SOURCE: AudioEye, Inc.

AudioEye, Inc.

October 02, 2014 09:50 ET

Iconic Surfing Brand Bunger Surf Shop Adds AudioEye's Patented Voice Technology to E-Commerce Website and Launches Real-Time Mobile E-Learning and Retail iBeacon Initiatives

Surf's Up for Voice-Powered E-Commerce, E-Learning and Retail Systems to Create Scalable and Repeatable Commercial Sales Opportunities

TUCSON, AZ--(Marketwired - Oct 2, 2014) - AudioEye®, Inc. (OTCQB: AEYE) ("AudioEye") ("the Company"), creator of the Audio Internet® patented audio browsing and automated publishing technology platform, today announced that Bunger Surf Shop has added AudioEye's technology to its website, thereby allowing users to engage with its online shopping cart experience using patented eyes-free and hands-free accessibility and navigation technology. The application will enable Bunger Surf Shop to complete sales and narrate customers through online shopping experiences and real-time surf instruction via a mobile application available to wireless devices.

Bunger's Surf museum and shop in Babylon, New York have also contracted with AudioEye to collaborate with Couponicate and Promotion Pod for the development of iBeacon-driven deployments of AudioEye's voice-enabled consumer experience.

"Quality is what sets Bunger Surf Shop apart, and the engagement of AudioEye is compatible with that tradition in a novel way that is indicative of the true relevance of our technology," stated Nathaniel Bradley, Chief Executive Officer of AudioEye, Inc. "Receiving percentage-based compensation based on usage of the AudioEye voice shopping cart and the other e-commerce capabilities of our technology expands the scalability of our business model. This is an example of how we believe our platform can enhance every Internet retailer's e-commerce site in a game-changing way."

"By encouraging the next generation of surfers to utilize AudioEye's mobile technology with an application that allows professionals, in their own voices, to communicate on-demand with young and aspiring surfers anytime and anywhere, provides real-time actionable intelligence and instructional content that has not been available until now," stated Charlie Bunger Sr. of Bunger Surf Shop. "The popularity of surfing is at a rare inflection point, and AudioEye's technology provides valuable Internet content delivery via a waterproof mobile application. Our plans include a mobile learning system that is aimed at helping novice surfers pick up and learn what it takes to become a professional using 'real-time' technology, and for current surfers to develop a skill set that allows for the greater enjoyment of our sport by interacting with the larger surfing community."

About Bunger Surf Shop

Bunger Surf Shop currently has 4,000 square feet of retail space in Babylon Village, New York and operates a manufacturing facility in West Babylon. Charlie Bunger, Sr. has long been involved in crusading for better beach access and sponsoring surfing contests. In 1990, he opened the Long Island Surfing Museum and in 1996 was among the first twenty-three inductees into the East Coast Surf Legends Hall of Fame ("ECSLHF"). Greg Noll formed the ECSLHF, and the first group of new members also included such well-knowns as Dick Catri, Claude Codgen, Mimi Munro, Jack Murphy, Mike Tabeling, Gary Propper and Bruce Valluzzi. Over the years, Bunger Surf Shop has attracted a number of team riders who were well known throughout the nation. In the early '60s, Eric Eastman, Bob Hawkins and George Fisher rode for Bunger, and in the late '60s Rollie Eisenberg, Hank Heckel, and Jim Hanley became known locally as the Bunger Rebellion (a fitting name, considering the turbulent times). In the mid-'70s, the late Ricky Rasmussen was a Bunger surf team member; his short life was highlighted by winning the 1973 East Coast Championships (junior division) and the 1974 U.S. Surfing Championships (men's division).

Just as Charlie's first store was in 1962, today's Bunger Surf Shop is a great place to hang out, talk about Right Coast surfing with locals, check out great memorabilia and buy state-of-the-art surf products. The surfing museum Charlie opened in 1990 is now a part of the shop and features classic old photos, an original Tom Blake paddleboard and examples of the Bunger family's collection of some 150 vintage boards. Those not familiar with Bunger Surfboards should visit the company's website at www.bungersurf.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. Audio Internet® is a technology that utilizes 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® Accessibility Platform is a fully scalable cloud-based solution 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

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