SOURCE: IZEA, Inc.

IZEA, Inc.

January 12, 2016 08:00 ET

IZEA Q4 2015 Bookings Grow 167% Year Over Year

Company Closes First Contract in Excess of $1 Million

ORLANDO, FL--(Marketwired - January 12, 2016) - IZEA, Inc. (OTCQB: IZEAD), operator of the premiere online marketplace that connects brands with influential content creators, announced 167% year over year bookings growth in the fourth quarter of 2015 to $7.3 million, the highest quarterly performance in the history of the company. Annual bookings for the company grew from $9.0 million in 2014 to $24.5 million in 2015, up 171% year over year.

"IZEA had an exceptional Q4, continuing our pattern of sequential quarter over quarter bookings growth throughout 2015," said Ted Murphy, IZEA's Chairman and Chief Executive Officer. "In addition to achieving the highest quarterly bookings in the history of the company, we also closed our first individual contract in excess of $1 million with a Fortune 500 company. Our average deal size grew 92% from 2014 to 2015, fueled largely by increased spending from repeat clients and increasing effectiveness of our sales organization. IZEA's positive momentum continues and we are positioned well for growth in 2016."

The company plans to release full financial results for 2015 on March 29, 2016.

About IZEA

IZEA operates the premiere online marketplace that connects brands with influential content creators. IZEA creators range from leading bloggers and social media personalities to A-List celebrities and professional journalists. Creators are compensated for developing and distributing unique content on behalf of brands including long form text, videos, photos and status updates. Brands receive influential consumer content and engaging, shareable stories that drive awareness. For more information about IZEA, visit http://corp.izea.com.

Safe Harbor Statement

This press release contains forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934. Statements in this press release that are forward-looking include the company's bookings. These forward-looking statements are based largely on IZEA's expectations and are subject to a number of risks and uncertainties, certain of which are beyond IZEA's control. Actual results could differ materially from these forward-looking statements as a result of, among other factors, competitive conditions in the social sponsorship segment in which IZEA operates, failure to popularize one or more of the marketplace platforms of IZEA, difficulties in integrating platforms and operations and achieving the expected benefits from future acquisitions and changing economic conditions that are less favorable than expected. In light of these risks and uncertainties, there can be no assurance that the forward-looking information contained in this respect will in fact occur. Please read the full statement and disclosures here: http://corp.izea.com/safe-harbor-statement.

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Contact Information

  • IZEA Investor Relations:
    Budd Zuckerman
    Genesis Select
    303.415.0200
    Email contact

    IZEA Media Relations:
    Brent Diggins
    Allison & Partners
    (480) 516-2035
    Email contact