Spare Backup, Inc. and Cydcor Enter Into Marketing and Distribution Agreement

Wed Feb 4, 2009 6:00am EST
 
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Cydcor to market Spare Backup's backup services via its network of over 3,000
direct sales professionals

PALM DESERT, Calif., Feb. 4 /PRNewswire-FirstCall/ -- Spare Backup, Inc. (OTC
Bulletin Board: SPBU), an industry-leading provider of automated, online
backup applications for home users and small businesses, announced today that
it has reached an agreement with privately held Cydcor whereby Cydcor will
market Spare Backup's line of backup services for consumers and small
businesses throughout its business to business direct sales network.

Cydcor is a market leader in outsourced direct sales with over 3,000 direct
sales professionals servicing hundreds of thousands of business clients in
North America, with capabilities and an approach to doing business that is
truly unique.  Cydcor sales professionals made over 30 million direct
in-person sales calls in 2008.  Their top-tier clients represent some of the
world's most recognized brands, covering many different industries, including
telecommunications, cable, internet, office products, merchant services and
energy.  Cydcor focuses on achieving success in meeting its clients' customer
acquisition goals, making Cydcor a win-win situation for clients and employees
alike.

Under the terms of the agreement Cydcor will offer Spare Backup's business
data storage solutions to its network of business clients.  Both companies
will share in the revenue derived from sales on a monthly or annual
subscription basis.

"Spare Backup, Inc. is excited to work with Cydcor as they are a dynamic and
growing operation servicing the needs of their business clients," said Cery
Perle, Spare Backup's CEO.  "Through their direct outsourced sales efforts,
Cydcor sales professionals personally touch millions of potential business
customers on an annual basis which makes them a natural fit for our company. 
Their 'face to face' approach to business marketing consistently leads to
higher closing ratios as representatives assess client needs and explain
solutions.  We are confident that their long list of clients and expansive
sales network will yield strong sales results for both organizations as we
launch this effort."

"Cydcor is thrilled to have Spare Backup as a partner.  They have a very
competitive product offering that will appeal to both consumers and the
small-to-medium business market.  We are excited to leverage our sales network
to help Spare Backup reach these customers and execute their strategy in North
America," added Jim Siegrist, Senior Vice President of Business Development
for Cydcor.

Spare Backup is the only company to offer true PC archiving, retaining content
until the client deletes the information from the Spare Backup copy, not just
the PC copy.  Additionally, Spare Backup's controlled specialized customer key
process allows for the tightest security protection of client content in the
industry.  Also, customers can rest assured that their content is protected in
one of the several Spare Backup "state-of-the-art" Tier-3 data centers. 
Additional information on Spare Backup is available at
http://www.sparebackup.com.

For additional information, visit http://www.sparebackup.com.  For investor
relations, please contact our investor relations department at, 760 779 0251
or ir@sparebackup.com.

About Spare Backup, Inc.:

Spare Backup, Inc. specializes in helping consumers, small office/home office
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 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 the schedule of the user's choice.  The
company is headquartered in Palm Desert, California.

Safe Harbor Statement: 

The Private Securities Litigation Reform Act 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.  Such statements made by the
company are based on knowledge of the environment in which it operates, but
because of the possibility of unknown factors, as well as other factors beyond
the control of the company, actual results may differ materially from the
expectations expressed in the forward-looking statement.  An investment in our
common stock involves a significant degree of risk.  You should not invest in
our common stock unless you can afford to lose your entire investment.  You
should consider carefully all risk factors and other information in our annual
report and quarterly filings before deciding to invest in our common stock. 
If any of the following risks and uncertainties develops into actual events,
our business, financial condition or results of operations could be materially
adversely affected and you could lose your entire investment in our company.


SOURCE  Spare Backup, Inc.

Spare Backup, Inc. Investor Relations Department,
+1-760-779-0251,ir@sparebackup.com

 

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