Mr. Mark Elfenbein reports

SLYCE INC. SIGNS CONTRACT WITH FORTUNE TOP 50 COMPANY TO LAUNCH MOBILE VISUAL SEARCH

Slyce Inc. has signed a contract with a pre-eminent North American Fortune Top 50 company to commence powering visual search across its mobile commerce platform.

The deployment will enable users of the company's smart phone application to snap images of over 1.3 million products in the real world and receive direct or close-matching items that they can purchase with one click. Slyce will derive initial revenues from the contract through monthly recurring software licensing fees with potential for additional revenue streams, in line with its current business model, over time.

Slyce chief executive officer Mark Elfenbein said of the announcement, "Having Slyce be selected as the supplier of mobile visual product search for a company of this stature is a significant validation of the Slyce technology."

Integration of the Slyce technology has already commenced, and launch and full rollout of the service are expected in the second quarter of calendar 2015.

We seek Safe Harbor.