OBJE Enters Negotiations with Acquisition Targets

  OBJE Enters Negotiations with Acquisition Targets

Business Wire

SARASOTA, Fla. -- August 29, 2013

As OBJ Enterprises (OTCBB: OBJE) prepares for the release of Bluff Wars 2.0 on
the Apple (NASDAQ: AAPL) App Store, the company is moving aggressively to add
to its asset portfolio. This week, the company entered negotiations with game
developers targeted for acquisition.

In order to ramp up its mobile applications development stream in line with
projections, OBJE plans to use its existing partner network as a platform to
acquire up and coming development teams with existing game suites that can be
folded into the company’s own.

OBJE is currently in the midst of advanced negotiations regarding deal terms
and structure. Company CEO Paul Watson expects the first acquisition to be
completed in the coming weeks.

“We’re very excited about the release of Bluff Wars 2.0 as well as Phantasmic,
but these games are only the start for us,” Watson said. “By acquiring a
talented team of developers and the games they’ve already built, we expect to
ramp up our release schedule dramatically.”

OBJE is already building a robust portfolio of mobile applications by working
with developers such as FangTooth StudiosandNovalon Gamesto create and
distribute fun and engaging gaming apps. Phantasmic, the first game developed
in-house by OBJE and Novalon, began earning revenues the same day it was
released for Android devices this month.Bluff Wars2.0, a hilariously
addictive new word game, was submitted to the App Store earlier this week and
is expected to go on sale soon.

Obscene Interactive, OBJE’s gaming division, is working to deliver a wide
range of innovative gaming products for the Apple App Store and Google
(NASDAQ: GOOG) Play platforms alongside companies such as Glu Mobile Inc.
(NADAQ: GLUU) and Electronic Arts (NASDAQ: EA).

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, 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
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.

Contact:

OBJ Enterprises
Paul Watson, 941-952-5825
President and CEO
info@obsceneinteractive.com
 
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