SPYR (OTCQB: SPYR), dba SPYR Technologies, a diversified technology company developing products and leveraging the Internet of Things (“Iot”) for consumer use and large-scale applications and industries, and its subsidiary GeoTraq has completed a full suite of Mobile IoT asset management tools. The suite is designed to create significant return on investment (“ROI”) for enterprise customers in most industry verticals. According to the announcement, GeoTraq’s ultra-small tracker enables customers to deploy smart, connected technological accounting and monitoring devices within the IoT; the tracker features a proprietary blend of affordability, compatibility and efficiency offered under the GeoTraq label. According to the company, GeoTraq is the most robust suite of Mobile IoT Modules for Asset Tracking. Essentially, vehicles, parts, boxes, pallets, people, equipment, furniture and more can now be tracked globally through GeoTraq Mobile IoT modules. “GeoTraq is now well-positioned to drastically change the ways companies are viewing Asset Management,” said GeoTraq chief technology officer Pierre Parent in the press release. “As we significantly reduce the size and cost of our Tracker modules, the universe of assets that will be tracked grows simultaneously and exponentially. . . . Entirely new categories of assets will be tagged that are lower in value and size and we are already working with companies on disposable tracking tags that will be discarded along with the packaging and wrappers. Frankly, this level of scalable, easily integrated system is revolutionary.”
To view the full press release, visit https://ibn.fm/qDbJa
About SPYR Inc.
SPYR Technologies is a technology company that, through its subsidiary Applied Magix Inc., develops and resells Apple ecosystem-compatible products with an emphasis on the growing multibillion-dollar IoT smart-home and connected-car markets. In addition, its subsidiary GeoTraq develops and manufactures entirely self-contained, ultra-small mobile Internet of Things (“IoT”) modules including Trackertracker-M modules for asset tracking and location-based services, and Sensorsensor-M modules used for remote monitoring. 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. For more information about this company, visit 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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