IZEA Inc. (IZEA)

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IZEA Q4 Momentum Accelerates

Source: GlobeNewswire Inc.

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/.