STOCK TITAN

SPYR Technologies, Applied MagiX Add Walmart Online Marketplace to Distribution Network

Rhea-AI Impact
(Moderate)
Rhea-AI Sentiment
(Neutral)
Tags
Rhea-AI Summary

SPYR, Inc. (OTC PINK:SPYR) announced the addition of Walmart to its distribution network for Applied MagiX products, enhancing its reach in the burgeoning smart home market. This partnership will allow consumers to purchase Apple HomeKit compatible products through Walmart's online marketplace, significantly boosting brand awareness and sales potential. The CEO, Dr. Harald Zink, emphasized the importance of Walmart as a global retail leader in facilitating this growth. SPYR continues to explore further acquisitions to strengthen its position in technology and smart home solutions.

Positive
  • Partnership with Walmart increases distribution channels.
  • Access to Walmart's extensive customer base can enhance brand visibility.
  • Focus on the growing multi-billion-dollar smart home market.
Negative
  • None.

GREENWOOD VILLAGE, CO / ACCESSWIRE / April 27, 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 Walmart as a distribution channel where its Apple® HomeKit® smart home products will be available for purchase.

"We are excited to announce the addition of Walmart's online marketplace to our growing distribution network (http://bit.ly/AppliedMagix-Walmart). Walmart is the largest retailer in the world, one of the five largest retailers in the world by sales, and offering our products through their channel will further boost brand awareness and sales," said Dr. Harald Zink, Chief Executive Officer of Applied MagiX.

You can now find Applied MagiX in these online marketplaces:

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/642403/SPYR-Technologies-Applied-MagiX-Add-Walmart-Online-Marketplace-to-Distribution-Network

FAQ

What recent partnership did SPYR announce?

SPYR announced a partnership with Walmart to sell its Applied MagiX products through Walmart's online marketplace.

How will Walmart's distribution impact SPYR's sales?

The partnership with Walmart is expected to boost SPYR's brand awareness and sales significantly.

What products does SPYR offer through Walmart?

SPYR offers Apple HomeKit compatible smart home products through Walmart's online marketplace.

What is SPYR's focus in the market?

SPYR is focused on developing and reselling products in the growing multi-billion-dollar smart home market.

What is the stock symbol for SPYR Technologies?

The stock symbol for SPYR Technologies is SPYR, traded on OTC PINK.

SPYR INC

OTC:SPYR

SPYR Rankings

SPYR Latest News

SPYR Stock Data

35.07k
709.85M
0.56%
Software - Infrastructure
Technology
Link
United States of America
The Woodlands