Business
SPYR Technologies Announces Year-End 2020 Results
SPYR Technologies Announces Year-End 2020 Results.
About this update from Spyr, Inc.
[{"type":"text","content":"DENVER, CO / ACCESSWIRE / January 5, 2021 / SPYR, Inc. dba SPYR Technologies (OTC PINK:SPYR), a holding company engaged in building a portfolio of technology companies through targeted acquisitions, today provided a year-end 2020 update to shareholders.Despite the many COVID-19 challenges in 2020, SPYR remained busy and productive throughout the year, the highlights of which include:Received its MFi Development License from Apple, marking a crucial step toward developing, designing and releasing future Applied MagiX-branded products, while also allowing for the use of the familiar Apple badging on its products (Link to prior Release):Established a representative office in Hong Kong. (Link to prior Release)Contracted with a local facilitator in Hong Kong.Kickstarted development of initial premium and proprietary HomeKit products.Identified product categories to pursue and develop.Adding two new members to SPYR's Board of Directors with highly relevant backgrounds and experience following the resignation of James Mylock, Jr., who served on the Board for more than 20 years. (Link to prior Release JF; Link to Prior Release TM)Currently engaged in discussions with an overseas company regarding an opportunity for SPYR to market/sell/distribute its line of Artificial Intelligence (AI) and other products in the US.Applied MagiX Inc. focuses on the segment of the market related to the development, manufacture, and sale of devices and accessories specifically built on Apple's HomeKit® framework. These products work within the Apple® HomeKit ecosystem and are exclusive to the Apple market and its consumers. Following the acquisition, Applied Magix has:Received its MFi Development License from Apple, marking a crucial step toward developing, designing and releasing future Applied MagiX-branded products, while also allowing for the use of the familiar Apple badging on its products (Link to prior Release):Established a representative office in Hong Kong. (Link to prior Release)Contracted with a local facilitator in Hong Kong.Kickstarted development of initial premium and proprietary HomeKit products.Identified product categories to pursue and develop.Adding two new members to SPYR's Board of Directors with highly relevant backgrounds and experience following the resignation of James Mylock, Jr., who served on the Board f...