SPYR Technologies, Applied MagiX Add Amazon to Distribution Network for Apple(R) HomeKit(R) Smart Home Products

Rhea-AI Summary

SPYR, Inc. (OTC PINK: SPYR) has broadened its distribution by adding Amazon as a channel for its Apple HomeKit smart home products through its subsidiary, Applied MagiX. This strategic move aims to enhance brand awareness and drive sales, tapping into the vast reach of Amazon's marketplace. Dr. Harald Zink, CEO of Applied MagiX, expressed optimism about this addition, indicating it could significantly impact the company’s presence in the growing smart home market.

Positive

• Addition of Amazon as a distribution channel expected to enhance brand awareness and boost sales.
• Expansion into one of the world's largest online marketplaces, potentially increasing product visibility.

Negative

• None.

GREENWOOD VILLAGE, CO / ACCESSWIRE / April 20, 2021 / SPYR, Inc. dba SPYR Technologies (OTC PINK:SPYR), a technology company that through its subsidiary, Applied MagiX, Inc., develops and resells Apple ecosystem compatible products with an emphasis on the growing multi-billion-dollar smart home market, today announced that Applied MagiX has added Amazon as a distribution channel where its Apple^® HomeKit^® smart home products are now available for purchase.

"As we continue to grow our distribution channels, we are excited to announce the availability of our products in the Amazon Marketplace. Amazon is the world's largest online marketplace, and we expect that offering our products through that channel will boost brand awareness and sales," said Dr. Harald Zink, Chief Executive Officer of Applied MagiX.

You can now purchase Apple HomeKit smart home compatible products from Applied MagiX at:

• Amazon: http://bit.ly/AppliedMagix-StoreFront
• The Applied MagiX website: https://appliedmagix.com/shop/
• eBay: http://bit.ly/AppliedMagix-eBay

About SPYR Technologies

SPYR Technologies (SPYR) is a technology company that through its subsidiary, Applied MagiX, Inc., develops and resells Apple® ecosystem compatible products with an emphasis on the growing multi-billion-dollar smart home market. 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 and smart-technology products.

Safe Harbor Statement:

This release contains forward-looking statements that are based upon current expectations or beliefs, as well as a number of assumptions about future events. Although we believe that the expectations reflected in the forward-looking statements and the assumptions upon which they are based are reasonable, we can give no assurance or guarantee that such expectations and assumptions will prove to have been correct. Forward-looking statements are generally identifiable by the use of words like "may," "will," "should," "could," "expect," "anticipate," "estimate," "believe," "intend," or "project" or the negative of these words or other variations on these words or comparable terminology. The reader is cautioned not to put undue reliance on these forward-looking statements, as these statements are subject to numerous factors and uncertainties, including but not limited to: adverse economic conditions, competition, adverse federal, state and local government regulation, international governmental regulation, inadequate capital, inability to carry out research, development and commercialization plans, loss or retirement of key executives and other specific risks. To the extent that statements in this press release are not strictly historical, including statements as to revenue projections, business strategy, outlook, objectives, future milestones, plans, intentions, goals, future financial conditions, events conditioned on stockholder or other approval, or otherwise as to future events, such statements are forward-looking, and are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. The forward-looking statements contained in this release are subject to certain risks and uncertainties that could cause actual results to differ materially from the statements made. Readers are advised to review our filings with the Securities and Exchange Commission that can be accessed over the Internet at the SEC's website http://www.sec.gov, as well as SPYR's website https://www.spyr.com, and SPYR's Twitter account https://twitter.com/spyrinc.

Investor Relations Contact:

(303) 991-8000
contact@spyr.com

SOURCE: SPYR, Inc.

View source version on accesswire.com:
https://www.accesswire.com/641203/SPYR-Technologies-Applied-MagiX-Add-Amazon-to-Distribution-Network-for-AppleR-HomeKitR-Smart-Home-Products

FAQ

What new distribution channel has SPYR added for its products?

SPYR has added Amazon as a distribution channel for its Apple HomeKit smart home products.

How will SPYR's new distribution channel impact sales?

The addition of Amazon is expected to enhance brand awareness and potentially boost sales significantly.

What type of products does SPYR offer through Applied MagiX?

SPYR offers Apple ecosystem compatible products, primarily focused on smart home technology.

When was the announcement made regarding SPYR's new distribution channel?

The announcement was made on April 20, 2021.

What is the stock symbol for SPYR?

The stock symbol for SPYR is SPYR.