SOURCE: AudioEye, Inc.

AudioEye, Inc.

July 13, 2015 08:28 ET

AudioEye, Inc. Files Annual Report on Form 10-K for 2014

Company Hires New Head of Sales

TUCSON, AZ--(Marketwired - Jul 13, 2015) - AudioEye, Inc. (OTCQB: AEYE) ("AudioEye" or the "Company") on Friday filed with the Securities and Exchange Commission ("SEC") its Annual Report on Form 10-K for the year ended December 31, 2014. The Company expects to file its Quarterly Report on Form 10-Q for the period ended March 31, 2015 within the next two weeks and to file its Quarterly Report on Form 10-Q for the period ended June 30, 2015 by the normal filing deadline in mid-August 2015.

"We are now very close to reaching the important milestone of having all financial reporting up-to-date," noted Dr. Carr Bettis, Executive Chairman of AudioEye, Inc. "Management continues to believe in the breadth and depth of the market opportunity targeted by the Company and that we are better positioned than ever to take advantage of this opportunity."

Over the past four months, the Company has restructured non-technology management, significantly reduced operating costs, streamlined product offerings and pricing, refined its go-to-market strategy, and in June it hired Daniel Sullivan to head the sales organization.

"AudioEye is laser-focused on selling its superior patent-protected technology, and this has presented a unique opportunity for me to join the Company's leadership team," stated Mr. Sullivan. "Over the past year, I have seen growing evidence that the marketplace is in great need of the efficient, compliant solution that AudioEye delivers. By providing persons with various disabilities full access to website content, the AudioEye solution allows our clients to reach an untapped market of potential customers and will enable them to meet any regulatory requirements for accessibility."

"Dan was a key hire for AudioEye," added Dr. Bettis. "He worked previously for an AudioEye partner; has extensive knowledge of our market, our product and our Company; and has compiled an excellent track record as a sales leader. We have empowered Dan to build a world-class sales organization."

Management reports that there are currently more proposals for cash contracts in the hands of qualified prospects than at any point in the Company's history. While AudioEye will ensure that it delivers excellence in technology, product performance and customer service for the small number of very important clients that represent a significant portion of historical revenue, management is focused on the broad adoption of the Company's Ally+ products via direct sales and through resellers and partners who license and leverage AudioEye's intellectual property.

About AudioEye, Inc.

Incorporated in 2005, AudioEye provides unparalleled web access equality and usability for its clients' customers through AudioEye's Ally™ platform. The Ally+ product allows AudioEye's clients to reach more customers, build more brand loyalty, retain more customers and secure more repeat business.

Most companies fail to provide full access to their websites. As a result, they exclude 5% to 10% of their potential customers, even though the law requires equal access and digital inclusion. Each month, AudioEye fixes millions of website problems for its clients; without these fixes, site visitors are left behind -- including those customers accessing websites through the use of assistive technologies such as those provided by Microsoft, Apple, Google, and others. AudioEye clients that implement the Ally+ solution receive a compliance certification seal that, through the adoption and application of internationally accepted accessibility standards, allows them to clearly and confidently demonstrate and promote their conscientious commitment to ensuring equal access to their digital properties (limited exclusions apply).

Ally+ is the most inclusive web accessibility solution available - period. It goes beyond simply fixing issues that inhibit access to client information and services by also providing site visitors with a help desk resource for reporting usability problems, along with free cloud-based access to a customizable screen-reader-like user experience. By simply embedding the AudioEye JavaScript, the Ally+ patent-protected multi-language audible reader in the "cloud" provides new and returning customers the opportunity to thoroughly engage and interact with client websites in a unique and fully customizable way, regardless of their device type or preferred method of access. These tools have benefits for all site visitors, in particular aging populations and individuals who are visually impaired, hearing impaired, motor impaired, cognitively impaired, color blind, dyslexic, learning to read, looking to maintain focus, or multi-tasking.

Providing full access is the right thing to do, but it is also empowers customers, which makes it great for business. To learn more or to get started today, please visit www.audioeye.com for more information. AudioEye is Your Web Accessibility Ally™.

AudioEye's common stock trades under the symbol "AEYE". The Company maintains offices in Tucson, Atlanta and Washington, D.C.

Contact Information

  • For further information, please contact:

    David Kovacs
    Strategic Consultant
    AudioEye, Inc.
    (866) 331-5324

    or

    RJ Falkner & Company, Inc.
    Investor Relations Counsel
    (830) 693-4400
    Email Contact