SPYR To Add Star Trek™ IP To Pocket Starships Game

DENVER, June 8, 2017 /PRNewswire/ -- SPYR, INC. (OTCQB: SPYR), a holding company with a wholly owned subsidiary in the mobile game & app development and publishing industry, today announced that it has signed a licensing agreement with CBS Consumer Products that will allow the incorporation of intellectual property (IP) from various Star Trek television series in future updates to and expansions of Pocket Starships.

Pocket Starships STAR TREK TM Borg Invasion © 2017 Spyr, Inc. & Spectaclegames, Inc. STAR TREK TM & © 2017 CBS Studios Inc. © 2017 Paramount Pictures Corp. STAR TREK and related marks and logos are trademarks of CBS Studios Inc.  All Rights Reserved.

The Pocket Starships development team is already working on expansions of Pocket Starships to include the Star Trek IP, which SPYR expects will be released by the end of October of 2017. This means that in November, Pocket Starships players will be able to explore new sectors and engage in exciting battles with a certain assimilating Collective and will be able to staff their ships with their favorite Star Trek characters from the Star Trek TV series franchise (Star Trek: The Next Generation, Star Trek: Deep Space Nine and Star Trek: Voyager) through a trading card system expansion. 

James R. Thompson, SPYR's CEO and President states, "We are very excited to announce that we have obtained a license to use Star Trek IP in Pocket Starships. Pocket Starships and Star Trek are a perfect fit, with both Pocket Starships and Star Trek celebrating a spirit of exploration and cooperation. We think that Star Trek fans will enthusiastically embrace the new Star Trek-based content we will be adding to Pocket Starships. We are confident that with Pocket Starship's real-time, cross-platform MMO gameplay, together, CBS Consumer Products and SPYR can take Pocket Starships and Star Trek mobile games where no one has gone before."

About SPYR

SPYR, INC. is a holding company that through its wholly owned subsidiary SPYR APPS, LLC, is engaged in mobile application and game publishing and development. SPYR, INC. also owns and operates an "American Diner" theme restaurant located in the Philadelphia International Airport in Philadelphia, Pennsylvania called "Eat at Joe's®" through its other wholly-owned subsidiary, E.A.J.: PHL Airport Inc. The Company is currently exploring opportunities for additional acquisitions in these and other verticals, including mobile application and game development, in order to expand its holdings, to drive and increase revenue and to generate profits and build value for shareholders.

Safe Harbor Statement:

This release contains forward-looking statements that are based upon current expectations or beliefs, as well as a number of assumptions about future events. Although we believe that the expectations reflected in the forward-looking statements and the assumptions upon which they are based are reasonable, we can give no assurance or guarantee that such expectations and assumptions will prove to have been correct. Forward-looking statements are generally identifiable by the use of words like "may," "will," "should," "could," "expect," "anticipate," "estimate," "believe," "intend," or "project" or the negative of these words or other variations on these words or comparable terminology. The reader is cautioned not to put undue reliance on these forward-looking statements, as these statements are subject to numerous factors and uncertainties, including but not limited to: adverse economic conditions, competition, adverse federal, state and local government regulation, international governmental regulation, inadequate capital, inability to carry out research, development and commercialization plans, loss or retirement of key executives and other specific risks. To the extent that statements in this press release are not strictly historical, including statements as to revenue projections, business strategy, outlook, objectives, future milestones, plans, intentions, goals, future financial conditions, events conditioned on stockholder or other approval, or otherwise as to future events, such statements are forward-looking, and are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. The forward-looking statements contained in this release are subject to certain risks and uncertainties that could cause actual results to differ materially from the statements made. Readers are advised to review our filings with the Securities and Exchange Commission that can be accessed over the Internet at the SEC's website located at https://www.sec.gov, as well as SPYR's website located at https://www.spyr.com, and SPYR's community channel on Twitter located at https://twitter.com/spyrinc.

Investor Relations Contact:

Marlin Molinaro

Marmel Communications, LLC

(828) 669-0616



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Released June 8, 2017