SPYR Technologies’ Applied Magix Welcomes Michael Teitelbaum to Advisory Board

Rhea-AI Summary

SPYR, Inc. (OTCQB: SPYR) has appointed Michael Teitelbaum, previously a senior brand integrity manager at Jazwares, to the advisory board of its subsidiary, Applied Magix. This strategic move aims to leverage Teitelbaum's expertise in brand growth and online resources to enhance Applied Magix's journey in the IoT smart home and connected car markets. The company is focused on expanding its footprint within the multibillion-dollar IoT sector and is actively seeking acquisitions to enhance its product offerings.

Positive

• Michael Teitelbaum's appointment provides expertise in brand growth.
• Focus on expanding product offerings in IoT and smart technology.

Negative

• None.

THE WOODLANDS, Texas, March 17, 2022 (GLOBE NEWSWIRE) -- via InvestorWire -- SPYR, Inc. (OTCQB: SPYR), dba SPYR Technologies (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, welcomes Michael Teitelbaum, senior brand integrity manager at Jazwares, to the Applied Magix advisory board.

“I’m genuinely excited to have Mike on our advisory board, offering us his expertise and experience,” said Applied Magix CEO Dr. Harald Zink. “Mike’s experience in growing brands and creating growth by leveraging online resources will be invaluable on our Applied Magix journey.”

“I am beyond excited to join the advisory board of Applied Magix,” Teitelbaum said. “I welcome the opportunity to share my expertise and experience and guide Applied Magix to new heights!”

Visit https://AppliedMagix.com for updates as Applied Magix continues to expand its advisory board with additional talented, complementary individuals.

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.

About Applied Magix
Applied Magix, Inc. develops and resells Apple ecosystem compatible products in the growing multibillion-dollar IoT smart home and connected car markets.

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

SPYR Inc, dba SPYR Technologies
6700 Woodlands Parkway, Ste 230 #331
The Woodlands, TX 77382

Email: ir@spyr.com
Public Relations: ir@spyr.com
Investor Contact: ir@spyr.com

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

FAQ

Who is Michael Teitelbaum and what is his role at SPYR?

Michael Teitelbaum is the newly appointed member of the advisory board for Applied Magix, bringing his extensive experience in brand integrity and online resource management.

What is the significance of Michael Teitelbaum's appointment for SPYR?

Teitelbaum's appointment is expected to enhance Applied Magix's strategic direction in the IoT market, leveraging his expertise to drive brand growth.

What markets does SPYR Technologies operate in?

SPYR Technologies operates in the IoT smart home and connected car markets, developing products compatible with the Apple ecosystem.

What is the primary focus of Applied Magix?

Applied Magix focuses on developing and reselling products compatible with the Apple ecosystem, particularly in the expanding IoT market.

How is SPYR Technologies planning to grow its business?

SPYR Technologies aims to grow its business by actively targeting acquisitions that expand its product offerings and market presence.