Welcome to our dedicated page for SPYR news (Ticker: SPYR), a resource for investors and traders seeking the latest updates and insights on SPYR stock.
SPYR Inc. (OTCQB: SPYR) is a dynamic holding company dedicated to publishing mobile games and apps through its wholly-owned subsidiary. The company is actively exploring strategic acquisitions across various sectors to expand its portfolio, drive revenue growth, and increase shareholder value. Learn more at SPYR Games.
Recent Achievements:
- GeoTraq, a subsidiary of SPYR, recently introduced a groundbreaking miniature tracking device designed for discreet and seamless integration into various tracking applications. This device features global connectivity, extended battery life, and versatile applications, making it a revolutionary product in the world of asset tracking.
- SPYR is focused on expanding its footprint in the Internet of Things (IoT) sector through its GeoTraq business. GeoTraq develops ultra-small IoT modules designed for asset tracking and remote monitoring, offering products like Tracker-M and Sensor-M modules that cater to various industry needs.
Core Business:
SPYR Inc. engages primarily in the publication of mobile games and apps, with a vision to expand into other lucrative verticals. Its subsidiary, GeoTraq, is a standout in the IoT space, developing compact and innovative tracking solutions that leverage advanced cellular technology for global connectivity and real-time monitoring.
Current Projects:
- Continuing the development of GeoTraq's Micro-Tracker™ Modem, a cutting-edge solution offering unparalleled precision and global connectivity for asset tracking.
- Strategically identifying and targeting new acquisition opportunities to diversify and strengthen its technological and market position, particularly in AI and smart technology products.
Financial Condition:
SPYR Inc. is committed to increasing revenue and generating substantial profits by expanding its product offerings and exploring new market opportunities. This strategy aims to build significant value for its shareholders.
Partnerships & Products:
GeoTraq's innovative IoT modules have positioned SPYR as a notable player in the technology sector. These modules report location data and measure various environmental variables, streamlining business processes and enhancing operational efficiency. SPYR's mobile games and apps also continue to be a crucial part of its business strategy, attracting a diverse user base.
SPYR Technologies (OTCQB:SPYR) has appointed Trang Nguyen as the new Principal Financial Officer following the resignation of Barry Loveless. Nguyen, a certified public accountant with extensive experience in financial reporting and compliance, previously served as Financial Reporting Manager at Del Taco. CEO James R. Thompson expressed confidence in her ability to enhance the company's financial strategies. SPYR focuses on developing and reselling Apple-compatible products for the growing IoT smart home and connected car markets.
SPYR Technologies announced plans to release two versions of its first national TV commercial for MagixDrive, targeting different demographics. This initiative follows an agreement with TVA Media Group, signed in August 2021. The commercials will air nationwide, with a minimum of 48 broadcasts in major U.S. cities, totaling around 10,000 localized spots. They are set to begin airing in November 2021. CEO Dr. Harald Zink highlighted the importance of diverse representation in the commercials to effectively engage potential users.
SPYR, Inc. has received the rough cut of its first national TV commercial for the MagixDrive, set to air in November 2021. The campaign aims for nationwide exposure, with a minimum of 48 airings in major U.S. cities, totaling approximately 10,000 localized ad spots. This is a strategic step for SPYR's subsidiary, Applied Magix, to penetrate the growing IoT Smart Home and Connected Car markets. The commercials will also feature prominently on TVA's news portals. CEO Dr. Harald Zink expressed enthusiasm about the potential reach and impact of the campaign.
SPYR, Inc. (OTCQB:SPYR) has completed filming its first national TV commercial for MagixDrive, an Apple CarPlay product. Produced by TVA Media Group, the campaign aims to enhance visibility and increase sales, airing nationwide over 10,000 localized ad spots starting in November. The initiative is timed for the upcoming holiday season and is expected to feature on TVA's sponsored news portals as a Top Story. CEO Dr. Harald Zink expressed optimism about the collaboration with TVA, which has a strong track record in media campaigns.
SPYR Technologies (OTCQB:SPYR) showcased its developments at the H.C. Wainwright 23rd Annual Global Investment Conference held from September 13 to 15, 2021. Dr. Harald Zink, CEO of Applied Magix, presented an overview of the company and its new products. SPYR focuses on the multi-billion-dollar smart home market and continues exploring acquisition opportunities to enhance its product offerings. The presentation can be accessed on-demand by registered attendees.
SPYR Technologies announced its upcoming launch of the MagixPower car charger, featuring dual USB-C ports and Power Delivery functionality. Set to be available later this year, this accessory aims to enhance charging speeds for Apple devices, achieving a 50% charge in just 30 minutes. This follows the introduction of the MagixDrive Wireless CarPlay adapter in June 2021. The company, which develops products compatible with the Apple ecosystem, continues to explore opportunities for growth, particularly in the smart home market.
SPYR Technologies (SPYR) has engaged TVA Media Group to enhance marketing efforts for its MagixDrive wireless Apple CarPlay devices. This initiative aims to boost sales through the production of two national TV commercials, to be aired at least 48 times in major U.S. cities, equivalent to 10,000 localized spots. Additionally, MagixDrive will be highlighted on TVA's news portals. CEO Dr. Harald Zink expressed optimism about the collaboration, anticipating increased visibility and traction for the product.
SPYR Technologies (OTCQB:SPYR) has commenced trading on the OTCQB Venture Market, marking a significant corporate milestone. This up-listing enhances the company's visibility and may boost investor confidence, as it meets stricter eligibility requirements. CEO James Thompson emphasized the importance of this step in expanding their investor base and enhancing shareholder value. SPYR, through its subsidiary Applied MagiX, focuses on developing products compatible with the Apple ecosystem, targeting the lucrative smart home market.
SPYR Technologies has committed to developing its smartHome products using the Apple-backed MATTER protocol, enhancing connectivity among smart devices. This announcement emphasizes the company's focus on the multi-billion-dollar smart home market through its subsidiary, Applied MagiX. The MATTER protocol, formerly known as Project CHIP, aims to unify IoT communications, ensuring security and compatibility. CEO Dr. Harald Zink highlighted the importance of this advancement for industry cohesion.
SPYR Technologies (OTC PINK: SPYR) has announced the updated launch date for its first branded product, MagixDrive, to June 7, 2021. This device enables users to connect their iPhones wirelessly to their cars for a premium Apple CarPlay experience. The company confirmed the arrival of the first shipments of MagixDrive products, which were expected to be ready for sale shortly. SPYR emphasizes its focus on the expanding multi-billion-dollar smart home market through its subsidiary, Applied MagiX.
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