AudioEye Expands Sales Team to Address Rapidly Growing Sales Pipeline

TUCSON, Ariz., March 13, 2017 /PRNewswire/ — AudioEye, Inc. (AEYE) (“AudioEye” or the “Company”) today announced that it has added two sales professionals to its team, bringing the total to 6. The new team members will be based in Chicago and San Francisco. 

“We are pleased to announce the expansion of our sales team in two key markets,” said Todd Bankofier, Chief Executive Officer of AudioEye. “Awareness of AudioEye’s value is growing as more customers in our targeted end markets are seeking a complete managed service offering to address compliance with accessibility mandates as well as provide a measurable ROI in their business.”

AudioEye is focused on markets characterized by large customer populations, notable compliance mandates, and a clear return on investment from accessibility initiatives. These end markets include financial services, human resources, government, education and e-commerce. In addition to securing notable reference customers in each vertical, AudioEye is seeing increased sales inquiries from prospective customers across all verticals. For example, AudioEye previously announced that it was launching one new bank site a day since January 1, 2017 in its financial services vertical.

Dr. Carr Bettis, Executive Chairman of AudioEye, stated: “It is gratifying to see accelerating adoption of our best-in-class technology platform across our targeted end markets. We have also secured a 100% customer renewal rate to-date, a strong testament to the value of our unique software in helping AudioEye’s customers reach the up to 15% of the US population that cannot access digital content when inclusion has not been fully considered and embraced by designers, developers, and content authors. More organizations than ever are recognizing and addressing the need for digital accessibility, whether driven by compliance or commercial interests.”

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.