TUCSON, AZ — (Marketwired) — 10/02/13 — AudioEye®, Inc. (OTCQB: AEYE), creator of the Audio Internet patented audio browsing and automated publishing technology platform, today announced that the Company has received a Notice of Allowance from the U.S. Patent and Trademark Office (“USPTO”) on a patent application related to its Audio Internet patent portfolio.
The newly allowed patent application protects innovations related to the Company-s system and method for generating audio content. Within embodiments of the invention, and in a process proprietary to AudioEye, content is automatically retrieved from an original website according to a predetermined schedule and converted into one or more audio files. A hierarchy is assigned to the audio file(s) to provide an audible website that represents a mirror image of the hierarchy, navigation and functionality of the retrieved content.
“AudioEye-s Audio Internet represents a new paradigm in online content publication and consumption,” stated Nathaniel Bradley, the named inventor on the allowed patent and Chief Executive Officer of AudioEye, Inc. “We can publish anything our customers publish, automatically, in multiple formats. If our customers publish text, we publish audio. If customers post rich media online, we caption it and provision the controls necessary for functionality. The entirety of AudioEye-enabled mobile content is accessible by hearing- and vision-impaired users without the need for point-and-click or visual and gestural methodologies.”
Embodiments consistent with this invention generally relate to data processing for the purpose of navigating a computer database. More specifically, such embodiments relate to a method and apparatus for creating audible or alternative output that is compatible with computers, electronic tablets, mobile phones and audio playback devices. The invention allows any users, but especially vision-impaired and disabled users, to access and navigate the output based on accessible cues.
The Notice of Allowance from the USPTO represents the seventh U.S. patent issued to AudioEye. International counterparts are being pursued, as well as several patents in continuation, division and within areas of new technology development in fields involving computer science, management information systems, mobile networks, content management systems, computer engineering and interactive media broadcasting.
The latest Notice of Allowance follows AudioEye-s receipt, on July 30, 2013, of a separate Notice of Allowance from the USPTO for its sixth patent, entitled “System and Method for Creating Audio Files”. The Company expects final publication of patent numbers by the USPTO for both the sixth and seventh patents within the next 60 to 90 days.
AudioEye, Inc. (OTCQB: AEYE) has developed patented Internet content publication and distribution software that enables the conversion of any media into an audio-accessible format and allows for real-time distribution to end-users on any Internet-connected device. The focus of the Company is to provide solutions that allow more comprehensive access to the Internet, print, broadcast and other media, irrespective of an individual-s network connection, device, location, or impairment. AudioEye solutions also provide comprehensive E-Learning and E-Commerce systems, as well as a variety of Internet publishing products and services.
The Company is headquartered in Tucson, Arizona, and its common stock trades on the OTC Bulletin Board and the OTCQB under the symbol “AEYE”.
Audio Internet and AudioEye are Registered Trademarks of AudioEye, Inc., All Rights Reserved. The systems and technologies described herein are protected all or in part by US7966184, US7653544, US8046229, US8296150, US8260616 and patents allowed or pending in the U.S. and internationally. These products enable all customers to create and deliver highly scalable accessible voice browsing applications. For more information, please visit or call 866.331.5324
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 the Company-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 the Company-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 the Company-s Form 10-K and other reports filed with the SEC. The Company is under no obligation to (and expressly disclaims any such obligation to) update or alter the forward-looking statements in this release, whether as a result of new information, future events or otherwise.
For additional information, please contact:
Nathaniel Bradley
CEO
AudioEye, Inc.
(866) 331-5324
or
RJ Falkner & Company, Inc.
Investor Relations Counsel
(830) 693-4400
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