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Spare Backup Solution to Be Offered for In-Store Installation at Circuit City Locations Nationwide
Monday August 7, 4:03 pm ET
PALM DESERT, Calif.--(BUSINESS WIRE)--Aug. 7, 2006--Newport International Group (OTCBB:NWPO - News) announced today that its Spare Backup Inc. subsidiary and Circuit City Stores Inc. (NYSE:CC - News), a leading specialty retailer of consumer electronics, will offer a free 30-day, no-obligation trial of the online backup service on all new computer purchases starting early this month.
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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 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 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 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, 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 - News) 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 - News) 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 Statement
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 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.
Contact:
Wolfe Axelrod Weinberger for Newport International Group
Robert Schatz, 212-370-4500
rob@wolfeaxelrod.com
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Source: Newport International Group
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