Spare Backup, Inc. to Add Third Data Center as It Boosts Capacity for Expected Ramp in Customer Demand.New Center Added in New Jersey to Support Spare Backup's Suite of Software Applications Which Have Been Contracted by Leading Computer Manufacturers and Marketers PALM DESERT, Calif. -- Spare Backup, Inc. (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :SPBU) announced today that it is opening a new data center in New Jersey as it continues to increase customer capacity in expectation of a significant ramp up Ramp Up To increase a company's operations in anticipation of increased demand. Notes: A company might 'ramp up' operations if they just signed a contract creating substantially more demand for their product. See also: Demand, Economies of Scale in customer demand for its computer backup suite of products. Management anticipates that its latest marketing agreements of various size and scope with leading computer manufacturers and marketers as reported in various 8k filings along with its recently announced agreement with Dixons, the leading U.K. electronics retailer, will result in a substantial surge in customer subscriptions sign ups for Spare Backup's backup services. Management believes that product offerings, including opt out programs, imaged icons, and bundled service agreements, will be delivered to millions of potential customers through various distribution channels through the remainder of 2007 and beyond. Management further anticipates that a significant percentage of those customers who initially sign up for the service will remain customers through either monthly or annual subscription programs. Commenting on this expansion, Cery Perle, President and 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 Spare Backup, Inc., stated: "Due to the recent number of agreements with marquee business partners, coupled with contracts already in place, we have expanded our reach geometrically. As a result, we are expanding our capacity to deal with the potential rapid influx of customers that these partnerships can provide to Spare Backup. We at Spare are dedicated to providing flawless, scalable data migration and backup services to our customers and this step will go a long way to help keep us ahead of the curve of the rapid expansion that we anticipate throughout 2007." About Spare Backup, Inc. Spare Backup, Inc. specializes in helping consumers, small office/home office See SOHO. users, and small to mid-sized businesses protect their computer data quickly, automatically and cost-effectively. The company's flagship Spare Backup product is the first totally automated 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 that intelligently selects, secures and stores files without any user intervention, automatically backing up documents, email, music, photos and other PC files on a continuous basis or according to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. the schedule of the user's choice. The company is headquartered in Palm Desert, Calif. 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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