OBJE's New Google Play App Earns First Revenue
SARASOTA, Fla.--(BUSINESS WIRE)-- OBJ Enterprises (OTCBB: OBJE) and its partners are proud to announce that Phantasmic, the first mobile gaming app developed by Novalon Games, is now earning revenue on Android's Google Play app market.
Phantasmic is the first game submitted to the popular app market by Novalon, the game developer founded by a joint venture between OBJE and Source Street. Featuring a sharp, stylish steampunk environment, the fast and furious game is the first of many revenue-generating products that the company has planned to build market share in an industry that pulled in $2.2 billion over the first three months of 2013 alone.
To purchase and review Phantasmic, please visit https://play.google.com/store/apps/details?id=com.PhantasmicBeta.NovalonGames.
The game's inclusion on the popular app market is a major victory for Obscene Interactive, OBJE's gaming division. 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 (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.
"We expect strong, continued growth from the Google Play network as Android devices grow in popularity," said OBJE CEO Paul Watson. "Phantasmic will help bring in revenues while Novalon focuses on new projects that will continue building Novalon Games into a top-tier app development company."
In addition to Phantasmic, the company is nearing the release of Bluff Wars 2.0, the hilariously addicting game developed in partnership with FangTooth Studios. 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 Electronic Arts (NAS: EA) , 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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