Spare Backup Solution to Be Offered for In-Store Installation at Circuit City Locations Nationwide.PALM DESERT, Calif. -- Newport International Group (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :NWPO NWPO Nevada Nuclear Waste Project Office (state office) ) announced today that its Spare Backup Inc. subsidiary and Circuit City Stores Inc. (NYSE NYSE See: New York Stock Exchange :CC), a leading specialty retailer of consumer electronics, will offer a free 30-day, no-obligation trial of the 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 on all new computer purchases starting early this month. Through automatic daily backups, the service provides comprehensive protection of the customer's data, photo and music files. Circuit City's PC services team will install the service at the store. After the free 30-day trial, the customer will have the option to continue with the online backup service for as little as $4.99 per month for unlimited backup, subject to the terms and conditions on the Spare Backup Web site and in the end-user agreement. Spare Backup will receive a monthly recurring revenue stream from customers who subscribe to Verb 1. subscribe to - receive or obtain regularly; "We take the Times every day" subscribe, take buy, purchase - obtain by purchase; acquire by means of a financial transaction; "The family purchased a new car"; "The conglomerate acquired a new company"; the service on an ongoing basis. "Many people don't bother to back up the data on their PC because it takes time and effort, and that puts them at substantial risk for data loss. Our Spare Backup solution removes the pain," said 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 Spare Backup Inc. "This agreement with Circuit City not only gives PC owners an option to try before they buy, but it also provides a new and highly visible marketing channel for the service. This is a significant development in our efforts to increase market penetration Noun 1. market penetration - the extent to which a product is recognized and bought by customers in a particular market penetration - the act of entering into or through something; "the penetration of upper management by women" and demonstrate the value of our service to potential long-term customers." Spare Backup is a fully automated remote backup solution. It starts by scanning the user's hard drive, including the desktop and e-mail programs Software in the user's computer that can access the mail servers in a local or remote network. Also known as an "e-mail client," "mail client," "mail program," and "mail reader," it provides the ability to send and receive e-mail messages and file attachments. , for files and application components necessary to produce an exact replica of the original. Then it transports the data daily, including new and revised files, to twin data centers on both U.S. coasts. Files are triple-encrypted and can be accessed from any broadband, Web-connected computer anywhere. For more information and a free trial, visit http://www.sparebackup.com. About Circuit City Circuit City Stores Inc. (NYSE:CC) is a leading specialty retailer of consumer electronics. The domestic segment operates through 630 Superstores and five other locations in 158 U.S. markets. The international segment operates through more than 950 retail stores and dealer outlets in Canada. Circuit City also operates Web sites at http://www.circuitcity.com and at http://www.thesource.ca. About Spare Backup Inc. Spare Backup Inc., a subsidiary of Newport International Group, is the developer of Spare Backup service, the first online backup service specifically designed for small business and home business users. For more information visit www.sparebackup.com. 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 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. 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 Safe Harbor 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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