OBJE Targets August Launches into Exploding Market
SARASOTA, Fla.--(BUSINESS WIRE)-- With the mobile app market projected to skyrocket to $65 billion, OBJ Enterprises, Inc. (OTCBB: OBJE), in conjunction with partners Novalon Games and FangTooth Studios, is poised for an August launch of a pair of innovative games into that exploding marketplace.
As Creature Tavern and Bluff Wars 2.0 prepare for launch, Juniper Research forecasts the mobile app market will extend to $65 billion by 2016, a significant increase from the $45 billion valuation for this year. Juniper Research also expects mobile apps to easily surpass the 80 billion downloads estimate for 2013, accelerating to 160 billion downloads by 2017.
"The launch of these two new games comes at an incredible time, aligned with the explosion of mobile app sales and distribution," OBJE CEO Paul Watson said. "Additionally, Creature Tavern and Bluff Wars (2.0) will target two complementary sets of users, from the casual player to the competitive, engaged gaming enthusiast."
OBJE and its partners are working relentlessly to deliver a wide range of innovative gaming products for the Apple (NAS: AAPL) App Store and Google Play (NAS: GOOG) platforms alongside companies such as Glu Mobile Inc. (NAS: GLUU) and The9 Limited (NAS: NCTY) .
Obscene Interactive is looking to earn investors a share of the ever-expanding mobile gaming app market that is approaching $10 billion in revenues since the Apple (NAS: AAPL) App Store's inception. Google Play (NAS: GOOG) has over 500 million app downloads and is expected to surpass the 50-billion download mark recently eclipsed by the Apple App Store.
About Obscene Interactive
Obscene Interactive, a subsidiary of OBJ Enterprises, Inc. (OBJE), is an emerging global developer of social gaming applications. OBJE's cutting-edge technology platform enables its titles to be accessible to a broad audience of consumers all over the world, supporting multiple platforms for universal appeal. Obscene Interactive is focused on delivering the best in social gaming solutions to the mass market.
For investment information and performance data, please visit www.ObsceneInteractive.com/investors.html.
Notice Regarding Forward-Looking Statements
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: This news release contains forward-looking information within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, including statements that include the words "believes," "expects," "anticipate" or similar expressions. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of the Company to differ materially from those expressed or implied by such forward-looking statements. In addition, description of anyone's past success, either financial or strategic, is no guarantee of success. This news release speaks as of the date first set forth above and the Company assumes no responsibility to update the information included herein for events occurring after the date hereof.
Paul Watson, 941-952-5825
President and CEO
KEYWORDS: United States North America Florida
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