TUCSON, Ariz., Jan. 20, 2015 /PRNewswire/ -- AudioEye®, Inc. (OTCQB: AEYE) ("AudioEye") ("the Company") today announced that its software development team along with behavioral management teams from the Grafton Integrated Health Network (Grafton) and ProEventa, Inc. have begun the process of deploying a breakthrough software solution known as Reliable Evidence Based Outcomes Optimization Technologies (R.E.B.O.O.T.). The Software as a Service (SaaS) platform is now being utilized at Grafton's schools located in Virginia, West Virginia and Florida.
R.E.B.O.O.T. is a structured, scalable and sustainable software system used to identify, monitor, and evaluate a single user or an entire organization's progress towards mastery of any achievable task, objective or goal. The software system provides an embed data-driven decision-making capability that lends itself to the treatment, regimented instruction and planning processes developed, used and perfected at Grafton which have been providing services for students with special needs since 1958. The new Internet based and mobile solution is applicable in several strategic vertical markets. AudioEye, Grafton and their respective partners are executing go-to-market strategies for R.E.B.O.O.T.
There are several steps to the process facilitated by the R.E.B.O.O.T. software for customers of the platform including the following key utilities: (1) ability for conducting a thorough assessment of the individual's strengths and needs, (2) system to generate and capture written goals that are functional, measurable, and specific to the needs, (3) collecting data, typically on a weekly basis, from a growing number of compatible and automated sources and data inputs (4) graphing data and comparing them to a Minimum Growth Line, (5) determining level of progress according to a specific standard, and (7) providing a reporting mechanism to identify goal mastery rates at all levels within an individual or on an organizational level. Grafton has maintained a goal mastery rate at or above 80% for the past several years using the system. Through R.E.B.O.O.T. individuals with unique abilities and sometimes with the help of teachers, healthcare providers, caretakers and families are able to make measured improvements in their functioning and quality of life.
R.E.B.O.O.T. is integrated with the AudioEye Web A11Y Management Platform™ and its industry leading assistive tools. Management believes that the combined offering has compelling market potential in several opportunity verticals.
Additionally, to the success of Grafton and AudioEye with R.E.B.O.O.T. was the good news in the continued and groundbreaking development of a training technology, process and apparatus technology known as Ukeru Systems (Ukeru). Ukeru is a technology owned and developed by Grafton, which hired and has partnered with AudioEye since 2012 for the purpose of developing intellectual property patents and products that reduced their inventions to practice and ultimately in 2014 to manufacturing. The completed product line includes a consultative component and e-learning system. Ukeru provides a process and system for crisis management and it eliminates the need for the institutional use of human restraints and reduces or eliminates the injuries and liabilities that they have been proven to cause.
Grafton obtained a contract award for Ukeru Systems from the State of California by winning its bid for a behavioral support/crisis management training services. The contract which is awarded to Grafton School, Inc. by the California Department of Developmental Services is in the amount of $661,939.00 for 2015.
"Our teams' roll-out of R.E.B.O.O.T. within Grafton Schools is the culmination of years of effort and investments of many long hours solving for difficult problems that were overcome by talented and skilled practitioners from the IT and behavioral management fields with whom we've been privileged to work with," stated Nathaniel Bradley, Chief Executive Officer of AudioEye, Inc. "Being part of Grafton's success and execution is among our great accomplishments at AudioEye. We believe this progress in the behavioral management market and our projects with Grafton over the coming weeks and months will have a meaningful impact on AudioEye's performance in 2015 and beyond. Together, we've made an unabashed start to our 2015 campaigns. Our innovations have the potential to help millions of users obtain a better quality of life and peace of mind and this is a very important value in our developing culture as a company."
About Grafton Integrated Health Network (Grafton)
Grafton began providing services for students with special needs in 1958, and in the 1970s the organization began to truly define its role in the field of treating disabilities. Grafton's development of the first residential educational program for individuals with autism was followed by the adoption by many public school systems of services and programs specifically designed for individuals with disabilities. Today, as an industry leader in behavioral healthcare, Grafton empowers individuals to lead better lives. The organization provides continuous and coordinated services ranging from short-term stabilization and residential services to outpatient services and educational/career/technical training. These programs, along with a data-driven, trauma-informed model, help Grafton to develop successful plans of care, and clients thrive in a variety of settings. Grafton provides a continuum of services to children, youth and adults, including applied behavior analysis, early intervention, psychiatric residential treatment facilities, a short-term stabilization program, special education programs, community-based group homes, intensive outpatient programs, and outpatient services.
For more information on Grafton Integrated Health Network's services and expertise, please visit www.grafton.org.
About AudioEye, Inc.
Incorporated in Tucson, Arizona in 2005, AudioEye focuses on achieving Web access equality and usability for all people through technological expertise and innovation.
The AudioEye Web A11Y Management Platform™ provides publishers full control over the accessibility of their web assets and web environments, allowing such publishers to recognize, remediate, and report the real-time accessibility status of their web and mobile sites.
AudioEye is the creator of the world's first and only cloud-based cross-platform/cross-browser reader solution for accessible web browsing. AudioEye's flagship product presents site visitors with a screen-reader-like user experience and improves the "friendliness" of the web for all users, regardless of their unique abilities.
Whether an individual seeking improved access and usability or a publisher looking to ensure the highest level of accessibility compliance and reach across electronic information technologies, AudioEye is Your Web Accessibility Ally™.
AudioEye's common stock trades on the OTCQB under the symbol "AEYE". Please visit www.audioeye.com for more information.
The Company maintains offices in Tucson, New York, Atlanta and Washington, D.C.
Forward-Looking Statements
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 AudioEye'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 AudioEye'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 AudioEye's Form 10-K and other report filings with the SEC. AudioEye is under no obligation to (and expressly disclaims any such obligation to) update or alter its forward-looking statements, whether as a result of new information, future events or otherwise.
CONTACT: Nathaniel Bradley, CEO, AudioEye, Inc., (866) 331-5324, or RJ Falkner & Company, Inc., Investor Relations Counsel, (830) 693-4400, info@rjfalkner.com
To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/audioeye-announces-progress-in-behavioral-management-market-initiatives-300022775.html
SOURCE AudioEye, Inc.