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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…

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

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