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SLI Systems Ranked #1 Cloud-based Search Provider to the IR Top 1000 Online Retailers

Companies mentioned in this article: SLI Systems

PHILADELPHIA, Aug. 11, 2014 /PRNewswire/ -- eTail East -- SLI Systems (NZX.SLI) today welcomes its ranking as the #1 cloud-based site search provider on the 2014 Internet Retailer Magazine Top 1000 list of the United States' largest online retailers. It is the third consecutive year SLI has achieved the #1 rank.

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SLI's customer base of more than 800 e-commerce sites worldwide now includes 84 of the IR Top 1000 retailers. This number is up from 72 the year before. Companies such as FTD, Harry & David, US-Mattress.com and Lakeshore Learning use SLI to improve conversion rates, increase sales and reduce site abandonment.

"With SLI, the changes we made to search and navigation have increased time on our site 21% and conversion rates 8.5%," said Sam Sarullo, VP of e-commerce for Lakeshore Learning, in an IR Top 500 interview with Internet Retailer. "People are more engaged and are exploring more of the products we offer. Personalizing the site, to draw people into areas most helpful for them, has been a big improvement."

SLI's patented Learning Search technology continually "learns" from past site search activity by tracking visitors' aggregate search queries and click-throughs, so shoppers can quickly find what they are seeking. The company's full set of features, including Rich Auto Complete and search suggestions, increase the number of products visitors see and improve the chances of making a sale. Other features let customers dive deep into product selection and pull out the details they need to make a decision.

"SLI is well poised for ongoing growth as we are in a market sweet spot. In fact, according to eMarketer, worldwide e-commerce sales are expected to increase a record 20% this year to reach $1.5 trillion," said Shaun Ryan, CEO of SLI Systems. "SLI powers world renowned e-commerce retailers with advanced site search to ensure shoppers can readily find the products they'd like to buy. Internet Retailer's Top 1000 retailers choose SLI's search technology because it drives significant sales growth by vastly improving the user experience."

For more information about the 2014 Internet Retailer Top 1000, visit http://www.internetretailer.com/top500/.

Connect with SLI:
Twitter - twitter.com/slisystems
Facebook - facebook.com/slisystems
LinkedIn - linkedin.com/company/sli-systems

About SLI Systems
SLI Systems (SLI.NZ) enables the world's leading e-commerce retailers to accelerate sales by connecting shoppers with the products they're most likely to buy. With offerings that include site search, navigation, merchandising, mobile, product recommendations and user-generated SEO, SLI Systems is the most chosen cloud-based site search provider to Internet Retailer Top 1,000 retailers. The company's patented technology continuously learns from the actions of visitors to deliver the most relevant results possible. Whether via PC, tablet or phone, a site powered by SLI delivers the kind of satisfying search experience that increases conversion rates, secures brand loyalty and results in higher order values. SLI operates on five continents. For more information, visit: www.sli-systems.com.

1. Leading SaaS site search provider on the 2014 Internet Retailer Magazine Top 1000 list

Media contacts:

Richard Inder
Merlin Consulting
+64 21 645 643
investor.relations@sli-systems.com

Eileen Elam, SLI Systems
1-408-459-6248
media.relations@sli-systems.com
www.twitter.com/slisystems

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SOURCE SLI Systems