TUCSON, AZ -- (Marketwired) -- 07/31/13 --
AudioEye®, Inc. (OTCQB: AEYE), creator of the Audio Internet™, the patented audio browsing and automated publishing technology platform, today announced that the United States Patent and Trademark Office has issued a Notice of Allowance for AudioEye's continuation patent filing "System and Method for Creating Audio Files". The Company received notification on Tuesday, July 30, 2013 from patent counsel Patton Boggs that it had received the Notice of Allowance. AudioEye's counsel is finalizing the requirements for patent issuance and will inform AudioEye when the formal patent number has been issued -- a process that usually takes between one and three months to complete.
The term of the patent was lengthened by 997 days under 35 U.S.C. 154 (b), thereby extending its expiration date to the year 2026. The Company is also pursuing international patent applications corresponding to this allowed U.S. patent application.
The new patent adds 20 new claimed inventions, with a priority date of August 8, 2003, and further expands AudioEye's coverage in the field of automated Internet multi-format multimedia publishing. The technology allows users to continue publishing their Internet content and applications through their systems and via automated means, as AudioEye's cloud-based software platform enables the creation of a mirror image of published content in a completely audio format. Complete with audio navigation, the functionality of any AudioEye-enabled website or mobile site can be accessed without the use of traditional point-and-click technologies. End users are able to access all content, functionality and transactional components of AudioEye-enabled sites without having to use a monitor or mouse. Brands and publishers are able to engage in a dialogue with consumers and other relevant audiences, while website users benefit from mobile, accessible and usable experiences in an audio format.
"As the scope and depth of our platform continues to expand with innovative new technologies designed to allow websites to become more accessible, mobile and compliant with the 21stCentury Communications Act, we will continue to patent our innovations," commented Nathaniel Bradley, Chief Executive Officer of AudioEye, Inc. "We are pleased to receive this latest Notice of Allowance, which provides further evidence of AudioEye's early Internet initiatives and pioneering tenure in this rapidly emerging market."
Nathaniel Bradley is the named inventor on all six of AudioEye's issued patents that are foundational to the Company's software as a service (SaaS) product line called the Audio Internet. The Audio Internet is a software service that allows any publisher to provide Internet users with a fully audio, narrated, hands-free and vision-free version of its website. By making Internet content available to users that are challenged by language barriers or disabilities such as dyslexia, autism, and low vision, in a searchable captioned multi-media format, the Audio Internet provides solutions to key issues that companies and government agencies face on a global scale.