|[January 30, 2014]
OBJE: Mobile Gaming's Big Growth Set to Continue
SARASOTA, Fla. --(Business Wire)--
Obscene Interactive, the gaming division of OBJ Enterprises (OTCBB:
OBJE), is forging ahead with new game licensing and development deals
after the latest round of encouraging data from 2013 was released
earlier this month.
Market intelligence firm SuperData recently reported that the digital
games market in the U.S. continued its trend of strong growth in 2013,
rising 11 percent in sales from $10.6 billion a year in 2012 to $11.8
billion last year. The mobile games segment, in particular, enjoyed
tremendous growth, with spending growing 28 percent from $1.9 billion in
2012 to $2.8 billion in 2013.
In December, mobile games set a new record with $317 million in monthly
aggregate sales, according to SuperData.
That's exciting news for OBJE, which is readying new gaming products for
the marketplace in 2014 to capture a growing share of the industry's
phenomenal growth. In addition to developing its own titles, the company
is currently in talks with game-maker Corv Studios about
potentially licensing Pac-Ball, a
title that has already surpassed 1.5 million downloads across the Google (News - Alert)
(NASDAQ: GOOG) Play and Amazon Apps stores. OBJE believes it has
identified new ways to improve the application and optimize revenues.
The company is working to build a robust portfolio of engaging new
content to capitalize on the explosion in gaming across the globe. The
compan earned its first revenues last year by releasing new games
including Phantasmic, Bluff
Wars and Creature
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 Play market alongside companies such as Glu
Mobile Inc. (NASDAQ: GLUU) and The9 Limited (NASDAQ: 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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