Mobile Games Publisher SPYR Forms Finnish Subsidiary To Expand Its Business
Former Rovio Games Producer Anastasios Katopodis to Act as Production Director in Helsinki
Denver/Helsinki March 2nd, 2016 – SPYR, INC. (OTCQB: SPYR), a holding company with fully owned subsidiaries in the mobile game, app development and publishing industry, today announced that it has formed a new wholly owned subsidiary in Finland, SPYR APPS Oy, to expand its mobile games publishing business. Former Rovio Executive Producer, Anastasios Katopodis, is heading the operations in Helsinki as Production Director. Mr. Katopodis will be responsible for the monetization and performance of SPYR’s mobile games and will assist in the acquisition of mobile games and services for SPYR’s wholly owned subsidiary, SPYR APPS Oy.
“Finland is a hotbed of activity in the mobile games world, with Helsinki being the location of top mobile games companies,” Paul Thind, Managing Director of Games and Applications at SPYR comments. “We formed SPYR APPS Oy for the purpose of continuing to expand our digital media presence into the multi-million dollar mobile app industry. SPYR APPS is already working with SuperPlus Games, a Finnish game studio formed by a team of ex-Angry Birds developers. Their debut tile Retro Shot was co-published for Android and iOS devices on February 25th.”
“At Rovio I was in charge of producing, operating, launching, marketing and monetizing several web and mobile games, with many millions of downloads and a very successful financial return,” Anastasios Katopodis comments. “Now at SPYR I’m excited to offer my experience and vision on how to produce and organize the company’s in-house titles as well as anticipated third-party titles.”
SPYR APPS Oy business operations started in February, and the company is looking to publish interesting and unique mobile game projects globally.
About SPYR APPS, OY
SPYR APPS, Oy is a wholly owned subsidiary of SPYR, INC., a Nevada (U.S.) corporation, whose common stock is publicly traded on the OTC Markets Exchange (http://www.otcmarkets.com/) under the symbol “SPYR”. SPYR APPS, Oy is engaged in mobile application and game publishing and development.
About SPYR, INC.
SPYR, INC. is a holding company, which through its wholly owned subsidiaries is engaged in a variety of different businesses. SPYR, INC. is constantly exploring opportunities to expand its holdings in current and new business lines, including game publishing and development.
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