Slyce Inc.
TSX VENTURE : SLC
FRANKFURT : 06O1

Slyce Inc.

July 24, 2015 07:59 ET

Slyce Announces Correction to Information Circular

TORONTO, ONTARIO--(Marketwired - July 24, 2015) - Visual search platform Slyce Inc. (TSX VENTURE:SLC) ("Slyce" or the "Company") wishes to amend the information which appeared in the Company's information circular (the "Information Circular") dated June 26, 2015 with respect to its Annual General and Special Meeting of Shareholders to be held on July 28, 2015.

The Company wishes to amend the following information contained in the Information Circular under "Matters to be Acted Upon at the Meeting", item no. 3, "Election of Directors" for Erika Racicot as follows:

Name and Municipality of Residence


Director Since


Present and Principal Occupation, Business or Employment for Previous 5 Years
Number of Common Shares Beneficially Owned, Controlled or Directed
Erika Racicot
Alberta, Canada
June 24, 2014 Chief Operations Officer and a Director of the Corporation since November 15, 2011 and September 5, 2013, respectively. President of Business Instincts Group Inc., a venture creation firm focused on high-tech start-ups. Prior thereto, Chief Operations Officer of Frendo, a service provider to non-profits. 7,766,758(4)

(4) This number reflects the Common Shares owned by Business Instincts Group Inc. ("BIG"), a venture creation firm controlled by Cameron Chell (co-founder of and consultant to Slyce) and Erika Racicot (Chief Operations Officer and current director of Slyce), which provides business services to the Corporation. Ms. Racicot has an 18.80% interest in BIG. For additional information on the agreement with BIG, see "Management Contracts".

The Information Circular otherwise remains unchanged from the document which was previously mailed to shareholders.

The amendment to the Information Circular will be filed on SEDAR at www.sedar.com and on Slyce's website at www.slyce.it. Copies of the amendment to the Information Circular will also be available to shareholders at the Annual and Special Meeting to be held on July 28, 2015 or upon request.

Further, the Company wishes to outline the number of common shares held by the officers and insiders of Slyce as of the date hereof using the following table:

Name Title Number of common shares of Slyce
Daniel Grigsby Chief Technology Officer 742,116
Avital Yachin Chief Product Officer 3,318,008
Ehsan Fazl-Ersi Chief Science Officer 533,873
Ted Mann President of SnipSnap App Limited Liability Company, a wholly-owned subsidiary of Slyce 234,375

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 and Tilly's.

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

READER ADVISORY

NEITHER THE 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.

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