AudioEye Technology Automates PDF Accessibility for High-Volume Output

Web Accessibility Company Offers Real-Time Remediation of Dynamically Generated PDFs

Tucson, Arizona, February 22, 2017 – AudioEye, Inc. (OTCQB: AEYE) (“AudioEye” or the “Company”) has expanded its core service, web accessibility solutions, to include PDF accessibility solutions. The recently added service offering will allow companies generating high-volume downloadable PDFs via standardized templates, such as insurance cards or billing statements, to deliver accessible dynamically generated PDFs for download on-demand. The real-time document remediation process will help ensure users of AudioEye’s industry-leading platforms further comply with ADA-related digital accessibility requirements and Web Content Accessibility Guidelines (WCAG) 2.0 Level AA.

As a leader in technology-based website accessibility, AudioEye publishes more than one billion remediations daily across thousands of sites for nearly 500 businesses. In compliance with ADA-related digital accessibility requirements and the informative guidance provided through WCAG 2.0 Level AA Success Criteria, this newest platform enhancement enables customers to remediate issues of accessibility impacting their downloadable documents. In 2018, the company has an aggressive growth strategy focused on new product launches, continued penetration in its target markets and expansion into new markets. In January, AudioEye announced preliminary new cash contract bookings of $6.3 million for 2017, a YOY increase of more than 240%.

Under its PDF Remediations Solutions banner, the company refined the process of configuring PDF templates for real-time remediation of dynamically generated, high-volume PDFs through a project completed with HR industry leader, ADP. The company had a need to provide accessible W2s to its clients’ end-users.

Chief Technology Officer, Sean Bradley said, “ADP needed to provide its customers with an accessible solution for one of their highest volume needs, downloadable W-2 forms. AudioEye configured an accessible template, enabling any of the millions of employees working for a client of ADP to login and request an accessible downloadable version of Form W-2.”

“Innovative human resources and benefits tools should be accessible to everyone. Our collaboration with AudioEye is one way we’re making this happen. We’re excited about integrating their technology into our HR solutions so we can enhance the user experience for the employees of clients who may face vision, hearing and cognitive challenges,” Said Don Weinstein, Chief Strategy Officer at ADP.

The widely used portable document format, or PDF, is a file format that provides an electronic image of text or text and graphics that mirrors a printed document, but can be viewed, printed, and transmitted electronically. The popularity of the format is based on its simplicity and convenience. Created from a range of source material, Excel, Word or graphics programs, anything that can be printed can be converted to portable document format.

“For the very reason PDFs are convenient, they are by their nature, inaccessible,” said AudioEye CEO Todd Bankofier. “Ironically, the very convenience of the format that makes PDFs so popular, also make them inaccessible. Simply speaking, a PDF is an image of a document, so like websites, they must be created for accessibility. If a PDF is not properly tagged for accessibility, screen readers perceive it as a single image, rather than a document containing structured information.”

“Web accessibility is only one step of a comprehensive accessibility strategy,” said Bankofier. “Companies and organizations committed to providing equal access to millions of people with disabilities across the range of their digital assets are either moving to capitalize on the use of HTML, or partnering with technology leaders that can efficiently tag and/or remediate their PDFs for accessibility. We are seeing a spike in demand in high growth end markets such as K-12 and financial institutions. In addition, with the Section 508 ICT Refresh, Federal Agencies are now required to ensure WCAG 2.0 AA conformance for all newly published PDF documents uploaded after January 18th, 2018. This represents a massive challenge agencies that can now be addressed through AudioEye’s technology and service offerings.”

“We are excited to take our Digital Accessibility to this next step,” said Mr. Bankofier. “These recent technological advances of our accessibility solutions for online applications helps us reinforce our primary organization goal: making accessibility accessible for content creators and publishers seeking to enable equal and unimpeded access to their digital content.”

About AudioEye, Inc.
AudioEye is a technology company serving businesses committed to providing equal access to their digital content. Through patented technology, subject matter expertise, and proprietary processes, AudioEye is transforming how the world experiences digital content.
Leading with technology, AudioEye identifies and resolves issues of accessibility and enhances the user experience, making digital content more accessible and more usable for 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 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.

For further information, please contact:

Elsa Guerrero
Vice President of Marketing
AudioEye, Inc.
E: EGuerrero@AudioEye.com
P: (520) 448- 3832

Matt Kreps
Darrow Associates Investor Relations
E: mkreps@darrowir.com
P: (214) 597-8200