AudioEye Expands Its Financial Services Customer Base with 64 New Banking Clients

Also Adds Retail, Consumer Services Clients, Among Others

TUCSON, Ariz., December 20, 2016 – AudioEye, Inc. (OTCQB: AEYE) (“AudioEye” or the “Company”) today announced that it has executed a substantial number of new customer subscription agreements during the fourth quarter of 2016. Working closely with its reseller partners Kasasa, Inc and BankSite Services, AudioEye is now deploying its advanced software to the websites of 64 new local and community bank customers across the United States, enabling greater access for users with disabilities as well as enhanced usability for all customers.

In addition, AudioEye has recently entered into new agreements with a large well-known shoe retailer, a multi-million dollar on-line crowd-funding platform and a household name in the weight loss products and services industry. 

“As we bring 2016 to a close, we are pleased to report accelerated adoption of our accessibility platform in the financial services marketplace and other targeted addressable markets,” stated Todd Bankofier, CEO of AudioEye. “With our growing sales pipeline and high customer retention rate, we are well positioned to ramp implementations across our vertical markets throughout 2017. AudioEye provides not only a compliance solution, but also gives our clients the opportunity for a return on investment. Our technology enables AudioEye clients to reach the 10 percent of the population that needs and can benefit from accessibility features to access online sites for services, employment, and commerce.”

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.