SPYR (OTCQB: SPYR), a diversified technology company developing products leveraging the Internet of Things (IoT) for consumer use and large-scale applications and industries, and its subsidiary GeoTraq, are reporting on the continued development of the revolutionary Micro-Tracker(TM) Modem; the company announced that preparations are being made for full-scale commercialization this year. The need for more accessible, better-designed solutions is clear from past studies, and GeoTraq is committed to providing solutions with its patent-protected technology. According to the announcement, many blue-collar companies in a variety of industries are overwhelmed by and apprehensive about all the decisions — including selecting hardware, gateways, wireless carriers, software applications, and integrations — needed to identify and implement an IoT solution to make their business more efficient and profitable GeoTraq works to simplify this process by incorporating many of the technology layers into a simple, easy-to-use modem device that comes preintegrated with wireless connectivity and useful applications. “The beauty of our solution is that the end user is shielded from most of the complexity of IoT technologies,” said GeoTraq chief technology officer Pierre Parent in the press release. “While we incorporate many state-of-the-art capabilities in our products, our goal is to manage the intricacies, so our customers don’t have to. We are driven by this concept. . . . There’s no longer a need to commit to a big, complex capital project and hope it provides tangible results in the end. Start off with an approach that is easy and grows along with your business needs. It almost pays for itself and is the most efficient way to go.”
To view the full press release, visit https://ibn.fm/HPCyF
About SPYR Inc.
SPYR Technologies is a technology company focused on the Internet of Things (“IoT”). Through its subsidiary GeoTraq business, SPYR develops and manufactures fully self-contained, ultra-small mobile IoT modules, including 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. For more information about this company, visit https://ir.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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