AudioEye Announces Partnership With Kasasa To Provide Accessibility for Community Banks

Update On Existing Customer

TUCSON, Ariz., May 24, 2016 /PRNewswire/ — AudioEye, Inc. (AEYE) (“AudioEye” or the “Company”) has signed a new Master Service Agreement with Kasasa®, formerly BancVue®, an award-winning financial technology and marketing provider, to provide an accessibility and web enhancement technology option for their financial institution clients.

“This new agreement expands the reach of accessibility for banking institutions by multiples because of the streamlined process Kasasa has built for its many customers,” stated Sean Bradley, AudioEye Chief Technology Officer. “Because Kasasa can create efficiencies for its large customer base through their proprietary customer management system, adding the AudioEye Ally+ Solution to their client sites is both practical and cost-effective,” said Bradley.

In addition, AudioEye has recently contracted to deploy its Ally+ technology for a second larger contract with a provider of human resource related services.

Forward-Looking Statements

Any statements in this press release about AudioEye’s expectations, beliefs, plans, objectives, prospects, financial condition, assumptions or future events or performance are not historical facts and are “forward-looking statements” as that term is defined under the federal securities laws. These statements are often, but not always, made through the use of words or phrases such as “believe”, “anticipate”, “should”, “intend”, “plan”, “will”, “expects”, “estimates”, “projects”, “positioned”, “strategy”, “outlook” and similar words. You should read the statements that contain these types of words carefully. Such forward-looking statements are subject to a number of risks, uncertainties and other factors that could cause actual results to differ materially from what is expressed or implied in such forward-looking statements. There may be events in the future that AudioEye is not able to predict accurately or over which AudioEye has no control. Other risks are described more fully in AudioEye’s filings with the Securities and Exchange Commission. Forward-looking statements reflect management’s analysis as of the date of this press release and AudioEye urges you not to place undue reliance on these forward-looking statements. AudioEye does not undertake any obligation to release publicly any revisions to such forward-looking statements to reflect events or uncertainties after the date hereof or to reflect the occurrence of unanticipated events.