• SPYR, through its wholly-owned subsidiary, Applied Magix, will start exploring AI applications for inclusion in its products
• The company is also considering venturing into the MVNO business; an industry projected to be valued at $91.63 billion by 2026
• This is in a move to grow the company’s product and service offering while also creating value for its shareholders
• Pursuing this route will also present SPYR with an opportunity to promote its brand further, grow its brand equity and overall brand recognition

SPYR (OTCQB: SPYR) has, since its inception, not shied away from pushing the envelope in terms of innovation and creating value for its stakeholders. This commitment has defined its operations in the development and reselling of Apple®-ecosystem-compatible products, along with its focus on the multibillion-dollar Internet of Things (“IoT”) Smart Home and Connected Car markets.

More importantly, this has shaped its dedication to identifying and targeting acquisitions that aid in growing its overall market reach and industry footprint, as evidenced by its 2020 acquisition of Applied Magix Inc. In line with this, SPYR is exploring new ways to…

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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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