Press Release: Slyce Launches 'Pounce', the First 3D Visual, 1-Tap Checkout Shopping App Featuring Leading Retailers
(Dow Jones 11.25 13:30:41)
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:
http://www.marketwire.com/library/20141124-slyce-112514-lrg.jpg
http://www.marketwire.com/library/...25-20141124-slyce-112515-lrg.jpg
https://www.youtube.com/watch?v=bK-JlBPgsAg
Slyce
Mark Elfenbein
(587) 897-0993
mark@slycecorp.com
www.slyce.it
(END) Dow Jones Newswires
November 25, 2014 07:30 ET (12:30 GMT)
S.DJ SLC.V CA83160L1058 I/SOF .SOFTWARE N/DJG N/DJGP N/DJGS N/DJGV N/DJI N/DJIV N/DJN N/DJPT N/DN N/WED N/WER N/CNW N/DJPN N/DJWI N/PRL N/TPCT M/NND M/TEC .TECH M/TPX P/AEQI P/TAP P/WMMI R/CN .CANADA R/NME .NAMERICA R/ONT .ONTARIO
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