Slyce Inc.
TSX VENTURE : SLC
FRANKFURT : 06O1

Slyce Inc.

August 12, 2015 08:45 ET

SHOES.COM Partners with Slyce Visual Search Technology to Power Seamless 'Snap-to-purchase' Functionality Across its 500+ Brand Product Line

TORONTO, ONTARIO--(Marketwired - Aug. 12, 2015) -

Editors note: There is one video associated with this press release.

Leading visual search platform Slyce Inc. (TSX VENTURE:SLC) today announced a partnership with SHOES.COM, the world's fastest growing online footwear retailer and owner of the leading North American shoe retailing group which also includes SHOEme.ca and OnlineShoes.com.

The Slyce 3D mobile image recognition platform will enable mobile visitors to SHOEme.ca to snap a picture of any footwear, either in the real-world, or alternatively, from sources such as magazine pages, and be presented with all direct, or closest matching products, from the extensive SHOEme.ca product line, which can then be purchased with just a few taps. The integration will roll-out on all women's footwear.

"Our mission, at SHOES.COM, is to challenge, innovate and deliver new and better ways to shop," said Roger Hardy, Co-Founder and CEO, SHOES.COM. "The integration of this visual search technology will empower our customers to capture images they're inspired by, and then seamlessly search for these products on SHOEme.ca. This is the type of next-generation shopping experience that embodies our company mission."

Founded in 1996, SHOES.COM is on a mission to personalize the shopping experience by bringing customers brands, styles and colors that are curated just for them. SHOES.COM employs more than 300 employees and generates revenues of approximately $300 million annually. SHOES.COM offers a selection of over 500 brands and services over 8 million customers.

Mark Elfenbein, President & CEO at Slyce said, "SHOES.COM represents a new breed of young dynamic E-tailers which is clearly focused on delivering an entirely seamless experience to its customers, taking them easily from inspiration to discovery and through to purchase. We're extremely excited to be leading the way in what is a booming market now for disruptive, real-world retailing technology."

Slyce expects to derive revenues from the integration via software licensing fees and per search fees in line with its current business model.

About Slyce Inc.

Slyce (TSX VENTURE:SLC) (FRANKFURT:06O1) delivers sophisticated 3D visual search technology that empowers limitless customer engagement applications for companies and consumers starting with the simple snap of a photo on a mobile device.

Based in Toronto, ON, the company delivers its technology as a white-label visual search platform allowing retailers to increase customer engagement and through its family of consumer mobile apps. Slyce's technology is used by premier, large retail brands like Niemen Marcus, JCPenney and Home Depot.

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

About SHOES.COM

SHOES.com is dedicated to the simple goal of helping you discover footwear you love. Founded in 1996, under the belief that buying shoes should easy and fun, the company is on a mission to personalize the shopping experience by bringing you brands, styles and colours that are curated just for you. SHOES.COM offers a selection of over 500 brands and successfully serves over 8 million customers across the US and Canada.

For further company information please click for the SHOES.COM media kit.

READER ADVISORY

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Statements in this 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. 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.

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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