AudioEye Continues Strong Bookings Momentum in Services, Banking Industries

TUCSON, Ariz., March 22, 2017 /PRNewswire/ — AudioEye, Inc. (AEYE) (“AudioEye” or the “Company”) today announced continued momentum in new customer bookings, including a new agreement to partner on a large scale project with a leading provider of funeral goods and services in North America. Furthering AudioEye’s success in the banking sector, the company continues to average one new customer site per day in 2017.

“AudioEye recently signed an agreement with a large provider of funeral goods and services in North America, which will ultimately encompass approximately 2,000 sites,” said Todd Bankofier, Chief Executive Officer of AudioEye. “This customer recognizes the compelling benefit of ensuring its new comprehensive digital platform is fully accessible to all users regardless of their individual abilities. The customer has partnered with AudioEye to ensure accessibility and usability of its new web platform as it is being deployed over the next several months.”

“AudioEye also continues to expand our presence in the banking industry, where we have now launched more than 80 new customer sites since January 1, 2017. Our customer count in this market is growing rapidly, and we now service more than 215 banks in the US, enabling their customers to more fully utilize online tools and information for equal access to the services offered by the banks through their websites.”

AudioEye’s leading edge accessibility compliance software continues to be adopted and embraced by new clients across the United States, empowering designers and developers to integrate accessibility into their websites and applications. AudioEye has initially focused on end markets with compelling customer service or compliance requirements driving greater awareness of online accessibility, including financial services, retail, restaurants, e-commerce, human resources, education and government. Customers integrating AudioEye’s unique software driven platform into their online content reach up to 15% more of their audience than traditional online content.

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.