OBJE Seeks Out New Publishing Deals to Capitalize on $6 Billion Social
SARASOTA, Fla. -- April 03, 2013
With market analysts predicting that the social gaming development industry’s
revenue will reach $6 billion this year, Obscene Interactive, the gaming
division of OBJ Enterprises (OTCBB: OBJE), is working to capitalize on that
growth by pursuing new publishing deals with indie developers poised to
reinvent the gaming industry with hot new titles.
According to a recent report by analysts IBISWorld, the social gaming
industry’s revenue has grown by 184.3 percent per year on average during the
past five years, making it one of the best sectors for startups in a global
video game market expected by some experts to reach nearly $120 billion in
As part of its new initiative to build market share in this fast-growing
industry, OBJE is working to forge new agreements to publish, distribute and
market promising new games by indie developers, offering more equitable deals
than the industry’s dominant players. Last week, the company signed a letter
of intent to help market and develop Bluff Wars, a hysterical social game
created by Texas-based indie developers FangTooth Studios.
In addition, OBJE is targeting the $9 billion mobile gaming app industry with
its own free-to-play mobile games in partnership with Novalon Games, the
developer founded by a joint venture between OBJE and Source Street. Test
versions of its first two games, Stupid Pixels and Phantasmic, can be played
online at www.novalongames.com.
“We envision Bluff Wars and the games developed by our partner Novalon to be
only the beginning,” said OBJE CEO Paul Watson. “Social gaming is a very
hit-driven business, and we’re looking for potential hits that we can help
deliver to a booming marketplace of users.”
Obscene Interactive is a division of OBJ Enterprises, Inc. that is working to
develop innovative gaming products for the Apple (NASDAQ: AAPL) App Store and
Google (NASDAQ: GOOG) Play platforms alongside companies such as Glu Mobile
Inc. (NASDAQ: GLUU) and The9 Limited (NASDAQ: NCTY).
Follow OBJ Enterprise on Twitter atwww.twitter.com/OBJEnterprises.
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,
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
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