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Cable Technology Feature Article

December 22, 2009

Spare Backup Signs Definitive Agreement with Saveology.com

By Anil Sharma, TMCnet Contributor

Spare Backup, Inc. has signed a definitive agreement with Saveology.com to provide data backup storage and a customized cloud portal for Saveology's rapidly growing customer base.  

Saveology is a comparison shopping destination focused on a vast array of home services, including cable, satellite television, Internet, telecommunications, home security and warranties.  

“We are delighted to team up with Saveology in what we both believe will be a very lucrative and synergistic partnership,” Cery Perle, CEO of Spare Backup, said in a statement.  “Spare's data backup will offer the highest level of data integrity and security for Saveology subscribers along with a cloud portal that will greatly enhance their overall subscriber experience leading to increased utilization of the Saveology website, and the whole host of consumer services they provide.”

Perle said that additionally, the opt-out model for delivering this service should result in much higher retention rates as subscribers reach the first payment tier of over two gigabytes.  

“Our historical opt-out retention has been above 50% and we look forward to providing our services to Saveology's millions of subscribers.  Both parties have agreed to share revenue on a confidential basis,” he added.

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 claims that its 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.

Benny Aboud, CEO of Saveology.com said that the company is thrilled to be able to offer Spare Backup's solution as part of Saveology.com platform.  

“In an increasingly changing online world, this offering will provide our subscribers with an invaluable security and storage product for their everyday computing needs,” Aboud said.

Anil Sharma is a contributing editor for TMCnet. To read more of Anil’s articles, please visit his columnist page.

Edited by Kelly McGuire