OBJE: Phantasmic Submitted to Google Play for Approval
SARASOTA, Fla.--(BUSINESS WIRE)-- Obscene Interactive, the gaming division of OBJ Enterprises (OTCBB: OBJE), eagerly anticipates approval for Phantasmic, the debut gaming app from its development partner Novalon Games, to be distributed on the Google (NAS: GOOG) app market after its submission last week.
Google Play accounted for the majority of all downloads in the first quarter of 2013 with 6.8 billion, and it was second only to Apple's (NAS: AAPL) App Store in revenues. The app marketplace's popularity is growing rapidly thanks to the proliferation of smartphones and tablets using the Google Android operating system, which relies on Google Play to retrieve applications.
"The growth of the Google Play marketplace is astonishing, with no signs of slowing down anytime soon," said OBJE CEO Paul Watson. "When it's approved, Phantasmic will serve as our first point of entry into the marketplace as we work to build Novalon Games into a top-tier app development company."
Phantasmic is the first game to be created by Novalon Games, the developer founded by a joint venture between OBJE and Source Street. It was submitted for inclusion in the Apple App Store last month. It's the first of many products that the company has planned to build market share in a rising industry that pulled in $2.2 billion in revenues over the first three months of 2013 alone.
The game is built on the freemium distribution model, with a dazzling array of in-app purchase options to be included.
Obscene Interactive is working to deliver a wide range of innovative gaming products for the Apple App Store and Google Play platforms alongside companies such as Glu Mobile Inc. (NAS: GLUU) and The9 Limited (NAS: NCTY) .
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 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.
OBJ Enterprises, Inc.
Paul Watson, 941-952-5825
President and CEO
KEYWORDS: United States North America Florida
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