CORRECTING and REPLACING Spare Backup Inc. and Wirefly Together Launching Premium Offering

Mobile Backup PRO to offer customers additional features on monthly subscription model

CORRECTION...by Spare Backup, Inc.

PALM DESERT, Calif.--()--Please note revised boilerplates for Spare Backup Inc. and Wirefly.

“We are excited to expand this relationship and provide our cutting edge digital services as a complement to Wirefly’s cell phone and wireless services”

The corrected release reads:

SPARE BACKUP INC. AND WIREFLY TOGETHER LAUNCHING PREMIUM OFFERING

Mobile Backup PRO to offer customers additional features on monthly subscription model

Spare Backup, Inc. (OTCBB: SPBU) today announced the expansion of its relationship with Wirefly, the Internet’s leading authorized retailer of cell phones and cell phone plans with the launch of Wirefly Mobile Backup PRO, a premium product providing monthly subscribers an enhanced suite of security and protection features.

Following the success of Wirefly Mobile Backup, a free basic service introduced to Wirefly customers in November 2010, Spare Backup, Inc. and Wirefly have rolled out a new premium product available on either a month-to-month or annual subscription after a 30 day trial subscription.

Under the terms of the agreement Spare Backup will provide Wirefly with advanced technology to provide multiple layers of security features to users subscribing to the PRO service. Mobile Backup PRO customers will have unlimited access to five advanced features allowing customers the ability to lock, display alert messages, sound an alarm, use GPS location and erase data from their phone using any computer connected to the internet worldwide. The service works on iPhone, BlackBerry and Android-powered smartphones and across all major US wireless carriers.

Customers can try Mobile Backup PRO by registering with a credit card. After evaluating the features of the product on trial basis, customers can cancel their subscription or choose to be automatically enrolled in the monthly subscription service.

“We are excited to expand this relationship and provide our cutting edge digital services as a complement to Wirefly’s cell phone and wireless services," stated Cery Perle, CEO of Spare Backup. “Tens of thousands of Wirefly customers are already using the basic version of Mobile Backup, and we expect these customers will take advantage of the new features offered in the PRO version. Additionally, we believe introducing new customers to the mobile security capabilities of our product through a trial offer is great way to expand its reach.”

The services provided will be available for all Wirefly customers and Wirefly will market the services to its customers through various promotional offers as well as by bundling the services into future programs.

To sign up for Wirefly Mobile Backup or the PRO version, simply visit www.wirefly.com and click on ‘Do More with Your Phone’.

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 recently launched a suite of cloud computing products along with its new mobile platforms and security products. The company is headquartered in Palm Desert, California.

About Wirefly

Wirefly.com is America’s trusted source for cell phones and wireless service plans. Owned and operated by Simplexity, Wirefly.com is the Internet’s #1 authorized dealer for the top cellular carriers in the U.S. Wirefly.com offers discounts and services not available in retail wireless stores including a better selection of the latest cell phones, greater savings, straightforward pricing with no rebates, and fast, free shipping with free returns on devices from HTC, Motorola, Nokia, Samsung, LG, BlackBerry and many other cell phone handset manufacturers. Wirefly.com has been named “Best of the Web” by Forbes magazine and “Best in Overall Customer Experience” by Keynote Performance Systems. For more information on Wirefly’s products and services, visit http://www.wirefly.com. Shopping from a web-enabled cell phone? Wirefly’s mobile-optimized website, mobile.wirefly.com allows consumers to quickly and easily explore its extensive catalog of cell phones and receive unbiased information from any web-enabled cell phone, regardless of operating system. With Wirefly Mobile, visitors can shop and compare phones and pricing by manufacturer, carrier or rate plan while on the go.

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.

Forward-Looking Statements

Statements in this press release that are not strictly historical in nature, including future performance, management's expectations, beliefs, intentions, estimates or projections, constitute "forward-looking statements." Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the Company's actual results to be materially different from historical results or from any results expressed or implied by such forward-looking statements. Some can be identified by the use of words (and their derivations) such as "need," "possibility," "offer," "development," "if," "negotiate," "when," "begun," "believe," "achieve," "will," "estimate," "expect," "maintain," "plan," and "continue," or the negative of these words. Factors that could cause or contribute to such differences include, but are not limited to, the risk the Company's products are not adopted or viewed favorably by the healthcare community; risks related to the current uncertainty and instability in financial and lending markets, including global economic uncertainties; variations in our quarterly operating results; product integration in physician practices and hospitals; timing and volume of sales and installations; length of sales cycles and the installation process; market acceptance of new product introductions; ability to establish and maintain strategic relationships; ability to identify and integrate acquisitions; relationships with licensees; competitive product offerings and promotions; changes in government laws and regulations and future changes in tax legislation and initiatives in the healthcare industry; undetected errors in our products; possibility of interruption at our data centers; risks related to third party vendors; risks related to obtaining and integrating third-party licensed technology; acceptance of the Company's marketing and promotional campaigns; risks related to a security breach by third parties; maintaining, developing and defending our intellectual property rights including those pertaining to our biotechnology assets; risks associated with recruitment and retention of key personnel; uncertainties associated with doing business internationally across borders and territories; and additional risks discussed in the Company's filings with the Securities and Exchange Commission. Additionally, we are a developing early-stage company and many variables can affect revenues and/or projections, including factors out of our control. The Company is providing this information as of the date of this release and, except as required by law, does not undertake any obligation to update any forward-looking statements contained in this release as a result of new information, future events or otherwise.

Contacts

KCSA Strategic Communications
Todd Fromer / Rob Fink
212-896-1215 / 212-896-1206
sparebackup@kcsa.com