Introducing SPYR Technologies’ Acquisition, GeoTraq

Company Provides Open Letter from GeoTraq CTO, Pierre Parent

THE WOODLANDS, TX, June 28, 2022 (GLOBE NEWSWIRE) -- via NewMediaWire -- SPYR Technologies (OTC-BB:SPYR)(“SPYR” or the “Company”), a diversified technology company developing products leveraging the Internet of Things (Iot) for large scale applications and industries, is pleased to provide a shareholder update from Pierre Parent, Chief Technology Officer of its recent acquisition, GeoTraq.

GeoTraq develops and manufactures entirely self-contained and ultra-small Mobile IoT (Internet of Things) modules for asset tracking, location-based services, and sensor modules for remote monitoring. The modules are plug-and-play and include turnkey connectivity to cloud services via GeoTraq's proprietary cloud-based “WebTraq” platform. GeoTraq's mission is to provide “Simple IoT” at a low cost, with ease of deployment, ease of use, and plug-and-play functionality with no product development required of the customer.