Slyce Launches its Visual Search App, 'Pounce' for Android

TORONTO, ONTARIO--(Marketwired - Aug. 13, 2015) -

Editors note: There are four images associated with this press release.

Visual product search platform Slyce Inc. ("Slyce" or the "Company") (TSX VENTURE:SLC) today announced that its popular, 3D visual shopping app 'Pounce' is available now for Android users. Pounce couples the 'snap-to-buy' experience with seamless, in app purchasing, allowing users to take a picture of any desired object or upload a screenshot from a visual sharing sites such as Pinterest and Instagram, and to be directed to all direct or close matching items from over 30 major retailers.

Retailers accessible via the Pounce app include Best Buy, Walmart, Urban Outfitters, Bed, Bath & Beyond, Express, and Banana Republic. Pounce offers access to the catalogs of these retailers through an affiliate network.

"The momentum we've seen for use of our white-label Slyce technology and our consumer apps, Pounce and the just-released Craves, are strong indicators that consumers are turning to their mobile devices to enhance the shopping experience," said Slyce Chief Executive Officer, Mark Elfenbein. "Smartphone visits to ecommerce sites increased by 269 percent in Q1 of this year, and providing a frictionless journey is essential to further propelling this growth. We are incredibly excited to deliver the Pounce experience to Android users worldwide."

"People may struggle with finding similar products and clothing they see in shops and on the street, because its complex to turn a visual image into a search. Pounce is designed to solve that problem, by delivering a highly-engaging, mobile discovery and shopping experience for consumers that turns an object of their desire into a findable item," said Chief Product Officer of Slyce, Avital Yachin. "This simple, snap-to-discover journey for consumers is made fun, intuitive and seamless through the Pounce experience."

Pounce is the first app of its kind to deliver visual product search to shoppers across a wide range of verticals, including: fashion, home décor, hardware, consumer electronics and toys. The app also has 2D search capabilities for users who find inspiration in print ads, billboards and catalogues.

Slyce also recently announced the launch of its boutique fashion discovery app Craves, which is able to search for close-matching products from over 100 select retailers from a snapped or uploaded image.

Download Pounce: https://play.google.com/store/apps/details?id=com.pounce.android

For more information, please visit www.Pounce.mobi.

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, Tilly's, JCPenney and Home Depot.

For image download and further Company information please click for the Slyce 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.

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