OBJE Huge Market Growth Bodes Well for OBJE’s 20
Post# of 94145
Posted On: 11/11/2013 6:28:03 AM
OBJE Huge Market Growth Bodes Well for OBJE’s 2014 Financial Forecast
Growth predicted for the mobile gaming industry over the next three years paints a rosy picture for OBJ Enterprises’ (OTCBB: OBJE) 2014 financial forecast.
Last week, a new report by analysts AppLift and Newzoo forecast that the mobile games market will reach $23.9 billion by 2016, doubling in size from this year. The incredible growth in the marketplace is being driven by a sharp increase in the number of players using mobile technology as well as an increase in average monthly spend among gamers.
The tablet gaming market, in particular, stand to grow by 400 percent to reach $10 billion in value by 2016, according to the report.
That’s excellent news for OBJE, a company working hard to capitalize on the incredible growth in mobile gaming. The company is building a robust portfolio of mobile applications by working with developers such as Novalon Games and FangTooth Studios to create and distribute fun and engaging games for the booming mobile apps market.
Phantasmic, the first game developed in-house by OBJE and Novalon, began earning revenues the same day it was released for Android devices last month. Bluff Wars 2.0, a hilariously addictive new trivia game, is now earning revenues at the Apple App Store and Google Play marketplace.
Obscene Interactive, OBJE’s gaming division, is working to deliver a wide range of innovative gaming products for the Apple (NASDAQ: AAPL) App Store and Google (NASDAQ: GOOG) Play platforms alongside companies such as Electronic Arts (NYSE: EA).
About Obscene Interactive
Obscene Interactive, a subsidiary of OBJ Enterprises, Inc. (OBJE), is an emerging global developer of mobile applications for smartphones and tablet computers. OBJE is building a portfolio of popular gaming titles crafted to appeal to a broad audience of consumers all over the world, supporting multiple mobile platforms for maximum marketing value. Obscene Interactive is focused on delivering the best in social gaming solutions to a mass market in order to capitalize on the rapid expansion of the mobile app marketplace.
For investment information and performance data, please visit www.ObsceneInteractive.com/investors.html.
Notice Regarding Forward-Looking Statements
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: This news release contains forward-looking information within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, including statements that include the words “believes,” “expects,” “anticipate” or similar expressions. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of the Company to differ materially from those expressed or implied by such forward-looking statements. In addition, description of anyone’s past success, either financial or strategic, is no guarantee of success. This news release speaks as of the date first set forth above and the Company assumes no responsibility to update the information included herein for events occurring after the date hereof.
OBJ Enterprises, Inc.
Paul Watson, 941-952-5825
President and CEO
info@obsceneinteractive.com
Growth predicted for the mobile gaming industry over the next three years paints a rosy picture for OBJ Enterprises’ (OTCBB: OBJE) 2014 financial forecast.
Last week, a new report by analysts AppLift and Newzoo forecast that the mobile games market will reach $23.9 billion by 2016, doubling in size from this year. The incredible growth in the marketplace is being driven by a sharp increase in the number of players using mobile technology as well as an increase in average monthly spend among gamers.
The tablet gaming market, in particular, stand to grow by 400 percent to reach $10 billion in value by 2016, according to the report.
That’s excellent news for OBJE, a company working hard to capitalize on the incredible growth in mobile gaming. The company is building a robust portfolio of mobile applications by working with developers such as Novalon Games and FangTooth Studios to create and distribute fun and engaging games for the booming mobile apps market.
Phantasmic, the first game developed in-house by OBJE and Novalon, began earning revenues the same day it was released for Android devices last month. Bluff Wars 2.0, a hilariously addictive new trivia game, is now earning revenues at the Apple App Store and Google Play marketplace.
Obscene Interactive, OBJE’s gaming division, is working to deliver a wide range of innovative gaming products for the Apple (NASDAQ: AAPL) App Store and Google (NASDAQ: GOOG) Play platforms alongside companies such as Electronic Arts (NYSE: EA).
About Obscene Interactive
Obscene Interactive, a subsidiary of OBJ Enterprises, Inc. (OBJE), is an emerging global developer of mobile applications for smartphones and tablet computers. OBJE is building a portfolio of popular gaming titles crafted to appeal to a broad audience of consumers all over the world, supporting multiple mobile platforms for maximum marketing value. Obscene Interactive is focused on delivering the best in social gaming solutions to a mass market in order to capitalize on the rapid expansion of the mobile app marketplace.
For investment information and performance data, please visit www.ObsceneInteractive.com/investors.html.
Notice Regarding Forward-Looking Statements
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: This news release contains forward-looking information within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, including statements that include the words “believes,” “expects,” “anticipate” or similar expressions. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of the Company to differ materially from those expressed or implied by such forward-looking statements. In addition, description of anyone’s past success, either financial or strategic, is no guarantee of success. This news release speaks as of the date first set forth above and the Company assumes no responsibility to update the information included herein for events occurring after the date hereof.
OBJ Enterprises, Inc.
Paul Watson, 941-952-5825
President and CEO
info@obsceneinteractive.com
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