AudioEye, Inc. announced that David Moradi, 44, a director since 2019, was appointed Interim Chief Executive Officer. Mr. Moradi will continue to serve as a director. In September 2018, Mr. Moradi founded and became Chief Executive Officer of Sero Capital LLC. Mr. Moradi also co-founded and is Executive Chairman of First Contact Entertainment Inc. Heath Thompson, 60, ceased to be Chief Executive Officer.
AudioEye, Inc. is a digital accessibility platform company that delivers Website accessibility compliance at all price points to businesses of all sizes. The Company operates in one segment as a provider of Internet content publication and distribution software and related services and enables the conversion of digital content into accessible formats and allows for real-time distribution to end users on any Internet-connected device. Its solutions are backed by machine-learning/artificial intelligence-driven technology that finds and fixes common accessibility errors. Its technology addresses a range of disabilities, including dyslexia, color blindness, epilepsy, and more. Its offerings include an always-on testing, remediation, and monitoring solution. The Company offers additional solutions, such as periodic auditing, human assisted technological remediations and legal support services. It also offers remediation services and Native Mobile App and Audit reports to help its customers.