AudioEye, Inc. Promotes Lonny Sternberg to Chief Operating Officer

TUCSON, Ariz., Dec. 14, 2017 -- AudioEye, Inc. (OTCQB: AEYE) ("AudioEye" or the "Company"), the leader in cloud-based software-as-a-service (SaaS) digital content accessibility solutions, today, announced the promotion of Lonny Sternberg to the position of Chief Operating Officer (COO).

"Lonny has been key to our success. We are thrilled for him to have the opportunity to grow within our company and into this critical position," said Todd Bankofier, CEO of AudioEye. "With the company expanding operations in multiple areas, it is imperative we have the right leadership and expertise. Lonny has demonstrated superior acumen in building crucial infrastructure for our growing company during his three years with AudioEye. It is with great pleasure that we elevate him to this new role so he can continue to provide meaningful contributions to our company and team."

Sternberg will begin in his new role as COO on January 1, 2018.

About Lonny Sternberg

Lonny Sternberg is an accomplished operations leader with proven success in private and public sectors. Mr. Sternberg's expertise spans nearly two decades maximizing operational efficiencies, program development and strategic planning.

Prior to joining AudioEye in 2014 and serving as the Vice President of Operations, Lonny led Sales and Marketing initiatives for a leading Arizona-based Business Technology Solutions Company.  During his tenure, Mr. Sternberg led a team of Sales, Marketing, and Sales Engineering professionals, while working alongside the company's Chief Financial Officer and Founders.

Earlier in his career, Lonny served as a Senior Operations Leader in a private family business that became a market leader and one of the most successful small businesses in Southern Arizona. In his tenure, Lonny led over 80 employees spanning customer relations, distribution, procurement and finance departments. 

Lonny is a Cum Laude graduate from the University of Arizona.

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.

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, including the risk that the Company's bookings, revenue and gross profit will not increase as currently expected or at all, the risk that the Company's cash position will not improve or will worsen, and the risk that the Company's current capitalization plan will not provide the Company with sufficient cash to address its current or future needs or will otherwise not be successful. 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.

For Further information, please contact:

Matt Kreps, Darrow Associates Investor Relations
Email: mkreps@darrowir.com
Phone: (214) 597-8200

Todd Bankofier, AudioEye Chief Executive Officer
Email: tbankofier@AudioEye.com
Phone: (520) 308-6140

AudioEye provides a comprehensive set of tools that enables digital content providers to create experiences that are more accessible, and more usable, for more people.

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