• Both additions to the advisory board will aid SPYR’s continued effort to identify and target acquisitions to grow in the industry and expand its product offering to consumers
• Mr. Teitelbaum’s experience as the senior board integrity manager of Jazzwares will help him leverage the resources necessary to facilitate growth and grow the brand
• Ms. Ellis is an avid HomeKit user and has experience working with data in her current role at the U.K. offices of Jaguar Land Rover

Technology company SPYR (OTCQB: SPYR), dba SPYR Technologies, and its subsidiary Applied Magix Inc., which develops and resells Apple(R) compatible products for the multibillion-dollar IoT (internet of things) smart home and car markets, has announced two recent additions to the company’s advisory board — Michael Teitelbaum and Siobhán Ellis. The two additions will aid in SPYR’s continued effort to identify and target acquisitions to grow its footprint in the industry and expand its product offering to consumers, including companies developing artificial intelligence (“AI”) and smart technology products.

Applied Magix’s CEO, Dr. Harald Zink, spoke on both of these additions to the company’s advisory board. “I’m genuinely excited to have Mike on our advisory board, offering us his expertise and experience. Mike’s experience in growing brands and creating growth by leveraging online resources will be invaluable on our Applied Magix journey,” Dr. Zink said (https://ibn.fm/5jEqu).

Mr. Teitelbaum is the senior brand integrity manager at Jazzwares. He stated that he was beyond excited to join the advisory board of Applied Magix. “I welcome the opportunity to share my expertise and experience and guide Applied Magix to new heights!”

About Ms. Ellis’s appointment, Dr. Zink said it was a great pleasure to see her on the board (https://ibn.fm/PriUg). “Siobhán has been a great help by sharing her HomeKit experience and technical insights ever since she reached out to us when our website first went live. … Siobhán will be essential as we reach out to more online influencers and look to merge and acquire more resources under the Applied Magix banner.”

Ms. Ellis lives in the U.K. and utilizes HomeKit products to make her home smarter, which presents challenges as her home was built in the 1850s. She currently works in the data office for Jaguar Land Rover in the U.K. “There are so few companies out there who concentrate on Apple’s HomeKit ecosystem, and too many that end up diluting their offering to be compliant with other platforms. I particularly appreciate that as I have made my own homes smart in the last few years, both in California and now the U.K.,” Ellis said. “This experience led me to write my own blog, on that continuing journey to help others who are just starting out. I am convinced that Applied Magix has the vision to bring products to market that solve some of the difficult aspects of home automation, without compromise.”

SPYR CEO Tim Matula also commented on Ms. Ellis’ appointment to the board, saying that her diverse background and focused experience complements the company’s philosophy. “Everyone here at SPYR is working as part of a cohesive team towards the same goal — building a better SPYR and bringing the best products and services to our customers.”

For product information, please see the Applied Magix website at https://AppliedMagix.com or specific product sites:

• MagixDrive Wireless CarPlay Adapter – https://AppliedMagix.com/MagixDriveBundle 
• HomeKit Secure Video Camera with iCloud Storage – https://AppliedMagix.com/HomeKitCamera
• Multipurpose Sensor with Alarm – https://AppliedMagix.com/HomeKitAlarmSensor 
• Environment and Motion Sensor – https://AppliedMagix.com/HomeKitMotionSensor 
• Window and Door Contact Sensor – https://AppliedMagix.com/HomeKitContactSensor 
• MagixBlock USB DataBlocker – https://AppliedMagix.com/MagixBlock 
• MagixCharge Dual USB-C Car Charger – https://AppliedMagix.com/MagixCharge

For more information about SPYR, visit the company’s website at www.SPYR.com.

NOTE TO INVESTORS: The latest news and updates relating to SPYR are available in the company’s newsroom at https://ibn.fm/SPYR

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