AUDIOEYE INC
TUCSON, AZ and ERIE, PA--(Marketwired - Oct 20, 2014) - AudioEye®, Inc. (
"GoErie.com provides a great example of how compliance with ADA mandates can also increase the reach and utility of even the most dynamic content," stated Nathaniel Bradley, Chief Executive Officer of AudioEye, Inc. "In Erie and nationwide, GoErie.com provides mission critical news and information to students via the Internet, and its goal is for this information to be accessible to all, including the disabled, through its Newspaper in Education program. We are proving the scalability of our model and its ability to replicate sales through this initiative. By expanding our revenue base through licensing, we are able to accelerate through break even cash-flow, and the launch of GoErie.com underscores the breadth and depth of the markets for our normalizing technology."
What is News in Education?
News in Education is a nationwide program started in 1966, under which newspapers act to supplement the usual textbooks and teaching materials within the educational community. News in Education programs provide teachers with innovative and versatile resources linked to the information, people and events making news today. Students and teachers alike discover a wealth of new ideas that make learning interesting and fun, while reinforcing reading and writing proficiency, as well as science, math and other vital academic and life skills. News in Education offers a variety of materials and curriculums to support the classroom experience.
NIE helps advance education for students in several ways by:
- Developing research skills;
- Applying academic study to practical experiences;
- Building student comprehension of local, national and international issues;
- Growing self-esteem through positive classroom experiences; and
- Encouraging class participation
Christopher LaFuria, NIE Coordinator for the Times Publishing Company, stated, "As most school districts look to ensure inclusive practices, the Internet-based assistive technology now available allows teachers within the NIE program to be more adaptable to their students' needs. We could not maximize our level of outreach without the resources and technology provided by AudioEye."
About Times Publishing Company
Founded by John Mead on April 12, 1888, the first edition of the Erie Daily Times was produced in a small cellar office at West 9th and State Streets. John Mead eventually acquired the newspaper from his eight partners, and the Erie Daily Times has remained in the Mead family ever since. In 1949, the company continued to expand its coverage by introducing a new Sunday edition, the Sunday Times-News. The new paper was an immediate success. In 1997, GoErie.com was launched, along with CyberInk, an Internet marketing company. April 12, 2013 marked the 125th anniversary of the Erie Times-News. To learn about the history of the Erie area visit goerie.com/history.
About AudioEye, Inc.
Incorporated in 2005, AudioEye focuses on working to improve the mobility, usability and accessibility of all Internet-based content through the development, sale, licensing and use of its proprietary accessibility technologies. Audio Internet® is a technology that utilizes patented architecture to deliver a fully accessible audio equivalent of a visual or mobile website in a compliant format that can be navigated, utilized, interacted with and transacted from, without the use of a monitor or mouse, by individuals with visual impairments. For individuals with hearing impairments, Audio Internet® provides captioning for websites, and the challenges of reaching those with other impairments are also addressed by the technology platform.
Complete with an ever-growing suite of utilities tailored to the needs of different disabled users, the AudioEye® Audio Internet® Accessibility Platform is a fully scalable cloud-based solution designed and developed to meet the needs and compliance mandates for an ever-growing demographic.
AudioEye's common stock trades on the OTCQB under the symbol "AEYE". Please visit www.audioeye.com for more information.
Forward-Looking Statements
This release includes forward-looking statements contained within Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements regarding AudioEye's expected future financial position, results of operations, cash flows, financing plans, business strategy, products and services, competitive positions, growth opportunities, plans and objectives of management for future operations, as well as statements that include words such as "anticipate," "if," "believe," "plan," "estimate," "expect," "intend," "may," "could," "should," "will," and other similar expressions, are forward-looking statements. All forward-looking statements involve risks, uncertainties and contingencies, many of which are beyond AudioEye's control, which may cause actual results, performance, or achievements to differ materially from anticipated results, performance, or achievements. Factors that may cause actual results to differ materially from those in the forward-looking statements include those set forth in AudioEye's Form 10-K and other report filings with the SEC. AudioEye is under no obligation to (and expressly disclaims any such obligation to) update or alter its forward-looking statements, whether as a result of new information, future events or otherwise.
