IZEA Kicks Off 2021 with New Contracts From Two Fortune 10 Companies
January 05 2021 - 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 is off to a strong start in
2021 following the award of several new influencer marketing
contracts on Monday. Among them were commitments from two Fortune
10 customers, both returning for expansion of their influencer
marketing programs with IZEA. When compared against the total
managed services bookings from January 2020, the combined value of
these contracts in the first week of 2021 already exceeds 50% of
last January’s total. These wins continue upon the surge of Managed
Service bookings that IZEA saw in Q4 of 2020. Managed Services
bookings increased 48% in Q4 of 2020, as compared to Q4 2019.
“We are pleased to start 2021 with a bang,” said
Ted Murphy, IZEA’s Chairman and CEO. “Our team has been working
diligently to navigate a complex and challenging landscape over the
past nine months. These wins are reflective of our collective
effort to adapt and evolve as an organization.”
“Growth is our primary focus for 2021,” continued
Murphy. “We are already within striking distance of our January
2020 Managed Services bookings number on the first business day of
the month. Looking ahead, we are well positioned to continue our
strong positive momentum in Q1 despite the ongoing macro challenges
related to the COVID-19 pandemic.”
About IZEA Worldwide, Inc.IZEA
Worldwide, Inc. (“IZEA”) is a marketing technology company
providing software and professional services that enable brands to
collaborate and transact with the full spectrum of today’s top
social influencers and content creators. The company serves as a
champion for the growing Creator Economy, enabling individuals to
monetize their content, creativity, and influence. IZEA launched
the industry’s first-ever influencer marketing platform in 2006 and
has since facilitated nearly 4 million transactions between online
buyers and sellers. Leading brands and agencies partner with IZEA
to increase digital engagement, diversify brand voice, scale
content production, and drive measurable return on investment.
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.
Press Contact
Martin Smith
IZEA Worldwide, Inc.
Phone: 407-674-6911
Email: ir@izea.com
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