$17 billion in
implementation costs estimated during the first three years with
$2 billion in additional annual
recurring costs after the initial stage
TUCSON,
Ariz., April 9, 2024 /PRNewswire/ -- AudioEye,
Inc. (Nasdaq: AEYE) ("AudioEye" or the "Company"), the
industry-leading enterprise SaaS accessibility company, announces
its support of the Department of Justice's latest regulations under
Title II of the Americans with Disabilities Act (ADA), as outlined
in the approved rule announced April 8,
2024. The rule adds specific requirements for web and mobile
app accessibility, accelerating efforts by state and local
government entities to ensure that people with disabilities have
equal access to services, programs, and activities, from adoption
services to zoning regulation. These new regulations mark a
significant step forward in ensuring inclusivity and usability for
all.
"This rule represents a historical moment that will have lasting
implications in the lives of an often underserved portion of our
society. We thrive when every citizen has equal access to
information and services and can play an active role in their
community," said David Moradi, CEO
of AudioEye. "We currently serve over 3,000 government entities,
which we believe is the largest number among digital accessibility
providers. We are uniquely positioned to meet the expected
exponential demand increase with our platform combining the latest
in artificial intelligence and human-assisted technology with
members from the disability community."
In the Justice Department's press release, Attorney General
Merrick B. Garland states, "This
final rule marks the Justice Department's latest effort to ensure
that no person is denied access to government services, programs,
or activities because of a disability." The Justice Department said
the rule "will help ensure that people with disabilities have equal
access to a full range of government services including critical
activities like voting, taking online courses, applying for public
benefits, filing taxes and more."
The rule introduces specific technical standards to help ensure
digital accessibility, including:
- State and local government entities must follow the Web Content
Accessibility Guidelines (WCAG) 2.1, Level AA, as the technical
standard, including all public schools, community colleges, and
universities.
- Sites and apps built by private companies but provided or made
available by a government (such as a public parking app run by a
private company) must also adhere to this rule.
- Estimated implementation costs of $17
billion accruing during the first three years (the
implementation period) and $2 billion
in annual costs over the next seven years.
The timeline for compliance varies based on government size.
Government entities with 50,000 or more persons must be compliant
within two years of the rule's final publication date, while
government entities with fewer than 50,000 persons and special
district governments have three years to reach compliance.
About AudioEye
AudioEye exists to ensure the digital
future we build is inclusive. By combining the latest AI automation
technology with guidance from certified experts and direct input
from the disability community, AudioEye helps ensure businesses of
all sizes — including over 110,000 customers like Samsung,
Calvin Klein, and Samsonite — are
accessible and usable. Holding 22 US patents, AudioEye helps
companies solve every aspect of digital accessibility with flexible
approaches that best meet their needs — from finding and removing
barriers to navigating legal compliance to ongoing training,
monitoring, and upkeep. Join AudioEye on its mission to eradicate
barriers to digital access.
Media Contact
Sierra
Thomas
Public Relations
press@audioeye.com
Investor Contact
Tom
Colton or Luke Johnson
Gateway Group, Inc.
AEYE@gateway-grp.com
949-574-3860
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SOURCE AudioEye, Inc.