SOURCE: SPYR, Inc.

SPYR, Inc.

August 04, 2016 09:00 ET

SPYR Continues to Grow Gaming Portfolio With Solid Publishing Deal

NEW YORK, NY--(Marketwired - August 04, 2016) - While SPYR, Inc. (OTCQB: SPYR) prepares to release a major content update for its MMO game Pocket Starships, the company also has a new game that it will be publishing this fall. SPYR recently announced that it has entered into a publishing deal with Kemojo Studios to publish its newest creation, the free-to-play action combat game, "Drone Wars."

With Pocket Starships and Drone Wars, SPYR is creating a portfolio of potentially high profile games, and at the same time, making deals that are solidifying the company's position in the digital gaming industry for years to come. After entering the games industry just over a year ago, SPYR has found a way to get its name and its brand attached to some top-notch developers and, in doing so, is creating a solid gaming footprint.

In this latest deal, SPYR will publish Drone Wars for Kemojo Studios. The benefit to SPYR will be that Drone Wars is a spiritual successor to "Drone: Shadow Strike," a game that has more than 10 million players. We can only assume that many of those 10 million gamers will want to see what Drone Wars has to offer in what should be an even better game. According to the developers at Kemojo Studios, Drone Wars is built from the ground up with new game designs and technology developed by key members of the Drone: Shadow Strike development team.

Ideally, SPYR would like to see many of those 10 million players give its other titles a shot as well, and this is where this publishing deal could be a big benefit to SPYR's real-time, cross-platform game, Pocket Starships.

Pocket Starships is unique, and the more gamers that SPYR can introduce to Pocket Starships, the more the industry will see just how unique it is. The free-to-play Pocket Starships can be downloaded as an app on most mobile devices, and it can also be played online at www.pocketstarships.com in any web browser -- with all of the players on all platforms playing together in real-time, including having real-time space battles across all platforms.

In other words, if you are playing Pocket Starships on your iPhone for example, you aren't just playing others who use the Apple app; you're playing with everyone on all platforms in real-time no matter the platform they're using.

The best part about the deal that SPYR has with Pocket Starships is that it recently announced that the company has obtained an option to purchase the game outright.

SPYR and the developer of Pocket Starships recently signed a deal that gives SPYR the option to purchase not just the Pocket Starships game, but the intellectual property of the developer as well. This is key because the deal will include all assets related to Pocket Starships and the engine on which Pocket Starships is built, which provides the unique real-time, cross-platform aspect of the game.

This, of course, takes us back to the uniqueness of the game. It is this engine that allows Pocket Starships to be one-of-a-kind in the digital gaming industry, and it is this engine that SPYR could use to make even more games in the future. SPYR obviously would like to develop any new game using this engine with the thought in mind that it could have a strong audience awaiting its release, and this latest deal with Kemojo Studios just might bring that audience to any future SPYR release.

Read our comprehensive report on SPYR and Pocket Starships at www.stockmarketmediagroup.com/reports

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Stock Market Media Group is an exclusive publisher for news, updates, alerts and information on SPYR, Inc. ["SPYR"]. Our publications about SPYR are based solely upon SPYR's authorized press releases, and SPYR's legal disclosures made in SPYR's filings with the U.S. Securities and Exchange Commission. Before we publish any SPYR related content, our articles undergo compliance reviews and factual verifications, including written confirmation of the facts we publish from SPYR, and separately from SPYR's Legal Counsel for Securities and Regulatory compliance, Mailander Law Office, Inc.

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Section 17(b) of the 1933 Securities and Exchange Act requires publishers who distribute information about publicly traded securities for compensation, to disclose who paid them, the amount, and the type of payment. In order to be in full compliance with the Securities Act of 1933, Section 17(b), we are disclosing that we entered into a contract with SPYR for one year on February 1, 2015. We agreed to publish articles, news, updates, alerts and information about SPYR, subject to SPYR's written confirmation of factual content, and the separate confirmation of factual content by SPYR's Legal Counsel for Securities and Regulatory Compliance. In exchange for our services, SPYR agreed to compensate us with a monthly fee of $5,000.00. Additionally, SPYR agreed to issue to us 250,000 shares of SPYR's Restricted Common Stock. Our rights to sell any of this Restricted Common Stock are subject to prior compliance with all U.S. Securities Laws, including but not limited to Rule 144. Further, our sale of any of the Restricted Common Stock is subject to a volume restriction providing that we may only sell 5,000 shares daily for every 250,000 shares of daily trading volume.

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