Post by
lscfa on Oct 19, 2015 11:02am
Slyce signs contract with footwear retailer
Slyce Inc. Provides Corporate Update & Announces Investor Conference Call TORONTO, ON--(Marketwired - Oct. 19, 2015) - Visual product search platform Slyce Inc. (TSX VENTURE:SLC) ("Slyce" or the "Company") is pleased to announce that it will be holding an investor conference call on Tuesday, October 20th at 4:30pm EST. During this call, Slyce CEO Mark Elfenbein will be commenting on recent corporate developments in the context of the Slyce's business plan. Following this presentation, Mr. Elfenbein and management will answer a number of questions submitted in advance in writing, regarding the business of the Company. The live conference call will be available by calling 1-888-289-4573. The participant pass code is 9683834. The conference call is open to any investor or stakeholder, including shareholders, broker-dealers and other securities professionals. The call will be recorded and available for review at www.slyce.it To submit one or more questions to the CEO, please email your question to Roy@slyce.it with the words "Investor Question for Conference Call" in the subject line. Slyce management will endeavor to address as many questions as possible in the [one-hour] allocated to the call. Comment from Slyce CEO Mark Elfenbein "Slyce has made a number of achievements related to its business plan and we are pleased to be able to communicate with investors and other interested parties in order to place these announcements into greater context, and to address various stakeholder inquiries. Slyce continues to build significant momentum in the visual search space and to onboard marquee customers. In line with this, on October 15th, 2015 Slyce finalized a new contract for the provision of visual search services with a marquee footwear retailer. Specifics of this contract will be officially announced as soon as the customer has received internal approval for public disclosure." About Slyce Inc. Slyce, based in Toronto, ON, delivers sophisticated visual search technologies and is currently focused on enabling a powerful sales channel for major retailers and their customers. Consumers, wherever they are, can conveniently engage with retailers by taking pictures of desired products using their mobile devices, thereby initiating the visual search service with near-instant product recognition capability. The Company delivers its technology both as a white-label visual search platform and as a suite of consumer mobile apps. Slyce's technology is used by large retail brands such as Neiman Marcus, Tilly's, JCPenney and Home Depot. Slyce's business model features multiple revenue streams arising from its visual search platform, consumer apps and corresponding data services. The revenue streams include fees for software licensing, integration, purchase transactions, program promotions and data analytics.