NEW YORK, NY, April 5, 2021 (GLOBE NEWSWIRE) - SPYR Technologies (OTC Pink: SPYR) and its wholly owned subsidiary, Applied MagiX, have made Apple^® HomeKit^® smart home products available for purchase at the end of last week with a new website launched and an online store at https://appliedmagix.com and https://appliedmagix.com/shop. We also learned from SPYR that the company is moving to implement additional distribution channels such as Amazon, the most visited e-commerce property in the US, with over 2 billion global visitors each year.

Applied MagiX is an Apple registered developer, which was acquired by SPYR Technologies in late 2020. The company develops and resells products compatible with Apple ecosystems, with a focus on the growing billion-dollar smart home market and, while continuing to -Developing its own signature brand of smart home products and accessories, the company has chosen to start generating revenue right now with products from trusted technology partners, including Onvis.

Buying Apple HomeKit products is easy with the new Applied MagiX online store, and it's no better time to join the smart home craze that's sweeping the world today than with the company's highly competitive introductory prices for the top 4 home products. intelligence. :

Applied MagiX introduces the "Onvis C3 HomeKit Secure Camcorder" for $ 59.99 (the same product is listed on Amazon for $ 89.99). https://appliedmagix.com/shop/onvis-c3-camera

The SPYR subsidiary offers the "Onvis SMS1 Multifunction Smart Sensor" (medium and motion) for $ 19.99 on its web store (the same product is listed on Amazon for $ 24.99). https://appliedmagix.com/shop/onvis-sms1-homekit-motion-sensor

The "Onvis CS1 Multifunction Smart Alarm Sensor" is available for $ 19.99 at Applied MagiX (the same product is listed on Amazon for $ 31.99). https://appliedmagix.com/shop/onvis-cs1-smart-sensor-alarm

Finally, smart home enthusiasts and newcomers will find the "Onvis CT2 door / window contact sensor" listed for $ 15.99 at Applied MagiX (same product sells for $ 19.99 to $ 34). $ 99 on Amazon). https://appliedmagix.com/shop/onvis-door-window-contact-sensor-ct2

The story continues

While these 4 "essential HomeKit products" are the first that Applied MagiX presents to the public, they will certainly not be the last. Even more Apple HomeKit products and accessories are on the way, and the company will also launch the Apple Watch^® accessories and Apple CarPlay^® products and accessories as well. We expect Applied MagiX to soon populate its online store and other distribution channels with its extensive range of sourced items.

"This strategy of reselling verified products will allow us to start generating revenue and take a step closer to profitability as we develop our own patented Apple HomeKit products to be launched on the market," said Dr. Harald Zink, CEO of Applied MagiX.

The SPYR subsidiary approach saves the company time, while creating capital for SPYR, to bring to market its own signed line of Apple HomeKit products and accessories, which should include a number of smart home items with larger tickets, which will likely generate even higher revenues for both companies.

SPYR CEO James R. Thompson agrees: “The importance of SPYR / Applied MagiX to create revenue-generating opportunities with the initial products the company will order and sell is to start the cash flow as Applied MagiX is building its mixed sales infrastructure and product to prepare us to meet the demand we anticipate for our proprietary products that we intend to introduce later in the year. ”

Read SPYR Technologies' press releases at https://www.nasdaq.com/market-activity/stocks/spyr/press-releases

About SPYR Technologies

SPYR Technologies is a technology company that, through its subsidiary, Applied MagiX Inc., develops and resells Apple^® ecosystem-friendly products, with a focus on the growing multi-billion dollar smart home market. SPYR continues to identify and target purchases that will increase its footprint in the industry and expand the products it offers to consumers, including companies that develop artificial intelligence products and smart technology.

About Applied MagiX, Inc.

Applied MagiX is an Internet of Things (IoT) company based in Manhattan Beach, California, with an office in Hong Kong. The company is registered with Apple^® developer who develops and resells products compatible with Apple ecosystems, with a focus on the growing, multi-billion dollar smart home market.

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