/UCW/ ORLANDO, FL IZEA, Inc. (NASDAQ: IZEA) (OTCQB: IZEA), operators of IZEAx, the premier online marketplace connecting brands and publishers with influential content creators, will begin trading on the Nasdaq Capital Market on February 26, 2016 under the symbol, “IZEA.”
“Joining the elite group of companies on Nasdaq represents a major company milestone, and one that demonstrates the tremendous progress we’ve made over the past year,” said IZEA Chairman and CEO, Ted Murphy. “We expect our move to Nasdaq to increase our visibility, improve liquidity, expand our shareholder base, and ultimately enhance shareholder value.”
“We would like to thank our team members, investors and the IZEA community of creators and brands for their support and commitment since our founding in 2006,” continued Murphy. “We plan to build on our success and strengthen our commitment to innovation in our industry.”
IZEA reported earlier that it realized 167% growth in bookings in the fourth quarter of 2015 compared to the fourth quarter 2014, reaching a record $7.3 million. Bookings for the full year were up 171% to $24.5 million. Average deal size grew 92% from 2014 to 2015, driven primarily by repeat clients and the growing effectiveness of its sales organization. The company plans to report their full financial results for 2015 on March 29, 2016.
Important Cautions Regarding Forward Looking StatementThis 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 future market values and launch dates. These forward-looking statements are based largely on IZEA’s current 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, inability to obtain additional capital on a timely basis, difficulties in integrating Ebyline’s platforms and operations and achieving the expected benefits from the acquisition, 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 press release will in fact occur. Please read the full statement and disclosures here: http://corp.izea.com/safe-harbor-statement.