IZEA - IZEA Announces Contract Expansions with Multiple Fortune 200 Customers
Orlando, Florida, June 11, 2019 (GLOBE NEWSWIRE) -- IZEAWorldwide, Inc. (NASDAQ: IZEA),operator of IZEAx®, the premier online marketplace connecting brands and publishers with influential content creators, announced that it has expanded its relationships with multiple Fortune 200 customers. The company has signed a SaaS license renewal with a global electronics manufacturer, expanding platform usage to an additional division of the organization. The company has also signed a mid six-figure managed services contract with a leading global retailer to provide influencer marketing services, and has been awarded additional business by a global financial services provider.
“We have had some strong wins in the back half of Q2 following the release of IZEAx 3.0 and the successful completion of our fundraise,” commented Ted Murphy, the Company’s CEO. “Not only have we added some incredible new marquee customers in the quarter, many of our largest existing customers are expanding their relationships with us. We recently signed a 2-year SaaS license extension with another customer that used our platform last year to buy over $2 million in content directly from our creators.”
To learn more about IZEAx 3.0 please visit https://izea.com/unity-suite/.
About IZEA Worldwide, Inc.
IZEA Worldwide, Inc. (“IZEA”) operates IZEAx,the premier online marketplace that connects marketers with content creators. IZEAxautomates influencer marketing and custom content development, allowing brands and agencies to scale their marketing programs. IZEA creators include celebrities and accredited journalists. Creators are compensated for producing unique content such as long and short form text, videos, photos, status updates, and illustrations for marketers or distributing such content on behalf of marketers through their personal websites, blogs, and social media channels. Marketers receive influential content and engaging, shareable stories that drive awareness. For more information about IZEA, visit https://izea.com/.
Safe Harbor Statement
All statements in this release that are not based on historical fact are “forward-looking statements” intended to qualify for the safe harbor from liability established by the Private Securities Litigation Reform Act of 1995. Forward-looking statements, which are based on certain assumptions and describe our future plans, strategies and expectations, can generally be identified by the use of forward-looking terms such as “may,” “will,” “would,” “could,” “should,” “expect,” “anticipate,” “estimate,” “believe,” “intend,” "likely," "projects," “plans,” "pursue," "strategy" or "future," or the negative of these words or other words or expressions of similar meaning. Examples of forward-looking statements include, among others, statements we make regarding expectations concerning IZEA’s ability to increase revenue and bookings, growth or maintenance of customer relationships, and expectations concerning IZEA’s business strategy. Forward-looking statements involve inherent risks and uncertainties which could cause actual results to differ materially from those in the forward-looking statements, as a result of various factors including, among others, the following: competitive conditions in the content and social sponsorship segment in which IZEA operates; failure to popularize one or more of the marketplace platforms of IZEA; our ability to establish effective disclosure controls and procedures and internal control over financial reporting; our ability to satisfy the requirements for continued listing of our common stock on the Nasdaq Capital Market; changing economic conditions that are less favorable than expected; and other risks and uncertainties described in IZEA’s periodic reports filed with the Securities and Exchange Commission. The forward-looking statements made in this release speak only as of the date of this release, and IZEA assumes no obligation to update any such forward-looking statements to reflect actual results or changes in expectations, except as otherwise required by law.
Martin SmithIZEA Worldwide, Inc.Phone: 407-674-6911Email: ir@izea.com