SPYR Technologies

OTCQB: SPYR

SPYR Technologies

Symbol: OTCQB: SPYR

  • Outstanding Shares: 469,130,786 (as of 03/22/2023)
  • Float: 100,526,978 (as of 01/25/2022)

www.spyr.com

Solutions for Smart Homes, Connected Car Markets and Mobile IoT Tracking Modules

SPYR Technologies (OTCQB:SPYR) is a technology company focused on IoT, or the Internet of Things. Through its subsidiary Applied Magix Inc., SPYR develops and resells Apple® ecosystem compatible products, with an emphasis on the growing multibillion-dollar IoT smart home and connected car markets. Through its GeoTraq business, SPYR develops and manufactures fully entirely self-contained, ultra-small Mobile mobile IoT (Internet of Things) modules: Trackertracker-M modules for asset tracking and location-based services, and Sensorsensor-M modules used for remote monitoring. SPYR continues to identify and target acquisitions that will grow its footprint in the industry and expand the products it offers consumers, including companies developing artificial intelligence (AI) and smart technology products.

GeoTraq

On May 31, 2022, SPYR entered a material definitive agreement to acquire GeoTraq, Inc., which is a Mobile IoT module manufacturer and connectivity provider. GeoTraq offers asset tracking and remote monitoring through Mobile IoT modules with global connectivity. GeoTraq Mobile IoT modules report location data with the ability to measure variables from external sensors, such as temperature, flow, pressure, humidity, motion, acceleration and more. The modules transmit data for scheduled reports or trigger-based event alerts. GeoTraq technology is designed to streamline business processes and increase operational efficiency to drive ROI and solve real business challenges.

Lost assets cost money, and lots of it. In addition, asset loss is also costly in terms of time, labor, and even creditability. Invariably, the problem crosses all sectors, from overseas medical device manufacturers to national and local furniture retailers which lose upwards of $5 million annually during overland shipments. Reports indicate that the industry is on its way to 267 million active RFID and by 2027 covering industrial automation, logistics, supply chain, agriculture, construction, mining and related markets.

With its recent refinement and completion of its state-of-the-art product line, GeoTraq firmly believes it offers the most robust suite of Mobile IoT Modules for Asset Tracking that go virtually anywhere, track almost anything and eliminate some of the most significant barriers to deployment.

Vehicles, parts, boxes, pallets, people, equipment, furniture, etc, and GeoTraq Mobile IoT modules can now be tracked globally and affordably. GeoTraq’s penny-sized Tracker-Modules can report location data as well as sensor information using NB-IoT and LTE-M technology anywhere there is cellular coverage.

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GeoTraq’s patented technology intelligently transmits small packets of data at scheduled times or for trigger-based events – such as your asset entering or leaving a geofence, or dangerous temperatures thresholds. Almost any type of sensor can be attached to our modules, bringing unparallelled flexibility to the implementation of asset tracking solutions. The global costs of lost assets are staggering – but an IoT asset tracking solution needn’t be. GeoTraq IoT modules for asset tracking power solutions you can rely on for security and speed, at a cost that can drive true ROI across the supply chain.

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EMC has been paid $600,000 by SPYR, Inc. | Please read our full disclaimer

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