Company Also Adds a Large Musical Retail Customer
TUCSON, Arizona, Feb. 6, 2017 /PRNewswire/ -- AudioEye, Inc. (OTCQB: AEYE) ("AudioEye" or the "Company") today announced that it has secured 51 new banking clients since the beginning of the year, bringing the total number of new banking customers to 175, over the past 12-month period.
In addition, AudioEye announced it entered into a new Digital Accessibility Platform subscription agreement with a large musical retail outlet chain. 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.
"Adding 51 new banking customers in the first forty-seven days of the year surpasses one new client per day, advancing accessibility across one of several target market verticals," said Dan Sullivan, Vice President of Sales for AudioEye. "Risk mitigation continues to be the dominant driver in the increase of service agreements, but when our potential new customers realize accessibility opens up access and usability to a new population of users to upwards of 10%-15% of the population, they find a true return on investment (ROI) in our service."
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 and Atlanta.
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.
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