Received by email:

File: News Release re Bridge Loan - FINAL.docx

Slyce Secures Interim Bridge Financing
CALGARY, CANADA - October 24th, 2016 -Slyce Inc. (TSX VENTURE:SLC) ("Slyce" or the "Company") announced today that, du
--->ring recent weeks, Business Instincts Group ("BIG") has provided the Company with $585 thousand of bridge loan funding
--->. This facility is a demand, non-interest bearing, unsecured Bridge Loan.  This funding has provided additional time f
--->or the recently announced Special Committee of the Board to assess strategic options for recapitalizing the Company.
BIG is the Company's founding group. 
About Slyce Inc.
Slyce, based in Calgary, Alberta, delivers sophisticated visual search technologies and is currently focused on enabli
--->ng a powerful sales channel for major retailers and their customers. Consumers, wherever they are, can conveniently en
--->gage with retailers by taking pictures of desired products using their mobile devices, thereby initiating the visual s
--->earch service with near-instant product recognition capability. The Company delivers its technology both as a white-la
--->bel visual search platform and as a suite of consumer mobile apps. Slyce's technology is used by large retail brands s
--->uch as Neiman Marcus, Urban Outfitters, JCPenney and Home Depot.
Slyce's business model features multiple revenue streams arising from its visual search platform and consumer apps.
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
For further information and interviews, please contact:
Slyce | Ted Mann, CEO | eMail: ted@slyce.it
READER ADVISORY
Neither the TSX-V nor its Regulation Services Provider (as that term is defined in policies of the TSX-V) accepts resp
--->onsibility for the adequacy or accuracy of this release.
Statements in this press release contain forward-looking information.  The words "will," "anticipate," "believe," "est
--->imate," "expect," "intent," "may," "project," "should," and similar expressions are intended to be among the statement
--->s that identify forward-looking statements. The forward-looking statements are founded on the basis of expectations an
--->d assumptions made by Slyce.
Readers are cautioned that assumptions used in the preparation of such information may prove to be incorrect. Events o
--->r circumstances may cause actual results to differ materially from those predicted, a result of numerous known and unk
--->nown 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 require
--->d by applicable securities laws.
None of the information contained on, or connected to, Slyce's website is incorporated by reference herein.