TUCSON, Ariz., June 20, 2017 /PRNewswire/ -- AudioEye, Inc. (OTCQB: AEYE) ("AudioEye" or the "Company") today announced two cash contract bookings with major global fashion brands, further expanding its global brand reference accounts in the retail & e-commerce end market.
"As awareness of the need for digital accessibility continues to grow, we see more and more inquiries from corporations seeking solutions that not only bring best in class accessibility solutions, but also a measurable ROI," said AudioEye CEO Todd Bankofier. "This is particularly true in our retail and e-commerce end market, where AudioEye helps our corporate subscribers engage with a greater portion of their prospective customer audience, including the up to 15 percent that may find it difficult to access digital content or transact online."
AudioEye's two newest e-commerce customers each have significant customer-facing components and e-commerce initiatives embedded within their sites. One is a category leading multinational fitness and lifestyle attire brand, and the other is an iconic global luxury shoe, handbag and accessories brand. Both are engaged in customer education, e-commerce and brand building on their sites.
Executive Chairman Dr. Carr Bettis stated: "These two recent SaaS subscription bookings demonstrate not only the growing commitment of companies to making digital content accessible for those with disabilities, but also to increasing recognition of the importance of ensuring fully usable content for customers on highly monetized e-commerce digital websites. Our qualified new business pipeline continues to grow as these and other new contract bookings expand our market presence and generate greater customer awareness within our key end markets, driving a steady stream of inbound sales inquiries in addition to our outbound sales and marketing efforts."
About AudioEye, Inc.
AudioEye's software enables every enterprise, from corporations to government agencies, to make their content more consumable through technology.
More accessible. More usable. More people.
AudioEye's common stock trades on the OTCQB under the symbol "AEYE." The Company maintains offices in Tucson, Atlanta and Washington D.C. For more information about AudioEye and its online accessibility solutions, please visit https://www.audioeye.com.
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, including the risk that the Company's bookings will not increase as currently expected or at all. 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.
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