AudioEye Appoints Sach Barot as Chief Financial Officer

TUCSON, Ariz. –  May 13, 2019— AudioEye, Inc. (NASDAQ: AEYE), a leading provider of digital accessibility solutions that provides barrier-free website access for individuals with disabilities, announced that Sach Barot will join its executive leadership team as the company’s Chief Financial Officer (CFO) on May 16, 2019.

Barot is a proven corporate finance executive and business leader, bringing 20 years of experience to the AudioEye team, most recently having served as CFO, Global Operations for Dun & Bradstreet Corporation (D&B).

Barot has an extensive background in the commercial data and information services sector and a record of delivering strong results through hands-on financial, strategic and operational leadership. His expertise in analytics-driven P&L management, corporate strategy, business process reengineering and cultural transformations informs his work.

Barot began his career at D&B in 2002 as a Financial Analyst and held roles with progressive responsibility, culminating with the position of CFO, Global Operations, supporting approximately $1.7 Billion in annual revenues.

“Sach is a results-driven, principled leader with an exceptional record of hands-on financial, strategic and operational management,” said Carr Bettis, AudioEye Executive Chairman. “As we continue our aggressive upward trajectory, we are confident Sach’s leadership will enable us to unlock financial and operational efficiencies to drive profitable business growth. We look forward to benefiting from his unique talents and experience.”

Barot added: “I am looking forward to joining the leadership team of AudioEye, the digital accessibility industry leader. This business is poised for transformational growth for the benefit of both shareholders and those individuals who have been left behind in this digital world.  It is a privilege to join a Company committed to the highest standards of operational excellence, coupled with a culture built on valuing each and every individual, whether a colleague or a customer.  I am eager to leverage my background and relevant skillset to help lead this company in its next stage of accelerating growth.”

Barot received his MBA from the State University of NY at Buffalo and also has a Master’s Degree in International Business from the School of Economics at Devi Ahilya University in Indore, India.

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 that are not historical facts are “forward-looking statements” as that term is defined under the federal securities laws. Forward-looking 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 contained herein include, but are not limited to, statements regarding the Company’s upward trajectory and business growth, unlocking of financial and operational efficiencies and the benefits to be derived from our new Chief Financial Officer’s talents and experience.  These 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 variability of AudioEye’s revenues and financial performance; risks associated with product development and technological changes; the acceptance of AudioEye’s products in the marketplace by existing and potential future customers; competition; and general economic conditions. These and other risks are described more fully in AudioEye’s filings with the Securities and Exchange Commission, including AudioEye’s Annual Report on Form 10-K for the year ended December 31, 2018. There may be events in the future that AudioEye is not able to predict accurately or over which AudioEye has no control. Forward-looking statements reflect management’s view 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 update such forward-looking statements to reflect events or uncertainties after the date hereof.