Slyce Inc.
TSX VENTURE : SLC
FRANKFURT : 06O1

Slyce Inc.

November 25, 2014 07:30 ET

Slyce Launches 'Pounce', the First 3D Visual, 1-Tap Checkout Shopping App Featuring Leading Retailers

TORONTO, ONTARIO--(Marketwired - Nov. 25, 2014) -

Editors Note: There are two images and one video associated with this press release.

Visual product search platform Slyce (TSX VENTURE:SLC) today announced the launch of their new consumer visual shopping App 'Pounce', available for iOS in the US & Canadian iTunes stores with a version for Android currently in development.

The App represents the long awaited fulfillment of the visual shopping 'snap and buy' experience whereby consumers can snap a picture of a physical product and be provided with the best matching items from 6-7 of the largest big box retailers. Items can then be purchased with 1-tap. Pounce is the first App on the market able to facilitate visual product search and 1-Tap purchasing across fashion, home décor, hardware, consumer electronics, toys and several other categories via multiple brands and retailers

CEO at Slyce, Mark Elfenbein, said of the announcement, "Up to 50% of search is expected to be visually based in the next five years and Slyce has positioned itself as a leading visual search platform. We're able to help the largest brands and retailers connect with their customers, wherever they are, through state of the art image recognition technology and infrastructure. With Pounce, we're incredibly excited to be able to offer this real-world visual shopping experience directly to consumers."

As well as real-world, 3D items, Pounce users are also able to snap images of 2D print ads, billboards and catalogues. Once an image is captured, they will instantly be provided with exact or close-matching products from a host of leading retailers. These items are then able to be purchased seamlessly, at the moment of impulse, directly from the retailer via Pounce's proprietary one-click checkout technology.

Slyce Chief Product Officer Avital Yachin said of the launch, "Through the development work we've carried out on the original Pounce App, including the integration of the Slyce visual search platform, Pounce now has an incredible depth of functionality that we believe finally starts to fulfill the promise of visual search for consumers. The possibility of snapping ANY product in the real-world and receiving a purchasable result has long been talked about but, until now, hasn't been achievable. Without wanting to overstate the potential, Pounce literally intends to make the whole world shop-able."

Download Pounce - https://itunes.apple.com/app/pounce-1-tap-ordering/id583704265?mt=8

For more information, please visit www.Pounce.mobi

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 neither approved nor disapproved the contents of this press release. Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this 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," "intend," "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 images and video associated with this press release, please visit the following links:

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https://www.youtube.com/watch?v=bK-JlBPgsAg

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