|[December 16, 2013]
OBJE Closes in on Game Licensing Agreement
SARASOTA, Fla. --(Business Wire)--
With industry analysts predicting that the worldwide video game industry
will grow to a value of more than $100 billion next year, OBJ
Enterprises (OTCBB: OBJE) is working to capture an increasing market
share by signing a new deal to license and develop hot new mobile titles.
The company is close to signing a partnering agreement with Corv
Studios to produce and publish fun and engaging new gaming apps for
smartphones and tablets. If and when an agreement is reached, the
partners would publish the games under OBJE's Novalon
OBJE has made expanding its slate of mobile games the company's top
priority for 2014, spurred by the incredible growth of the marketplace
this year. According to industry analyst Gartner (News - Alert), Inc., the worldwide
video game marketplace grew from $79 billion in 2012 to $93 billion this
year. Mobile games are the fastest-growing segment of the market, with
the analyst predicting that revenue will nearly double by 2015 from
$13.2 billion this year to $22 billion.
OBJE is working to build robust portfolio of engaging new content to
capitalize on the explosion in gaming across the globe. The company
earned its first revenues this year by releasing new games including Phantasmic
and Bluff Wars 2.0, with Novalon's latest title, Creature
Tavern, hitting the Google (News - Alert) Play app market last week-just in
time for the holiday buying season, when more apps are purchased than at
any other time of the year.
Through its gaming division, Obscene Interactive, OBJE is working to
deliver many more innovative gaming products for the Apple (News - Alert) (NASDAQ:
AAPL) App Store and Google (NASDAQ: GOOG) Play market alongside
companies such as Glu Mobile Inc. (NASDAQ: GLUU) and The9 Limited
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.html.
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