SOURCE: SPYR, Inc.

SPYR, Inc.

June 09, 2017 09:00 ET

SPYR, Inc.'s New Agreement with CBS Consumer Products Could Potentially Attract Huge Star Trek™ Audience

BONITA, CA--(Marketwired - June 09, 2017) - In a move that is sure to please Trekkies around the universe, SPYR, Inc. (OTCQB: SPYR) announced this week that it has signed a licensing agreement with CBS Consumer Products that will allow SPYR to incorporate intellectual property (IP) from various Star Trek television series in future updates to and expansions of the company's real time, true cross platform MMO game, Pocket Starships.

SPYR has been making news lately for its release of a female centric mobile game to expand its gamer audience, as well as its commitment to the esports industry. The stock has reflected these pieces of news favorably, showing a 20 percent jump this week alone from Monday's low of the day, and news of the agreement to incorporate Star Trek IP into Pocket Starship's expansions is surely more good news for SPYR investors.

Let's face it -- the Star Trek franchise remains extremely popular even decades after the show first aired on television, so this was a brilliant deal to make on SPYR's part, and a deal that should gain its flagship game, Pocket Starships, even more players. After SPYR released news of the agreement with CBS Consumer Products, the Star Trek website verified the news on its own website (www.startrek.com). Later in the day, Star Trek tweeted out the news to its more than 327,000 Twitter followers (https://twitter.com/StarTrek), and Star Trek: The Next Generation posted the news to its more than 1.5 million followers on Facebook (https://www.facebook.com/StarTrekTheNextGeneration).

A quick search of the Internet yielded some interesting numbers relative to the Star Trek franchise. As of November 11, 2015, the entire Star Trek film franchise has grossed $1.24 billion at the box office domestically, $2.2 billion adjusted for inflation.

The Star Trek Beyond edition, released in 2016 has grossed a worldwide box office of $336 million, and domestic video sales of $35 million. The appropriate question isn't, "How much has it grossed?" It's "How much is it worth?" According to CNBC in 2006 -- the most current numbers we found -- Star Trek was worth, at that time, approximately $4 billion dollars.

Clearly these numbers indicate a vast audience of Star Trek fans, and combined with the growing market of mobile gaming, which is expected to cross the $130 billion threshold in the next three years, SPYR has likely created a winning combination in their partnership with CBS Consumer Products for licensing of the Star Trek intellectual property.

The Pocket Starships development team is already working on expansions of Pocket Starships to include the Star Trek IP, which SPYR expects will be released by the end of October 2017.

And according to the company, this means that in November players of Pocket Starships will be able to explore new sectors and engage in exciting battles with a certain assimilating Collective and will be able to staff their ships with their favorite Star Trek characters from the Star Trek TV series franchise (Star Trek: The Next Generation, Star Trek: Deep Space Nine and Star Trek: Voyager) through a trading card system expansion.

In yesterday's press release from SPYR, James R. Thompson, SPYR's CEO and President said, "We are very excited to announce that we have obtained a license to use Star Trek IP in Pocket Starships. Pocket Starships and Star Trek are a perfect fit, with both Pocket Starships and Star Trek celebrating a spirit of exploration and cooperation. We think that, Star Trek fans will enthusiastically embrace the new Star Trek-based content we will be adding to Pocket Starships. We are confident that with Pocket Starship's real-time, cross-platform MMO gameplay, together, CBS Consumer Products and SPYR can take Pocket Starships and Star Trek mobile games where no one has gone before."

Having recently restructured the company to focus exclusively on the mobile game development and production division, SPYR is clearly making solid business moves to increase the value of the Company. Management seems focused on their players and what is trending in the mobile gaming world, and is constantly striving to meet and exceed customer expectations.

About SmallCap Network
The SmallCap Network is one of the web's leading small cap stock trading communities. While large caps tend to receive the majority of media attention, small and micro cap stocks as well as penny stocks can often offer the most potential for investment gains. The SmallCap Network website and free newsletter offer in-depth fundamental research and technical trading recommendations on select small cap stocks, micro cap stocks, bulletin board stocks, and actively traded penny stocks, serving as an investor resource to better tap the full potential offered by such companies.

