Carbonite Integrated with Microsoft Money 2007

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Microsoft Money 2007 to Include One Year of Free Online Backup from Carbonite

BOSTON, MA — July 20, 2006 — Carbonite, Inc., announces that it has signed an agreement with Microsoft to include a year of free online backup with Microsoft Money 2007. Under the terms of the agreement, Microsoft Money 2007 Premium and Microsoft Money 2007 Home & Business will ship with a free one year subscription to Carbonite MS Money Backup that automatically backs up all Microsoft Money files on the user's PC. There is no limit on the size of the Money files that are backed up. At the end of the year, users can renew their backup subscription for $14.95 per year. Users may also upgrade to the full Carbonite Online PC Backup service for $49.95 per year. This service protects all user data, including photos, music, documents, email, etc., and capacity is unlimited.

Carbonite MS Money Backup installs with just an email address and password. Money files are encrypted with a 1024-bit key before they leave the user's PC and are transmitted across a secure SSL link to Carbonite's data centers where they are stored on RAID6 servers.

David Friend, CEO of Carbonite, said, "We're very pleased that Microsoft has chosen the Carbonite backup service. Your Money files are among the most important data on your PC. Personally, I feel a lot better knowing that mine are protected from disk crashes, equipment theft, viruses, fires, and other kinds of disasters. And it's free for a whole year."

"We are excited to offer our customers a free online backup option," said Anne Quaranta, senior product manager for Microsoft Money. "With unlimited storage capacity and simple setup, we believe the Carbonite service will be a great complement to Microsoft Money 2007."

About Carbonite

Only a small fraction of computer users regularly back up their PCs. Boston-based Carbonite, the leading consumer online backup company, addresses this issue by providing safe, simple, inexpensive, automatic backup over the Internet for consumers and small businesses in over 80 countries.

Founded in 2005, Carbonite believes that computers users shouldn't have to think about backup. The company's mission is to provide an affordable, reliable, secure and easy-to-use solution for the mainstream computer user.

Carbonite is available to consumers and small business through several channels, including its Web site, retailers such as Staples and CompUSA, and hundreds of small resellers. For more information, please visitwww.carbonite.com.

News Source : Carbonite Integrated with Microsoft Money 2007