Slyce Inc.
TSX VENTURE : SLC
FRANKFURT : 06O1

Slyce Inc.

October 28, 2014 07:30 ET

Neiman Marcus Partners with Slyce to Introduce Single-tap Visual Search Technology Revolutionizing Luxury Shopping with 'Snap. Find. Shop.'

DALLAS, TEXAS--(Marketwired - Oct. 28, 2014) -

Editor's Note: There is a photo and a video associated with this press release.

The preeminent luxury fashion retailer Neiman Marcus (NMG) today announced the launch of a new 3-D visual fashion search and purchase feature named Snap. Find. Shop. This highly anticipated arrival of next-generation real-world shopping experiences is now available on the Neiman Marcus app, powered by leading mobile visual search firm Slyce (TSX VENTURE:SLC) available for download from the US iTunes app store for use on iPhones.

The state of the art visual search technology allows NM app users to simply snap an image of fashion items and instantly be provided with all close matching products currently available from www.neimanmarcus.com. First to market in the luxury sector, Neiman Marcus offers users visual search from both real-life items and printed images - with no need for cropping, category definition, or search refinement. From "snap" to "shop" these items are then purchasable at the exact moment of capture. Known for their vast selection of luxury accessories, Neiman Marcus introduces Snap. Find. Shop. with shoes and handbags. Additional fashion categories will be considered in the future.

"Today, most online shopping begins with search - either through key words or navigating filters, and as they say, a picture is worth a thousand words." Says Wanda Gierhart, CMO, Neiman Marcus Group, "Visual search removes hurdles, taking you directly from inspiration to gratification. In essence, Snap. Find. Shop. is a revolutionary way to service our customers at any time and any place."

Mark Elfenbein, President & CEO at Slyce said, "Slyce has often been described in the media as the 'Shazam for Stuff' and this integration with Neiman Marcus offers users that highly-intuitive, one-click, snap-to-result experience for luxury fashion. With this partnership, the Slyce platform is able to flex its muscles and deliver on the promise of visual search - in the curated fashion landscape."

About Neiman Marcus Group

Neiman Marcus Group LTD LLC operations include the Specialty Retail Stores segment and the Online segment. The Specialty Retail Stores segment consists primarily of Neiman Marcus, Bergdorf Goodman and Last Call stores. The Online segment conducts direct to consumer operations under the Neiman Marcus, Horchow, CUSP, Last Call and Bergdorf Goodman brand names.

About Slyce

The Corporation is a visual search technology company based in Toronto, Ontario and is engaged in the business of providing advanced visual search software that allows consumers to purchase products at the moment they discover them - in the real-world and online.

Slyce has developed an advanced visual search platform that integrates with retail brands and digital content providers to give their customers the ability to instantly discover and purchase products that inspire them by simply snapping photographs with their smartphones or 'clicking' images on either their smartphones (mobiles) or desktop web browsers.

Slyce's strategy is to position itself as a pivotal player in the emerging visual web. Slyce will provide its technology to retailers, brands, app developers and digital publishers, enabling their apps to recognize products for instant purchase. Slyce will provide its technology in exchange for integration, licensing and per search fees, percentage sales splits and big data provision and analysis. Slyce is currently working with a growing list of fortune 1000 brands and companies as well as multiple innovative developers.

Slyce is also listed on the Frankfurt exchange trading under (FRANKFURT:06O1)

For image download and further company information please click for the Slyce Media Kit

READER ADVISORY

The TSX-V has in no way passed upon the merits of the proposed transaction and has neither approved nor disapproved the contents of this press release.

Statements in this joint press release contain forward-looking information including, without limitation, Slyce's business plan, strategy and related milestones, Slyce's suggestions of future outcomes, the future use and development of its technology, future customers and business partners, timing and completion of the Amalgamation, the Offering and ongoing corporate strategy and benefits of the Amalgamation. The words "will," "anticipate," "believe," "estimate," "expect," "intent," "may," "project," "should," and similar expressions are intended to be among the statements that identify forward-looking statements. The forward-looking statements are founded on the basis of expectations and assumptions made by Slyce

Readers are cautioned that assumptions used in the preparation of such information may prove to be incorrect. Events or circumstances may cause actual results to differ materially from those predicted, a result of numerous known and unknown risks, uncertainties, and other factors, many of which are beyond the control of Slyce.

Slyce does not undertake any obligation to update or revise any forward-looking statements except as expressly required by applicable securities laws.

None of the information contained on, or connected to, Slyce's website is incorporated by reference herein.

This press release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities described herein. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act"), or any state securities laws and may not be offered or sold within the United States or to United States Persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.

To view the photo associated with this press release, please visit the following link: http://www.marketwire.com/library/20141027-800sly.jpg.

To view the video associated with this press release, please visit the following link: https://www.youtube.com/watch?v=cJupFMy9Ugg.

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