IZEA Q4 Momentum Accelerates
December 16 2020 - 10:30AM
IZEA Worldwide, Inc. (NASDAQ: IZEA), the premier provider of
influencer marketing technology, data, and services for the world’s
leading brands, announced today that it has just been awarded a
mid-six figure contract from a Fortune 500 Manufacturer. The
manufacturing company is an existing customer who has increased its
year over year influencer marketing spend with IZEA. The
announcement comes just days after IZEA reported besting its Q4
2019 managed services bookings number.
“While our team is excited about the surge in new
customer counts we have seen in Q4, repeat business from happy
customers is the key to sustainable growth,” said Ted Murphy,
IZEA’s Chairman and CEO. “On the tail of our previous announcement
we have seen multiple repeat customers sign new commitments, some
for incremental holiday campaigns, and others laying the groundwork
for a successful 2021. We are thrilled about this win in
particular, not only because of the size of commitment and increase
in spend, but because it is a premium brand that our influencers
covet.”
“Despite the continued concerns about COVID-19 we
have an incredible amount of momentum right now,” continued Murphy.
“As the end of 2020 draws near, we remain focused on the additional
opportunities that remain in our pipeline for the quarter. We
intend to make every effort possible to extend the year over year
growth in managed services and close out the year on a high
note.”
About IZEA Worldwide, Inc.IZEA
Worldwide, Inc. (“IZEA”) operates IZEAx, the premier online
marketplace that connects marketers with content creators. IZEAx
automates 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,” “hope,”
“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 Smith
IZEA Worldwide, Inc.
Phone: 407-674-6911
Email: ir@izea.com
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