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Spare Backup Enters into Web Hosting and Services Fee Agreements with Key Distribution Partners
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Spare Backup (OTCBB:SPBU)
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Today : Wednesday 6 June 2012
Spare Backup Enters into Web Hosting and Services Fee Agreements with Key Distribution Partners Management sees web services revenue of $1 million over the next twelve months as more hosted sites come on line from its current launch schedule
PR Newswire
MINDEN, Nev., June 5, 2012
MINDEN, Nev., June 5, 2012 /PRNewswire/ -- Spare Backup Inc. ("Spare Backup") (OTCBB: SPBU), a provider of data backup and security software for smartphones, tablets and PCs, which is carrier and manufacturer agnostic, today announced that it has entered into agreements with a number of its key distribution partners to provide web hosting and web services related to its mobile data backup and security services launches in Europe and North America.
"As our current launches in Europe and North America gain traction, web hosting and servicing offer us a significant additional revenue stream," commented Cery Perle, CEO of Spare Backup. "We provide a full range of integrated reporting services for our partners, that include customer sign-ups, backup analytics, and monthly billing analysis. We are confident that this new revenue source combined with current and future distribution partners will move us more rapidly to profitability."
Spare Backup hosted websites are seamlessly integrated into the distributor's back-end to provide customers with full real-time access to all of the data, security, and parental control features entitled under services contracts offered by the distributor. Management sees monthly web hosting and services revenue totaling approximately $1 million in the next twelve months as it rolls out additional sites and reaches similar agreements with other new distribution partners. Management also sees the recent launches with its U.K. partner's and Simplexity as well as additional scheduled launches leading to significant increases in its customer base in the coming quarters, further fueling revenue growth.
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