SPYR (OTCQB: SPYR), a diversified technology company developing products leveraging the internet of things (“IoT”) for consumer use and large-scale applications and industries, today outlined recently reported disclosures in its June 30 10-Q and commented on corporate developments. According to the update, the company, via its GeoTraq subsidiary, is at the forefront of the technology development of novel tracking modems. “With our SEC filings up to date, the GeoTraq acquisition fully integrated, and our recently completed manufacturing contract with Asiatelco Technologies Co. in place, we are now laser-focused on readying our market launch of the world’s smallest, low-power, low-cost tracking modems for consumer use and large-scale applications and industries,” said SPYR CEO Timothy Matula. “We are seeing interest in our unique technologies growing on an almost daily basis as the Internet of Things (‘IoT’), for which our devices are specifically designed, continues to expand.”
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About SPYR Technologies
SPYR is a technology company focused on IoT, or the Internet of Things. Through its subsidiary Applied Magix Inc., SPYR develops and resells Apple(R) ecosystem compatible products, with an emphasis on the growing multibillion-dollar IoT smart home and connected car markets. Through its GeoTraq business, SPYR develops and manufactures fully self-contained, ultra-small mobile IoT modules: 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.
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