SEC Rule 17b Disclosure
The SmallCap Network is committed to providing our readers with useful information on publicly traded companies. The SmallCap Network sometimes contracts with third parties or publicly traded companies and receives compensation from them in the form of cash and sometimes restricted securities as payment for publishing information and opinions about the company and the trading market for their securities. Principals of the SmallCap Network may also purchase or sell securities of the companies in the open market from time to time. The positions that the SmallCap Network or its principals maintain in securities of the companies are disclosed within and should be considered when making an investment decision regarding companies mentioned on SmallCap Network. SmallCap Network may be deemed to have a conflict of interest between its open market activity and positions in these securities and the timing of and opinions expressed in its publications concerning these companies. The publications should not be considered to be independent publications concerning the company. SmallCap Network has been paid $10,000 and 200,000 restricted shares by SPYR, Inc. for market awareness and other advertising services on SPYR.

Many statements and opinions expressed herein are those of the editors and staff of SmallCap Network and are subject to change without notice. The site and its newsletter maintain editorial control over its publications and the companies profiled therein do not have any editorial rights concerning the information published about them. No information contained in our website, e-mail communications or our publications should be considered as a solicitation to purchase or sell any of the securities mentioned. SmallCap Network, its principals or employees are not registered investment advisors or a registered securities broker dealer. We do not undertake or represent to make investment recommendations or to give advice pertaining to the purchase or sale of the securities mentioned in our web site, e-mail communications or publications. While we believe all sources of information provided by us and contained in our publication to be accurate and reliable, we cannot and do not guarantee the accuracy of information we received from third parties. Furthermore, SmallCap Network has not independently verified such information provided within our publication.

SmallCap Network also employs contributors to help us manage and moderate our growing community. Their primary purpose is to keep our forum running smoothly and informatively for the benefit of its Members. They perform a variety of tasks, including acting as virtual liaisons and publishing information and opinions on select public companies or on behalf of certain third parties who have hired SmallCap Network for various market awareness services. These contributors also contribute to the various discussions throughout our community. They are free to contribute, or not contribute, as they see fit.

Some SmallCap Network Contributors may have investments in the stocks they discuss. All SmallCap Network employees and contractors -- are required to publicly disclose their current individual stock holdings at the end of an article they've written and in the appropriate area when referencing or discussing a stock they own.

It is also important to note, the SmallCap Network is not registered as a securities broker-dealer or an investment adviser either with the U.S. Securities and Exchange Commission or with any state securities regulatory authority. All statements and opinions expressed herein are those of the editors and contributors of SmallCap Network and are subject to change without notice. The SmallCap Network maintains editorial control over its publications and the companies profiled therein do not have any editorial rights concerning the information published about them. A profile, description, or other mention of a company at SmallCap Network is neither an offer nor solicitation of an offer to buy or sell any securities mentioned. While we believe all sources of information provided by us and contained in our publication to be accurate and reliable, we cannot and do not guarantee the accuracy of information we received from third parties. Furthermore, SmallCap Network has not independently verified such information provided within our publication.

Readers are encouraged to do their own due diligence before investing in any securities mentioned at SmallCap Network or within any of its publications. Investing in securities is speculative and carries a high degree of risk.

We encourage our readers to invest carefully and read the investor information available at the web sites of the Securities and Exchange Commission ("SEC") at http://www.sec.gov and/or the National Association of Securities Dealers ("NASD") at http://www.finra.org.

We also recommend that you read the SEC advisory to investors concerning Internet Stock Fraud, which can be found at: https://www.sec.gov/reportspubs/investor-publications/investorpubscyberfraudhtm.html. Readers can review all public filings by companies at the SEC's EDGAR page. The SEC has published information on how to https://www.sec.gov/investor/pubs/tenthingstoconsider.htm at its web site. The information found at SmallCap Network is protected by the copyright laws of the United States and may not be copied, or reproduced in any way without the expressed, written consent of The SmallCap Network.

For more information: www.smallcapnetwork.com

Contact Information