$SPYR Enters Multi-Billion Dollar Mobile Games & Apps Market OTC QB: (SPYR)

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SPYR, Inc

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SPYR Enters Multi-Billion Dollar Mobile Games & Apps Market

2015-03-31 09:30 ET - News Release

DENVER, CO -- (Marketwired) -- 03/31/15

SPYR, INC. (OTCQB: SPYR), a holding company with wholly owned subsidiaries in the digital publishing and advertising industries and in the food service industry, today announced that it has formed a new wholly owned subsidiary, SPYR APPS, LLC.

James R. Thompson, the Company's CEO & President commented: "We formed SPYR APPS for the purpose of expanding our digital media presence into the multi-billion dollar mobile app industry.  We are very excited about entering the mobile games and applications space because it gives us the opportunity to continue to grow SPYR's portfolio of digital media holdings while entering a market that presents an opportunity and potential for a great deal of growth."

The mobile apps industry is expected to grow 16.5 percent in 2015 according to a February 18, 2015, article from eMarketer.com, with mobile games accounting for over 30 percent of the U.S. mobile content market in 2015.

The mobile games and applications market offers SPYR significant opportunities and upside potential.  Other mobile games and applications companies have realized rapid growth and success, together with significant market capitalization valuations.  SPYR APPS aspires to achieve similar growth, success and valuation.

Mr. Thompson further stated, "My goal when I assumed the position of President and CEO was to position SPYR in markets where the growth potential was greatest; and the mobile games and applications market is one of them."

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About SPYR 

SPYR, Inc. (OTCQB:SPYR) is a holding company that through its wholly-owned subsidiary, Franklin Networks, Inc., is engaged in digital publishing and advertising operations and through its other wholly-owned subsidiary, E.A.J. PHL Airport Inc., owns and operates an "American Diner" theme restaurant located in the Philadelphia International Airport in Philadelphia, Pennsylvania called "Eat at Joe's®." The Company is currently exploring opportunities for additional acquisitions in these and other verticals, including mobile application and game development, in order to expand its holdings, to drive and increase revenue and to generate profits and build value for shareholders.

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SPYR Security Details

Share Structure

Market Value1	$84,709,180	a/o Mar 27, 2015
Shares Outstanding	136,627,710	a/o Nov 12, 2014
Float	42,061,253	a/o Nov 12, 2014
Authorized Shares	250,000,000	a/o Nov 12, 2014

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