CEO Frederik Schouboe of Keepit.com:

"This contract is a landmark in our efforts to become one of the leading providers of Online Backup. The SMB segment represents an unprecedented opportunity for cloud-based services such as Keepit.com Online Backup. Parallels is the perfect match for Keepit.com with a strong market position and partnerships with important industry players around the globe."

VP SaaS, Soeren Von Varchmin, Parallels Inc.

"With Keepit.com on board we can provide our partners with an even broader offering, incorporating strong online backup services which are both simple and easy to use. This enables our partners to build their own offerings, potentially increasing their revenue streams. As a result, we anticipate a long-lasting and fruitful partnership over the next many years with Keepit.com; helping to grow and secure the business of our clients."

Keepit.com utilizes industry leading and enterprise standard IBM Tivoli Storage Management topped of with an ultra-simple ultra-sleek desktop application. The Keepit application removes the hassle and administration from implementing business critical automated and secure offsite backup solutions to secure your business.

Far too many SMB's pay unreasonable premium prices to secure their data. With Keepit.com you can offer your customers uniquely priced, award-winning user-friendly software.

Keepit.com provides a must-have solution for all SMB's and together with Parallels we have designed a unique and flexible solution at attractive and customized prices to match Service Providers' and Businesses' needs. Securing your business' mission critical data and potentially saving it from data loss disaster and bankruptcy has never been easier or at more attractive prices.

The new service will be made publicly available in the first half of 2009.

Read the entire press release: