. For more information and a free 14-day trial visit http://www.sparebackup.com. About VSUS Inc. VSUS is currently developing "MyOneScreen," a unique desktop Internet application for use over the Internet, as well as developing new applications, as licensee, of the patented FIRST real-time search technology, for both businesses and consumers. About Spare Backup Inc. Spare Backup Inc., a subsidiary of Newport International Group, is the developer of Spare Backup service, the first online backup Using the Web to store copies of data for backup. There are numerous providers on the Internet that charge for storage, and fees are typically based on capacity. Online backup services provide offsite backup, which is essential for disaster recovery. See backup types. service specifically designed for small business and home business users. About Newport International Group Inc. Newport International Group (OTCBB:NWPO) is dedicated to leveling the digital playing field for small- and medium-sized companies. Its two subsidiaries provide digital tools and services that are as powerful as those available to large enterprises, but are designed and developed so that technical skills aren't needed to use or manage them. The company has headquarters in Palm Desert with technology development in Phoenix. More information is available at http://www.nwpo.biz. Safe Harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. Statement: The Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and 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 forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. . Such statements made by the company are based on knowledge of the environment in which it operates, but because of the factors previously listed, as well as other factors beyond the control of the company, actual results may differ materially from the expectations expressed in the forward-looking statements. |
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