SPYR Inc. (SPYR) Seizing Opportunity in Smart-Device Space

Rhea-AI Summary

SPYR Inc. (OTCQB: SPYR) announced its inclusion in an editorial published by NetworkNewsWire, focusing on the Internet of Things (IoT). The company emphasizes its role in the growing smart home and connected car markets through its subsidiary, Applied Magix Inc., which develops Apple-compatible products. With an estimated 46 billion connected devices globally, SPYR aims to capture market share and expand its offerings by targeting strategic acquisitions in AI and smart technology sectors.

Positive

• Inclusion in editorial by NetworkNewsWire enhances visibility.
• Focus on multibillion-dollar IoT markets presents growth opportunities.
• Development of Apple-compatible products positions SPYR strategically.

Negative

• None.

NEW YORK, March 30, 2022 (GLOBE NEWSWIRE) -- via InvestorWire — SPYR Inc. (OTCQB: SPYR) today announces its placement in an editorial published by NetworkNewsWire ("NNW"), one of 50+ trusted brands within the InvestorBrandNetwork (“IBN”), a multifaceted financial news and publishing company for private and public entities.

To view the full publication, “Smarter Homes, Smarter Cars, Smarter People,” please visit: https://nnw.fm/H6egy 

The Internet of Things (IoT) has evolved over the last couple decades, weaving its way into daily life by providing increased utility and functionality for everyday items. Broadly speaking, IoT refers to the overarching technology that connects physical items (e.g., refrigerators, door locks, HVAC) to the internet so they can be controlled from a mobile or desktop app to provide real-time controls and data analysis.

Delivering convenience and savings, many of these interconnected devices have become readily available and affordable with an estimated 46 billion connected devices in the world today. That may sound like a lot, but the nascent market is quickly expanding, creating plenty of opportunity for innovative companies such as SPYR Inc. (OTCQB: SPYR) to capture market share by leveraging the platforms of tech giants.

About SPYR Inc.

SPYR is a technology company which, through its subsidiary, Applied Magix Inc., develops and resells Apple(R) ecosystem compatible products with an emphasis on the growing multibillion-dollar IoT smart home and connected car markets. SPYR continues to identify and target acquisitions that will grow its footprint in the industry and expand the products it offers consumers, including companies developing artificial intelligence (“AI”) and smart-technology products.

For more information about the company, visit https://ir.SPYR.com.

NOTE TO INVESTORS: The latest news and updates relating to SPYR are available in the company’s newsroom at https://ibn.fm/SPYR

About NetworkNewsWire

NetworkNewsWire (NNW) is an information service that provides (1) access to our news aggregation and syndication servers, (2) NetworkNewsBreaks that summarize corporate news and information, (3) enhanced press release services, (4) social media distribution and optimization services, and (5) a full array of corporate communication solutions. As a multifaceted financial news and content distribution company with an extensive team of contributing journalists and writers, NNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. NNW has an ever-growing distribution network of more than 5,000 key syndication outlets across the country. By cutting through the overload of information in today’s market, NNW brings its clients unparalleled visibility, recognition and brand awareness.

NNW is where news, content and information converge.

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For more information please visit https://www.NetworkNewsWire.com

Please see full terms of use and disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer

NetworkNewsWire (NNW)
New York, New York
www.NetworkNewsWire.com
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Editor@NetworkNewsWire.com

NetworkNewsWire is part of the InvestorBrandNetwork

FAQ

What is SPYR Inc.'s focus in the IoT market?

SPYR Inc. focuses on the smart home and connected car markets, developing products compatible with the Apple ecosystem.

How many connected devices are there globally?

There are approximately 46 billion connected devices worldwide, providing significant opportunities in the IoT space.

What recent editorial features SPYR Inc.?

SPYR Inc. was featured in an editorial titled 'Smarter Homes, Smarter Cars, Smarter People' published by NetworkNewsWire.

What is SPYR's strategy for growth?

SPYR aims to grow by targeting acquisitions, particularly in artificial intelligence and smart technology sectors.