SOURCE: AudioEye, Inc.

AudioEye, Inc.

January 05, 2015 08:28 ET

CommonWealth Purchasing Group Contracts With AudioEye to Purchase Web A11y Management System for America's Community Health Centers

AudioEye to Enable Website Accessibility for Over 450 Centers Throughout U.S.

TUCSON, AZ--(Marketwired - Jan 5, 2015) - AudioEye®, Inc. (OTCQB: AEYE) ("AudioEye") ("the Company") today announced that it has contracted for the bulk purchasing of its Web A11y Management platform through CommonWealth Purchasing Group ("CommonWealth"), which serves over 450 community health centers in 35 states. CommonWealth is a group purchasing organization ("GPO") that was created to maximize the purchasing power of the community medical centers that it serves.

AudioEye's Web A11y Management patented technology platform remediates website content and enables individuals with disabilities to access the full utility of a website's content and capabilities. For website users who are visually impaired and prefer to use their own screen reading technology such as JAWS or Windows Eyes, AudioEye accelerates the screen reading experience and improves the form fill-out functionality of screen readers.

"We are pleased to have reached agreement with AudioEye to offer our members a product they can incorporate into their websites and patient portals that enables their patients with disabilities to efficiently and fully utilize their health center sites," stated Richard W. Bryant, Director of Boston-based CommonWealth Purchasing Group, LLC.

"We are confident in our market position and look forward to the deployment of our technology with community health centers through this relationship with CommonWealth Purchasing Group," stated Nathaniel Bradley, Chief Executive Officer of AudioEye, Inc. "We gain efficiencies by working through a single source that can incorporate our technology into over 450 customer sites. Community health centers play a key role in the effective implementation of the Affordable Care Act ("Obamacare") and will serve as a crucial component in America's healthcare system going forward. AudioEye's ability to improve the accessibility of community health center websites and mobile sites represents an accomplishment by our team that showcases our technology's scalability and rapid adoption underway."

About CommonWealth Purchasing Group

CommonWealth Purchasing Group, LLC ("CPG") is the premier group purchasing organization for community health centers and other community-based, not-for-profit organizations. Founded in 1998 by the Massachusetts League of Community Health Centers, the state's Primary Care Association, CPG today negotiates volume purchasing agreements with national vendors on behalf of its more than 450 members in 35 states. Beginning with a single contract, CPG currently provides its members with access to over 50 vendors that are willing to offer price discounts and the highest level of customer service.

Human service providers and other nonprofit organizations face daunting challenges in maintaining the financial health of their organizations. CPG understands and addresses the challenges that rising costs of goods and services, the overhead involved in selecting vendors, and the time involved in managing contracts, present to an organization's limited resources. For additional information, visit www.cwpurchasing.com.

About AudioEye, Inc.

Incorporated in 2005, AudioEye focuses on working to improve the mobility, usability and accessibility of all Internet-based content through the development, sale, licensing and use of its proprietary accessibility technologies. Web A11y Management Platform® and Audio Internet® technologies utilize patented architecture to deliver a fully accessible audio equivalent of a visual or mobile website in a compliant format that can be navigated, utilized, interacted with and transacted from, without the use of a monitor or mouse, by individuals with visual impairments. For individuals with hearing impairments, Audio Internet® provides captioning for websites, and the challenges of reaching those with other impairments are also addressed by the technology platform.

Complete with an ever-growing suite of utilities tailored to the needs of different disabled users, the AudioEye® Audio Internet® and Web A11yPlatform® are fully scalable cloud-based solutions designed and developed to meet the needs and compliance mandates for an ever-growing demographic.

AudioEye's common stock trades on the OTCQB under the symbol "AEYE". Please visit www.audioeye.com for more information.

Forward-Looking Statements 

This release includes forward-looking statements contained within Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements regarding AudioEye's expected future financial position, results of operations, cash flows, financing plans, business strategy, products and services, competitive positions, growth opportunities, plans and objectives of management for future operations, as well as statements that include words such as "anticipate," "if," "believe," "plan," "estimate," "expect," "intend," "may," "could," "should," "will," and other similar expressions, are forward-looking statements. All forward-looking statements involve risks, uncertainties and contingencies, many of which are beyond AudioEye's control, which may cause actual results, performance, or achievements to differ materially from anticipated results, performance, or achievements. Factors that may cause actual results to differ materially from those in the forward-looking statements include those set forth in AudioEye's Form 10-K and other report filings with the SEC. AudioEye is under no obligation to (and expressly disclaims any such obligation to) update or alter its forward-looking statements, whether as a result of new information, future events or otherwise.

Contact Information

  • For further information, please contact:

    Nathaniel Bradley
    CEO
    AudioEye, Inc.
    (866) 331-5324

    or

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