SPYR Inc. (SPYR) Plans to Continue Building Revenue Streams With IoT Product Developer Acquisitions

  • SPYR Inc. recently announced acquisition plans for the coming months that it expects to increase its revenue streams
  • SPYR’s targets include a proprietary lighting technologies developer and a proprietary high-value asset tracking technologies developer for use in the construction, agriculture, asset management, police, defense, energy and cold-chain industries
  • The deals are in the preliminary stages, but SPYR is working to complete a non-binding letters of intent in the near future
  • SPYR subsidiary Applied Magix completed a national TV ad campaign for its first branded product, MagixDrive, which serves as a wireless adapter between an iPhone and a vehicle’s CarPlay infotainment system to increase ease of access to apps and other functionality while driving

SPYR (OTCQB: SPYR), a technology focused holding company, is preparing to add additional revenue streams to its operations, paving the way for a possible boost to shareholder value this year if its plans come to fruition. 

SPYR’s current technology operations are largely centered on the Apple(TM) ecosystem — its subsidiary Applied Magix, Inc. develops and resells products for the multibillion-dollar IoT smart home product and…

Read More>>

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

About InvestorWire

InvestorWire is the wire service that gives you more. From regional releases to global announcements presented in multiple languages, we offer the wire-grade dissemination products you’ll need to ensure that your next press release grabs the attention of your target audience and doesn’t let go. While our competitors look to nickel and dime you with hidden fees and restrictive word limits, InvestorWire keeps things transparent. We offer UNLIMITED Words on all domestic releases. While other wire services may provide a basic review of your release, InvestorWire helps you put your best foot forward with complimentary Press Release Enhancement.

With our competitors, the work is done the second your release crosses the wire. Not with InvestorWire. We include follow-up coverage of every release by leveraging the ever-expanding audiences of the 50+ brands that make up the InvestorBrandNetwork.

Get more out of your next press release with InvestorWire. It’s unlike anything you’ve seen before.

For more information, please visit https://www.InvestorWire.com

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

InvestorWire (IW)
8033 Sunset Blvd Suite 1037-IW
Los Angeles, CA 90046
310.299.1717 Office
www.InvestorWire.com
Editor@InvestorWire.com

Stock Quote API & Stock News API supplied by www.cloudquote.io
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms and Conditions.