SPYR (OTCQB: SPYR), dba SPYR Technologies, is a technology company that, through its wholly-owned subsidiary Applied MagiX Inc., seeks to capitalize on the Apple(R) consumer base through product offerings, including devices and accessories specifically built on Apple’s HomeKit(R) framework. SPYR acquired Californian IoT company Applied MagiX in late 2020 after witnessing the stunning growth within the global smart home market. The acquisition propelled SPYR into the multibillion-dollar smart home industry and gave it entry into the Apple HomeKit smart home market. “Having already begun generating sales and revenue through its partnerships with online retail giants Amazon, Walmart and eBay, SPYR’s Applied MagiX revealed plans to release a proprietary range of products designed to complement and work in conjunction with the Apple HomeKit system. Meanwhile, and in the interim, the company has centered its offering around a range of white-labeled Apple HomeKit, Apple CarPlay, and Apple Watch products and accessories drawn from several trusted technology partners,” a recent article reads. “SPYR and Applied MagiX launched their initial product range in April 2021, with a focus on five key consumer products.”
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About SPYR Inc.
SPYR is a technology company which, through its subsidiary, Applied Magix Inc., develops and resells Apple(R) 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 Applied Magix at https://ir.spyr.com.
NOTE TO INVESTORS: The latest news and updates relating to SPYR are available in the company’s newsroom at https://ibn.fm/SPYR
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