DENVER, CO--(Marketwired - April 16, 2015) - SPYR INC. (OTCQB: SPYR), a holding company with wholly-owned subsidiaries in the digital publishing and advertising industry, the mobile game and app development industry, and the food service industry, today announced that the first mobile game from its subsidiary, SPYR APPS, LLC., has been completed.  The name of the game will be announced upon its release.

The game, which requires players to "shoot" a colored "puck" past increasingly difficult obstacles into its matching "goal," takes users on a fun, fast-paced journey through 48 challenging levels of action puzzle excitement.  With more levels to be added regularly, the fun never ends.  The gameplay should appeal to players of all ages and abilities and its addictive nature makes it hard to put down.  Initially, the game will be released for iOS devices with an Android version to soon follow.

Within the game, players will either need to earn enough points in each level to unlock the next or they can open new levels via in-app purchases.  Mobile advertising and in-app purchases should allow SPYR APPS to enjoy good revenue from the game and healthy margins very early on.  At launch, SPYR APPS will begin an aggressive marketing campaign to quickly generate interest in the game and attract players from all over the world.  Language barriers are not an issue during gameplay, which should dramatically increase the game's acceptance by a global audience.

Jim Thompson, CEO of SPYR, Inc. comments, "With the creation of SPYR APPS and the quick launch of our first game, anticipated by the end of this quarter, SPYR will enter the mobile game marketplace.  We are looking forward to an exciting and profitable future in mobile games and apps with this game being only the beginning."

About SPYR, INC.

SPYR, INC. is a holding company that through its wholly-owned subsidiary, Franklin Networks, Inc., is engaged in digital publishing and advertising operations, and through its wholly-owned subsidiary SPYR Apps, LLC, is engaged in mobile application and game 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 expand its holdings, to drive and increase revenue and to generate profits and build value for shareholders.

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Contact Information:

Investor Relations Contact:
Marlin Molinaro
Marmel Communications, LLC
(702) 434-8692