Thursday, April 15, 2010

StockProfiler.US: Penny Stocks in the News: Spare Backup, Inc. & China Sun Group High-Tech Co., Ltd.



PALM DESERT, Calif., April 15, 2010 -- Spare Backup, Inc. (OTCBB: SPBU), an industry-leading provider of automated, online backup applications for home users and small businesses, announced today that it has launched a new version of its Spare Backup platform which allows users of Apple's Mac to backup their computer data to their accounts into the cloud.


Spare Backup, Inc. closed at $0.1975 Wednesday, trading 1,084,283 shares.


Spare Backup Launches Full Suite of Data Backup and Cloud Services to Customers Using Apple Devices


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 is headquartered in Palm Desert, California.


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DALIAN, China, April 15, 2010 -- China Sun Group High-Tech Co., Ltd. (OTCBB: CSGH) ("China Sun Group" or the "Company"), a leading vertically integrated supplier of cobalt-based raw materials for rechargeable Lithium-ion (Li) batteries in China today announced its financial results for the third quarter ended February 28, 2010.


China Sun Group High-Tech Co., Ltd. closed at $1.48 Wednesday, trading 723,860 shares.


China Sun Group Announces Third Quarter Fiscal Year 2010 Financial Results


About China Sun Group High-Tech Co., Ltd.


China Sun Group High-Tech Co., ("China Sun Group") produces anode materials used in Li batteries. Through its wholly-owned operating subsidiary, Dalian Xinyang High-Tech Development Co. Ltd ("DLX"), the Company primarily produces cobaltosic oxide and lithium cobalt oxide. According to the China Battery Industry Association, DLX has the second largest cobalt series production capacity in the People's Republic of China. Through its research and development division, DLX owns a proprietary series of nanometer technologies that supply state-of-the-art components for advanced Li batteries. Leveraging its state-of-the-art technology, high-quality product line and scalable production capacity, the Company plans to create a fully integrated supply chain from the primary manufacturing of cobalt ore to finished products, including Li batteries. For more information, visit china-sun.cn .


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Please Note: All news contained herein has been previously issued by the companies mentioned in this release, and is the property of each company, respectively. All news is edited for content. The companies that are discussed in this opinion have not approved the statements made in this opinion.


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