AudioEye has launched a Behaviorial Health initiative within a market vertical that is expected to generate over $5 million in revenue from its Audio Internet platform, the sale of licensed technologies, and patent licensing, over the next 12 months.
According to the company, deployment of its technologies has been achieved through its partnership with La Frontera Community Solutions. Recently, AudioEye installed secure closed network video monitoring systems at its Sunnyside Pointe Villas Community Center in Tucson, Arizona. Sunnyside Pointe Villas is a (low income) senior community. The inclusion of AudioEye's technology, La Frontera Community Solution's development of its own technologies, and technology licensing have enabled Sunnyside Pointe Villas Community Center to incorporate affordable monitored housing offerings that are designed to allow its residents to age in place.
"We are using patented technologies, along with our own proprietary technologies and 50 years of experience in the field of Behavioral Healthcare, to present our community with solutions," stated Dan Ranieri, President and CEO of La Frontera Arizona. "Mobile technology, networks and Internet-connected devices have set the stage for affordable monitored solutions that are secure, safe and enabling to those with special needs within our community. Our work with AudioEye has accelerated our progress and provided us with access to intelligent voice technology that enriches the lives of those living in our residential communities."
"AudioEye has identified another growth vertical within the behavioral healthcare market by utilizing its Audio Internet technology to enable more effective dialogue and exciting integrated solutions," observed Nathaniel Bradley, CEO of AudioEye, Inc. "Revenues are derived from the efficiencies and value that our systems create. In the Behavioral Healthcare market, the value of using our voice technologies to improve the quality of life and peace of mind of residents is very rewarding for all involved in this important initiative."
La Frontera Arizona has developed the resources and expertise to address issues of behavioral health, housing, family and children's services, employment, crisis intervention, and community and cultural education.
AudioEye focuses on the mobility, usability and accessibility of all Internet-based content through the development, sale, licensing and use of its proprietary accessibility technologies.
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