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TORONTO, ONTARIO -- (Marketwired) -- 05/05/15 -- Editors Note: There is a video associated with this press release.
Visual product search platform Slyce Inc. (TSX VENTURE: SLC) ("Slyce") today announced a finalized contract with Toys"R"Us, Inc., the world's leading dedicated toy and baby products retailer, to power visual search for mobile commerce.
Slyce Inc. will derive revenues from the contract through monthly recurring software licensing and service fees, in line with its current pricing model, over the term of the contract.
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 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.
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 video associated with this press release, please visit the following link: https://www.youtube.com/watch?v=cJupFMy9Ugg&feature=youtu.be
Contacts:
Slyce
Mark Elfenbein
(587) 897-0993
Mark@slyce.it
www.slyce.it
Allison PR
Amanda Roark
(214) 975-8784
Amanda.Roark@allisonpr.com
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