I bought two of these for my pedalboard for the versatility. I contacted Hotone just to find out what would happen if the company went out of business...since this pedal works with bluetooth. Here's what I found out; Once you update the library in your phone app, all the pedal profiles are all on your phone. The Xstomp unit itself can store 159 pedal profiles. As long as the company has the servers up, you can update the app on whatever new phone you buy.