TUCSON, Ariz., Jan. 14, 2022 /PRNewswire/ -- The Board of
Directors of AudioEye, Inc. (NASDAQ: AEYE), an
industry-leading digital accessibility platform delivering website
accessibility compliance to businesses of all sizes, has appointed
David Moradi as its Chief Executive
Officer (CEO), effective January 13th,
2022.
David Moradi has served as the
Company's interim CEO over the last 18 months, a period of
significant progress in the Company's transition to a highly
scalable platform with industry-leading gross margins and
considerable improvements in the Company's product, technology, and
go-to-market.
Executive Chairman Carr Bettis
said, "Over the past two years, David has skillfully, tenaciously,
and tirelessly led AudioEye's transformation into a higher margin
and more scalable enterprise with a truly differentiated product
that brings transparency to the issues of web accessibility.
He sets the tone with his relentless pursuit of excellence and his
passion for eradicating all barriers to digital accessibility, and
he has assembled an extremely strong leadership team to help
achieve this mission. We value not only his strong leadership and
commitment but also the significant personal financial investment
he has made in AudioEye, which we believe strengthens the alignment
of interest between management and other shareholders."
David Moradi is an entrepreneur,
investor, and advisor to numerous market-leading technology
companies. Moradi is Co-Founder and Executive Chairman of First
Contact Entertainment, a leading virtual reality (VR) game
development studio. He is also the founder and CEO of Sero Capital
LLC, a family office that invests in all stages of a company's
lifecycle, from angel investing to late-stage private
investments.
Before First Contact and Sero Capital, Moradi was the founder
and CEO of Anthion Management, a technology fund with peak assets
exceeding one billion dollars. Before
Anthion, Moradi was a Portfolio Manager at firms including Pequot
Capital Management and Soros Fund Management. Before that, he was a
special situations analyst at Imperial Capital. Moradi holds a B.A.
in psychology from the University of
California, Los Angeles. He is also the founder and Chairman
of the David Moradi Foundation, a charitable foundation supporting
education and veterans.
Moradi added, "My tenure at AudioEye began as Chair of the
Strategic Committee of the board of directors in 2019, with the
goal of building a scalable product with high gross
margins. We have made tremendous progress on these initiatives, and
I am excited to continue working with one of the best leadership
teams I've worked alongside, as well as exceptional employee
talent. We have hired over 90 people over the last 18 months,
including every member of leadership, and now have the strongest
team at any point in the Company's history."
About AudioEye
AudioEye is an industry-leading digital accessibility
platform delivering ADA and WCAG compliance at scale. By combining
easy-to-use technology and subject matter expertise, AudioEye helps
companies and content creators solve every aspect of web
accessibility — from finding and resolving issues to
navigating legal compliance, to ongoing monitoring and upkeep.
Trusted by the FCC, ADP, SSA, Samsung, and others, AudioEye
delivers automated remediations and continuous monitoring for
accessibility issues without making fundamental changes to website
architecture, source code, or browser-based tools. Join us on our
mission to eradicate barriers to digital access,
visit www.audioeye.com.
Corporate Contact:
AudioEye, Inc.
Dr. Carr Bettis, Executive
Chairman
cbettis@audioeye.com
Investor Contact:
Matt
Glover or Tom Colton
AEYE@gatewayir.com
(949) 574-3860
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SOURCE AudioEye, Inc.