TORONTO, ONTARIO — (Marketwired) — 09/29/15 — Leading visual search platform (TSX VENTURE: SLC) (“Slyce” or the “Company”) today announced its financial results for the third quarter ended July 31, 2015.

The interim financial statements and Management Discussion and Analysis for the quarter ended July 31, 2015 are available at .

Business Highlights

Key achievements during the three-month period ended July 31, 2015 included the following:

Following the third quarter, Slyce announced two and signed two additional customer contracts:

CEO Comment

“During the third quarter, Slyce again achieved growth, both in revenue and in notable deployments of its technology,” said Mark Elfenbein, President and CEO of the Company. “Slyce continues to solidify its position as the leading supplier of visual search technology in an emerging market. We are executing on a rich pipeline of business development opportunities and we are deepening our relationships with our existing client base, which includes four Fortune 500 companies and other marquee retailers. The expanded engagement with Neiman Marcus following a year using Slyce–s platform provides an important experience-based endorsement of our technology and service.

“During the quarter, Slyce also further accelerated its presence in the B2C market through the launch of its new consumer-facing application, boutique fashion discovery app, Craves. The app saw over 10,000 downloads in the first week after launch.”

About

Slyce (TSX VENTURE: SLC) 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.

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.

Contacts:
Slyce
Mark Elfenbein
(587) 897-0993

Slyce
Roy Roman
(647) 464-6200

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