A surge protector provides just that—surge protection. In addition to surge protection, a UPS (uninterruptible power supply) continually regulates incoming voltage and provides battery backup in the event of a power failure. You'll often see surge protectors plugged into a UPS for added surge protection and additional output receptacles (local electrical codes apply). Note that a UPS does not take the place of whole-house/facility surge protection devices often utilized for lightning protection. For more topics like this, see the UPS and Power Management Fundamentals Handbook from Eaton: http://www.switchon.eaton.com/Education/Resources/index.html