AudioEye, Inc. Completes $1.5 Million Equity Financing

I am looking forward to executing on the business plan by working alongside Todd Bankofier our CEO, Sean Bradley our President and CTO, and the entire AudioEye team," stated Carr Bettis. The Warrants are exercisable at $0.25 per share and expire on the fifth anniversary of the date of issuance. "The business remains on track with our previously published 2016 cash flow forecast and budget. We continue to generate new sales opportunities for the business, and we intend to continue to grow our sales and service infrastructure and invest in technology innovation in accordance with our business plan," said CEO Todd Bankofier. Any statements in this press release about AudioEyes 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.