ORLANDO, Fla.–(BUSINESS WIRE)–IZEA
Worldwide, Inc. (NASDAQ: IZEA),
operator of IZEAx®, the premier online marketplace connecting brands and
publishers with influential content creators, today announced that it
has expanded its relationship with a Fortune 1000 Internet Services
Company. The company has signed a six-figure commitment to increase
production of custom content for its online properties. This is the
second meaningful expansion of the relationship within the past two
quarters.
“Large quantities of targeted, high quality content are the foundation
for search engine optimization,” said Ted Murphy, Founder and CEO of
IZEA. “We see investments in content production delivering increased
engagement for customers ranging from e-commerce companies to online
publishers. Increasing traffic from organic search results and shareable
content can lower customer acquisition costs, bolster monetization
opportunities, and make companies less reliant on paid media in the long
term.”
IZEA recently reported record bookings of $11.2 million for Q4 2018, up
115% YoY. The company expects to report financial results for the fourth
quarter of 2018 on March 28, 2019.
About IZEA Worldwide, Inc.
IZEA Worldwide, Inc. (“IZEA”) operates online platforms that connect
marketers with content creators. IZEA platforms automates influencer
marketing and custom content development, allowing brands and agencies
to scale their marketing programs. IZEA influencers include everyday
creators as well as 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
This press release contains forward-looking statements within the
meaning of Section 27A of the Securities Act of 1933, as amended, and
Section 21E of the Securities Exchange Act of 1934, as amended.
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 “anticipates,”
“believes,” “estimates,” “expects,” “intends,” “may,” “plans,”
“projects,” “will,” “would” or other comparable terms. Examples of
forward-looking statements include, among others, statements we make
regarding expectations concerning IZEA’s ability to increase its revenue
and sales pipeline, expectations with respect to operational efficiency,
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; 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. 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.