SPYR Technologies’ Applied Magix Creates Advisory Board to Support Growth and Expansion

Rhea-AI Summary

SPYR, Inc. has announced the formation of the Applied Magix advisory board aimed at supporting growth in the IoT smart home and connected car markets. CEO Dr. Harald Zink noted that this move follows a year of building infrastructure, with the advisory board set to provide valuable insights for upcoming challenges. SPYR CEO Tim Matula emphasized the importance of this board in navigating market share and revenue growth as the company prepares to enhance marketing and product development. The advisory board members will be introduced on the Applied Magix website.

Positive

• Formation of the Applied Magix advisory board to support growth and expansion.
• Board to include experienced executives, potentially enhancing strategic guidance.
• Focus on IoT and connected car markets, key areas for revenue growth.

Negative

• None.

THE WOODLANDS, Texas, March 01, 2022 (GLOBE NEWSWIRE) -- via InvestorWire -- SPYR, Inc. dba SPYR Technologies (OTCQB: SPYR) (https://spyr.com/), a technology company whose subsidiary, Applied Magix, Inc., develops and resells Apple^® ecosystem compatible products in the growing multibillion-dollar IoT smart home and connected car markets, announces the creation of the Applied Magix advisory board, to proactively support future growth and expansion.

“We’ve spent the past year building necessary infrastructure, and now we’re creating an advisory board with an eye towards our future,” said Applied Magix CEO Dr. Harald Zink. “The advisory board will assist us with upcoming challenges by allowing consultation with individuals possessing a wealth of experience and knowledge, which will prove invaluable to our success and continued growth.”

“The advisory board concept will be of great help entering the coming phase of market share and revenue growth, especially as we further expand marketing and product development,” said SPYR CEO Tim Matula. “SPYR is looking forward to working with such distinguished and experienced executives who we have identified as potential members of the Applied Magix advisory board.”

As they are announced, the Applied Magix advisor board members will be introduced on the Applied Magix website.

About SPYR Technologies
SPYR Technologies (SPYR) is a technology company which, through its subsidiary Applied Magix Inc., develops and resells Apple^® 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.

Investors can learn more about SPYR and AppliedMagix at: https://ir.spyr.com/.

Forward-Looking Statements
This press release may contain “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Such statements include, but are not limited to, any statements relating to our growth strategy and product development programs and any other statements that are not historical facts. Forward-looking statements are based on management’s current expectations and are subject to risks and uncertainties that could negatively affect our business, operating results, financial condition and stock price. We expressly disclaim any obligation or undertaking to release publicly any updates or revisions to any forward-looking statements contained herein to reflect any change in our expectations or any changes in events, conditions or circumstances on which any such statement is based, except as required by law.

Investor Contact:
(303) 991-8000
ir@spyr.com
Company Name: SPYR Inc, dba SPYR Technologies
Address: 6700 Woodlands Parkway, Ste 230 #331
The Woodlands, TX 77382
Email Address: ir@spyr.com
Public Relations Contact: ir@spyr.com
Email address: ir@spyr.com

Corporate Communications:
InvestorBrandNetwork (IBN)
Los Angeles, California
www.InvestorBrandNetwork.com
310.299.1717 Office
Editor@InvestorBrandNetwork.com 

FAQ

What is the purpose of the Applied Magix advisory board?

The advisory board is created to provide strategic guidance and support growth in the IoT smart home and connected car markets.

Who are the potential members of the Applied Magix advisory board?

The advisory board will consist of distinguished and experienced executives identified by SPYR to aid in addressing upcoming challenges.

How will the advisory board impact SPYR's business?

The board is expected to assist in market share and revenue growth, especially in enhancing marketing and product development.

When will the advisory board members be announced?

The members will be introduced on the Applied Magix website as they are announced.