Today, OBJ Enterprises (OTCBB: OBJE) announced the Company will allocate
additional funding resources to the creative team at Novalon
Games, the development house founded by the joint venture of OBJE’s
gaming subsidiary, Obscene
Interactive, and Source Street, LLC. Initial feedback on Novalon’s
debut release, Phantasmic, has been overwhelmingly positive
leading the company to invest more in future developments.
Phantasmic, the first of two brand new iOS gaming apps, is
scheduled for release in 2013. As anticipation builds leading up to the
debut, the influx of resources will allow the company to develop more
hot new games to capitalize on the boom in mobile gaming applications.
According to recent figures by the analytics firm Flurry, mobile apps
for Apple (NASDAQ: AAPL) iPhone and iPad as well as Google (NASDAQ:
GOOG) Android devices generated about $10 billion in revenue during 2012
— an incredible 80 percent of which came from gaming apps.
“Additional funding will allow Novalon to be proactive with additional
features and new games,” said OBJE CEO Paul Watson. “The company is
growing very quickly, just as we envisioned it would.”
Beta testing for Phantasmic is scheduled to begin this month.
Obscene Interactive is a division of OBJ Enterprises, Inc. that is
working to develop innovative products to service the
fast-growing social gaming sector alongside companies such as Glu Mobile
Inc. (NASDAQ: GLUU) and Majesco Entertainment Co. (NASDAQ: COOL).
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 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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