AudioEye Goes Public, Receives New U.S. Patents
AudioEye, Inc. the Tucson-based creator of the Audio Internet ™ has gone public and will expand their coverage in the field of automated Internet.
The company broke away from its parent company CMG Holdings Group last August after being acquired just two years before and is now trading on the OTCQB, an over-the-counter stock market, under “AEYE”.
AudioEye was founded in 2003 and has developed a platform to provide a fully audio Internet when connected to voice recognition and artificial intelligence engines. The technology allows navigation and transactions through voice recognition.
The software gives any publisher the ability to provide Internet users with fully audio, narrated, hands- and vision-free versions of its website, something many companies and government agencies require.
AudioEye has partnered with government sales specialists giving them a team of over 50 salespeople with ties to government agencies and has added a team of developers with experience in developing enterprise-level platforms.
“These initiatives set the foundation for the future of our company, both on providing a cutting edge platform enabling an audio Internet experience and true accessibility for all end users,” said Jim Crawford, Chief Operating Officer for AudioEye. “Also giving us access to the Government market where the mandate to comply with the 21st Century Communications and Video Accessibility Act creates a strong fit for our product.”
The 21st Century Communications and Video Accessibility Act was passed in 2010 to increase the access of persons with disabilities to modern communications; a law that AudioEye hopes to benefit from.
The announcement of the company going public comes in tandem with the news of AudioEye receiving a new U.S. Internet audio publishing patent that will protect audio publishing features and provide protection across multiple markets for an upcoming release of the Audio Internet ™.
The new patent adds 20 additional claimed inventions and increases the company’s coverage of automated Internet publishing. AudioEye is also seeking international patents of a similar nature.
Read more about AudioEye on AZTB here.