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PALM DESERT, Calif., October 15, 2009 /PRNewswire-FirstCal: Spare Backup today announced that has entered into an agreement with iYogi, the world’s-fastest growing provider of comprehensive direct to consumers and small business remote tech support, to launch a data backup platform to iYogi’s business and retail tech support customers. iYogi has more has more than 90,000 consumer and small business customers across four continents for its annual subscription alone. iYogi also provides thousands of single incident sessions every day on a 24/7 basis. iYogi’s 1000 Global Tech Experts power their Global Delivery Platform along with their proprietary technology. The initial launch is anticipated to reach approximately 100,000 customers before the end of 2009 and expand into 2010.
Under the terms of the agreement, Spare will provide iYogi customers with a platform that will serve as a central web-based interface where a user can backup, store, sync, retrieve and coordinate all their PC data. Both companies plan to eventually roll out a full cloud platform designed to be a personal hub that will provide a robust feature set for the user, while offering an array of complimentary services tailored to each individual’s patterns, uses and needs with a variety of strategic partners. iYogi will market the services to its customer base and incident call sessions through its Global Tech Experts.
Spare Backup is the first totally automated online backup service that intelligently selects, secures and stores files without any user intervention.
"Adding iYogi to our growing list of worldwide distribution partners represents another step forward for Spare. As a fast growing, trusted support network chosen by some of the most well known companies in the world, iYogi is in a unique position to effectively advise customers on the best solutions for protecting and unlocking the potential of valuable PC data.” stated Cery Perle, CEO of Spare Backup. "Starting with data backup and eventually leading to the combination of securely storing a subscriber’s PC and mobile data with the robust cloud services we offer creates the foundation to enable SpareBackup to deliver additional layered services, further increasing the demand and stickiness of our products and enhanced revenue opportunities for us and our business partners. We look forward to providing iYogi with our backup services and will work diligently toward expanding to the relationship to its fullest extent."
”We feel there is a lot of synergy between Spare Backup and iYogi in handling the needs of a huge and growing population of users looking for better solutions to maintain, manage and backup their devices and data,” said Uday Challu, CEO for iYogi. “As an emerging, high growth company with a compelling cloud-based model and a solution that is addressing key requirements to back up files and information, Spare Backup represents an important partner to us in expanding our portfolio of remote support and maintenance tools and services.” For additional information, visit http://www.sparebackup.com. For investor relations, please contact our investor relations department at 760-779-4241 Ext. 224 or ir@sparebackup.com.
ABOUT IYOGI
iYogi is a global on-demand services company that provides personalized computer support for consumers and small businesses in United States, United Kingdom, Canada and Australia. iYogi’s unique model, including proprietary technology iMantra and highly qualified technicians, is designed to eliminate computer-related stress and keep millions of digitally dependent consumers and small businesses always protected and productive. Only iYogi -- with its proven global expertise delivery model, intelligent customer insight systems, easy-to-use self-help tools and automated PC optimization and computer support services – offers users a simple yet comprehensive path to digital serenity. For more information on iYogi and a detailed list of technologies supported, visit: http://www.iyogi.net. For media inquiries contact Derek Kober at 650-433-4233, dkober@globalfluency.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.
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