SPYR Technologies’ Applied Magix Considers Expanding Into LED Smart Home Lighting Products

THE WOODLANDS, Texas, May 03, 2022 (GLOBE NEWSWIRE) -- via InvestorWire – SPYR Technologies (“SPYR”), a technology company whose subsidiary, Applied Magix, Inc., develops and resells Apple® ecosystem compatible products in the growing multibillion-dollar smart home and connected car markets, investigates adding to its regular slate of HomeKit smart home products with the MagixLux LED lighting line of HomeKit smart LED lighting products.

“The items that we mostly take for granted, and which have the most impact in our smart homes, are, quite simply, the light bulbs. Many people just assume that lights will turn on when they flip the light switch, but few consider how much smarter your lighting can be," said Applied Magix CEO Dr. Harald Zink. “There are a number of good LED lightning products already on the market - many of which we recommend - but I felt that we can round out our product line by offering HomeKit compliant LED lighting bulbs and atmosphere-enhancing LED light strips to complement the various HomeKit sensors we are already offering.”

“While ‘light bulbs’ doesn’t sound very exciting at first, these are the sort of products that can complement existing orders and help to fill up our customers’ shopping carts,” states Tim Matula, chief executive officer of SPYR Technologies. “As such, Harry and Team Magix are searching to find just the right manufacturer to add to our roster of HomeKit compatible vendors and I look forward to an ever-growing products line, once the search narrows down finalists.”

These products are currently only in consideration, and Applied Magix doesn’t discuss future products or services, even really exciting ones, but keep checking SPYR and Applied Magix’s websites and press releases for news about developments and products.

Learn more about Applied Magix by visiting the company’s website at https://AppliedMagix.com.

Investors can learn more about SPYR at https://ir.spyr.com/.

TrendForce 2022 Global LED Lighting Market Analysis - 1H22

Release Date: February 11, 2022

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