|By Business Wire||
|March 26, 2014 05:00 AM EDT||
With representatives at SXSW Interactive in Austin last week and the Game Developers Conference in San Francisco this week, OBJ Enterprises (OTCBB: OBJE) is scouting new breakthroughs in wearable technology that can potentially be used to create a new generation of interactive gaming applications.
“Dating back to last year’s Cloud Gaming Conference, we’ve seen an explosion of interest in wearable technology from Google (NASDAQ: GOOG) Glass to baby monitoring systems,” said OBJE CEO Paul Watson. “This is the direction that mobile games are heading in, and we plan to be a leader in this new movement.”
OBJE has already begun to leverage wearable tech by a signing a letter of intent to license innovative biofeedback technology for use in its growing suite of mobile gaming applications. Flying Mollusk, LLC, has developed a breakthrough biofeedback technology that connects players to gaming devices via heart-monitoring sensors, which can then adapt gameplay to suit or challenge gamers’ stress levels. It’s a major innovation with the potential to erase traditional limits on games’ interactivity.
With global spending on gaming apps tripling in 2013 to $16 billion, OBJE is working to partner with up-and-coming game development innovators such as Flying Mollusk to create groundbreaking properties capable of capturing a big slice of the fast-growing industry.
Through its gaming division, Obscene Interactive, OBJE is working to deliver new and innovative gaming products for the Apple (NASDAQ: AAPL) App Store and Google Play market alongside companies such as Glu Mobile Inc. (NASDAQ: GLUU) and The9 Limited (NADAQ: NCTY).
About Obscene Interactive
Obscene Interactive, a subsidiary of OBJ Enterprises, Inc. (OBJE), is an emerging global developer of mobile applications for smartphones and tablet computers. OBJE is building a portfolio of popular gaming titles crafted to appeal to a broad audience of consumers all over the world, supporting multiple mobile platforms for maximum marketing value. Obscene Interactive is focused on delivering the best in social gaming solutions to a mass market in order to capitalize on the rapid expansion of the mobile app marketplace.
For investment information and performance data, please visit www.ObsceneInteractive.com/investors.
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 future 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.
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