OBJE Gaming App Begins Beta Testing for $86 Billion Market
SARASOTA, Fla.--(BUSINESS WIRE)-- Beta testing has begun on Creature Tavern, the exciting new gaming app being developed by Obscene Interactive, the gaming division of OBJ Enterprises, Inc. (OTCBB: OBJE) in conjunction with Novalon Games. The much-anticipated Creature Tavern leads OBJE's pursuit of a share of the potentially lucrative global gaming market, which is expected to reach $86.1 billion by 2016.
The mobile gaming app market has never been hotter, as mobile gadgets such as smartphones and tablets are expected to continue their ascent while the demand for portable gaming consoles declines. Combined, mobile gadgets will take a 27.8 percent share of the global gaming market by 2016, up nearly 10 percentage points compared to this year.
Creature Tavern is the latest product designed by OBJE to potentially earn investors a share of the more than $9 billion in revenues pulled in by app developers since the Apple App Store's inception. It's a strategy and time management game that gives players the enticing challenge of serving angry and exotic monsters as well as trolls and goblins in a medieval tavern, taking care to earn as much money as possible as the characters circulate in and out of the watering hole.
The downloadable app gives OBJE and its partners an undeniable presence in the thriving gaming market.
Obscene Interactive is working 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) .
About Obscene Interactive
Obscene Interactive, a subsidiary of OBJ Enterprises, Inc. (OTCBB: 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
The article OBJE Gaming App Begins Beta Testing for $86 Billion Market originally appeared on Fool.com.
Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
Copyright © 1995 - 2013 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.