TUCSON, AZ--(Marketwired - Mar 18, 2014) - AudioEye®, Inc. (OTCQB: AEYE) ("AudioEye" or the "Company"), creator of the Audio Internet™ patented audio browsing and automated publishing technology platform, today announced that the University of Arizona's Eller Management Information Systems ("MIS") department has upgraded its website (http://mis.eller.arizona.edu/) to incorporate AudioEye's patented Audio Internet® Platform Version 5.0. The new platform contains exclusive patented features that empower a set of tools tailored for the needs of the disabled, and enables a new dialogue and navigation methodology that does not require a monitor or a mouse to fully utilize, complete web and mobile engagements and create dialogue between students, faculty and other constituents of the University of Arizona MIS website.
AudioEye's Audio Internet® Platform is a patented cloud-based Software-as-a-Service ("SaaS") device that generates, maintains, and presents the user with an interactive, fully accessible audio equivalent version of any website. Content is normalized and presented in a format that is consistent across all AudioEye-enabled websites by presenting web content in an optimal configuration uniquely tailored to individuals with disabilities and other special needs. The new platform, which is anonymous and free to end-users, represents an industry-first solution to the vital accessibility and mobile content delivery mandates, laws and eyes-free / hands-free interactive content delivery that consumers demand.
"The MIS department is excited to be part of and instrumental in developing this innovated platform, and we look forward to having our students work with AudioEye on future exciting opportunities," stated Anji Siegel, MIS Director of Special Programs.
"Our next-generation Audio Internet® 5.0 platform solves critical access issues for publishers of websites and providers of Internet services and applications for the estimated 61 million Americans who have hearing and vision-related disabilities, according a study conducted by the FCC," stated Paul Lyons, AudioEye's Vice President of Sales. "The Audio Internet®, which is designed for producers of websites and apps, enables the automatic provisioning and normalization of website content and makes available a series of tools to all end-users. Our technology allows website and mobile application owners and publishers to expand the reach to larger 'audiences' with a fully compliant and comprehensive set of Internet initiatives. At its core, the technology allows our customers to comply with the 21st Century Communications and Video Accessibility Act (CVAA) and both Sections 508 and 504 of the Americans with Disabilities Act."
According to the U.S. Department of Education, throughout the United States there are 1,655 community colleges. Of these, 1,047 are public institutions and 415 are private. There are a total of 4,495 Title IV-eligible, degree-granting institutions, including 2,774 four-year state colleges and universities. AudioEye's SaaS-based Audio Internet platform is being marketed, adopted and deployed by developers of collegiate websites to fully address accessibility laws, compliance with the 21st Century Communications Act, and the provision of eyes-free and hands-free content navigation.
"We are currently incorporating this technology deployment in over 25 educational facility websites that will be 'turning up' the Audio Internet 5.0 product line in coming days," stated Nathaniel Bradley, Chief Executive Officer of AudioEye, Inc. "It is appropriate that we are launching our first 5.0 deployment with UofA MIS, with which we have enjoyed a rewarding partnership with technological and economic impacts. It is exciting for all of us at AudioEye to bring these progressive and successive accomplishments to reality."
About University of Arizona Eller Management Information Systems (MIS) Department
A Leader in IT Education and Research
Since pioneering one of the nation's first Management Information Systems (MIS) curriculums three decades ago, the MIS Department at The University of Arizona has become a leader in IT education and research. For over 24 consecutive years, U.S.News & World Report has ranked its program among the top five in the country and reflective of the vigorous dynamics of evolving technology. UofA MIS research is generating real-world solutions that improve business today, and its alumni hold leadership positions in diverse business organizations -- from Fortune 500 technology and consulting enterprises to emerging new ventures. Its distinguished faculty wins research and teaching awards, continues its role as a pioneer in grant-funded basic and applied research, and educates over 5,000 undergraduate, graduate and doctoral students in data science programs. Today more and more corporations are outsourcing software design, development, and maintenance activities, as well as call and data center operations, to offshore facilities. UofA plays a critical role in producing MIS professionals who understand the strategic role information technology can play to keep a firm competitive, proactively manage its IT solutions, and look to explore the role of advanced information technologies in newer applications
About AudioEye, Inc.
Founded in 2003, AudioEye, Inc. has developed patented Internet content publication and distribution software that enables the conversion of any media into an audio-accessible format and allows for real-time distribution to end-users on any Internet-connected device. The focus of the Company is to provide solutions to create better and more comprehensive access to the Internet, print, broadcast and other media, irrespective of an individual's network connection, device, location, or impairment. AudioEye solutions also include comprehensive E-Learning and E-Commerce systems, along with a variety of Internet publishing products and services.
The Company is headquartered in Tucson, Arizona, and its common stock trades on the OTCQB under the symbol "AEYE".
AudioEye, Inc., Audio Internet and AudioEye are Registered Trademarks of AudioEye, Inc., All Rights Reserved. The systems and technologies described herein are protected all or in part by US7966184, US7653544, US8046229, US8296150, US8260616 and patents pending in the U.S. and Internationally. These products enable AudioEye's customers to create and deliver highly scalable accessible voice browsing applications. For more information, please visit www.audioeye.com or call 866.331.5324.
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 our 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 our 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 our Form 10-K and other reports filed with the SEC. We are under no obligation to (and expressly disclaim any such obligation to) update or alter our forward-looking statements, whether as a result of new information, future events or otherwise.