Replies to post #2074 on Spare Backup, Inc. (fka SPBU)

[LOL]

LOL, you mention old dates then give me a PR from 2009, color me puzzled. Do some DD on Newbay, they are an Ireland company, Telefonica has services in Ireland.

Here's the service map from O2
http://o2.asymmetry.co.uk/
looks like the UK, once again, the deal between Assurant and Telefonica is for Latin America, not sure how else to explain it:

Telefónica, the world’s third-largest wireless carrier, signed an exclusive, multi-year contract with Assurant Solutions, a business of Assurant, Inc., to provide device protection programs for prepaid and postpaid wireless communication customers in a phased implementation to eleven countries throughout Latin America. This agreement will enable the offer of extended device protection services to more than 80 million Telefónica customers.

http://www.assurantsolutions.com/news/news_02142011.html

Now surely you don't think Assurant is fake? $2.87 Billion market cap
http://finance.yahoo.com/q?s=aiz&ql=1

[LOL]

I think you may have missed this from the last 10K. The rollout is happening right now for SPBU

Software Development


Our decision to expand the scope of our cloud-based platform into mobile backup and security required us to make substantial changes to our software to enhance the scalability and functionality of our services across a wide array of devices and platforms. This expansion delayed our ability to launch a number of important programs in 2011. Our development team continued to test and improve the mobile platform throughout the second half of 2011 and now feel that these changes enable us to complete launches with our marketing partners into 2012.


In the third quarter we began the full migration to an HTML-based platform for our distribution partners. We have begun launching with our marketing partners and anticipate a progressive roll out system-wide by the end of 2012. The sites will enable a full touchscreen interface to support all tablet and mobile device applications including Android, Blackberry, Windows and Apple. HTML will also enable quicker launch schedules for new customers, greater scalability, simplification of server technology, and faster maintenance.


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We also began the upgrade of our hardware in the third quarter of 2011 to a scalable storage platform capable of supporting millions of users for our software products. Through a unique cloud-like structure, this new platform can be infinitely scaled as usage increases by the combined use of additional network storage and virtual machine arrays (VMWARE). Upon completion all user backup data will be stored on state of the art NetAPP SAN storage. User account information and transactional information will be stored in a secure SQL-Server redundant distributed database utilizing special high-speed RAID drives. In addition, our IIS web servers each can support thousands of simultaneous users. Combining this with our new, scalable virtual machine array allows the system to be used by millions of users.


We believe that through our software and hardware improvements we are now better positioned to begin the launches of Assurant, Simplexity, LSG and other potential partners in 2012. The above partnerships represent multiple opportunities, as each of the companies has different distributors and strategic alliances marketing their products. We will continue to enhance our platform nonetheless. We believe the backbone for our service platform has been substantially developed. We have added new features to our existing services that will continue rolling out throughout 2012 that will accelerate revenue from our distribution.