NetworkNewsBreaks – SPYR Inc. (SPYR), Subsidiary
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SPYR (OTCQB: SPYR), dba SPYR Technologies, a technology company, and its subsidiary, Applied Magix Inc., were spotlighted in a recent Emerging Markets Report discussing the impact the company has on smart home and even smart car technology. Describing a more connected, more comfortable space, the report noted that SPYR and Applied Magix operate in the Internet of Things (“IoT”), developing and reselling Apple(R) ecosystem-compatible products that focus on the growing multibillion-dollar smart home market. The report stated that a recent estimate for the global IoT market indicates it will grow from $381.30 billion last year to $1,854.76 billion in 2028, posting a CAGR of 25.4% during the forecast period. The Emerging Markets Report is owned and operated by Emerging Markets Consulting (“EMC”), a syndicate of investor relations consultants representing years of experience. Noting that SPYR offers a line of innovative services that interact Apple’s core products, the report stated that the platform delivers unique value and life-changing efficiency in both home and car. In addition, the report pointed out, SPYR is creating proprietary products to add to Apple’s universe, “thus inserting themselves into one of the most widely held — literally — platforms on Earth. Most everything is executed through an Apple iPhone.”
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