| By Business Wire | Article Rating: |
|
| January 2, 2013 05:00 AM EST | Reads: |
587 |
Early feedback on Phantasmic has exceeded expectations, and OBJ Enterprises (OTCBB: OBJE) expects the trend to continue as its debut gaming app for Apple (NASDAQ: APPL) devices begins beta testing in January.
Phantasmic is the first of two brand new iOS gaming apps scheduled for release in 2013 by Novalon Games, the gaming developer founded by the joint venture of Obscene Interactive and Source Street, LLC.
“It’s a very addictive gaming experience,” said OBJE CEO Paul Watson. “Those of us who have played Phantasmic are very eager to get it into the hands of consumers. Completing beta testing will be a solid first step.”
Phantasmic and other new games will be built on the increasingly popular free-to-play model, meaning the games will be free to download and use. The Company will achieve monetization through in-app purchases of power-ups and other specialty items.
According to recent figures by the analytics firm Flurry, mobile apps for Apple 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. Gaming apps dominate all other mobile categories, with users spending 43 percent of their app time on games.
OBJE hopes to announce its second iOS title before the end of the year. The Company is concurrently developing Wayfarers, a sophisticated social media roleplaying game, for release in 2013, too.
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), The9 Limited (NASDAQ: NCTY) and Majesco Entertainment Co. (NASDAQ: COOL).
Follow OBJ Enterprise on Twitter at www.twitter.com/OBJEnterprises.
About Obscene Interactive
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.
Published January 2, 2013 Reads 587
Copyright © 2013 SYS-CON Media, Inc. — All Rights Reserved.
Syndicated stories and blog feeds, all rights reserved by the author.
More Stories By Business Wire
Copyright © 2009 Business Wire. All rights reserved. Republication or redistribution of Business Wire content is expressly prohibited without the prior written consent of Business Wire. Business Wire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.
- Cloud People: A Who's Who of Cloud Computing
- Cloud Expo New York Speaker Profile: Dave Linthicum – Cloud Technology Partners
- Cloud Expo New York Speaker Profile: Jill T. Singer – Federal CIO Emeritus
- New Relic Q1 2013 Blazes Past Growth Targets and Reaches 40,000 Active Customer Accounts
- CollabNet and UC4 Announce General Availability of Joint Enterprise DevOps Platform
- How Can Green Web Hosting Benefit Your Business?
- Big Data Isn’t About the Database, It’s About the Application
- Session Topics: 12th Cloud Expo / Cloud Expo New York
- BEA Updates WebLogic SOA Portal for Web 2.0 Era
- UNIT4 Business Software: Three Retail Accounting Tips to Help Retailers Leverage the Cloud and Back Office Systems
- Cloud Expo NY: Best Practices for Architecting Your Cloud Infrastructure
- The Rise of the Thin Client
- Cloud People: A Who's Who of Cloud Computing
- Cloud Expo New York Speaker Profile: Dave Linthicum – Cloud Technology Partners
- Cloud Expo New York Speaker Profile: Jill T. Singer – Federal CIO Emeritus
- Enterasys Spotlights SDN's Impact on Traditional Networking in Upcoming Webinar
- New Relic Q1 2013 Blazes Past Growth Targets and Reaches 40,000 Active Customer Accounts
- CollabNet and UC4 Announce General Availability of Joint Enterprise DevOps Platform
- How Can Green Web Hosting Benefit Your Business?
- Big Data Isn’t About the Database, It’s About the Application
- Upcoming Bloomberg BNA Webinar Focuses on COPPA Compliance
- NASA's Twitter Account Wins Back-To-Back Shorty Awards
- Session Topics: 12th Cloud Expo / Cloud Expo New York
- Cloud Expo New York: Basics of SSD Technology and Its Use in Cloud
- The Top 150 Players in Cloud Computing
- Who Are The All-Time Heroes of i-Technology?
- Where Are RIA Technologies Headed in 2008?
- Success, Arrogance, Rise and Fall
- AJAX World RIA Conference & Expo Kicks Off in New York City
- Personal Branding Checklist
- The Top 250 Players in the Cloud Computing Ecosystem
- i-Technology Viewpoint: Attack of the Blogs
- Exclusive Q&A with Jeff Haynie, Co-Founder & CEO, Appcelerator
- Web 2.0 News and Wrapping Up "Real-World AJAX" Seminar
- Passing Parameters to Flex That Works
- i-Technology Viewpoint: It's Time to Take the Quotation Marks Off "Web 2.0"




















