18 Sep 2008

September 18, 2008

PALM DESERT, Calif., Sept. 18 /PRNewswire-FirstCall/ — Spare Backup, Inc., (OTC Bulletin Board: SPBU) an industry leading provider of automated, online backup applications for home users and small businesses, today announced that it has engaged Pagemill Partners to assist the company to identify, evaluate and implement potential opportunities designed to maximize shareholder value. Pagemill Partners’ initial focus will be on identifying strategic joint venture or Merger and Acquisition opportunities, as a means to enhance SPBU’s product portfolio and expand its customer base.

About Pagemill Partners

Pagemill Partners is a financial advisory firm located inPalo Alto, California that specializes in working with middle-market technology companies on mergers and acquisitions. Pagemill Partner’s website is http://www.pmib.com.

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 continual basis.

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.

SOURCE Spare Backup, Inc.