ORLANDO, FL -- (Marketwired) -- 06/12/13 -- IZEA, Inc. (OTCQB: IZEA), the pioneer of Sponsored Influence, announced the addition of Rick Milenthal to the company's Strategic Advisory Board. Mr. Milenthal is an internationally recognized leader in building marketing services companies with an extensive resume with 30 years of marketing experience spanning the financial, retail and digital media industries.
Currently, he is the co-founder and Executive Chairman of Engauge, one of the United States' largest independent marketing agencies serving clients like Coca-Cola, Nationwide, Hershey, Abbott, Mars, The Home Depot, Nestle and UPS. Engauge became a portfolio company of private equity fund Halyard Capital in 2007.
Additionally, Mr. Milenthal is the Chairman of Fugent, the leader in communications technology for the financial services industry. He is also a Venture Partner of NCT Ventures, a high performance venture capital company investing in marketing technology companies, since April 2010.
Milenthal is the Chairman of People to My Site, the leader in digital services that drives local demand to national brands, and serves on the board of DoMedia, the leading digital marketplace for out of home media. He is also the Chairman and co-founder of Loyalty Commerce, a leader in connecting online shoppers and retailers, and is a co-founder and former chairman of Worldwide Partners, Inc., the largest network of independent agencies in the world, with 87 agencies in 53 companies.
"Sponsored influence is at an all time high, and IZEA continues to remain at the top of the pyramid," said Milenthal. "The company's methods of enabling native advertising through technology constantly evolves to capture emerging media audiences, disrupting the industry in innovative ways. I am excited to join such a forward-thinking company, with ideals and expectations that mirror my own."
"Rick is a pioneer in digital marketing," said Ted Murphy, Founder/CEO of IZEA. "We are honored to welcome him to the IZEA family and are already benefiting from his extensive knowledge and relationships. He understands the agency and brand ecosystems like no other and will be a valuable asset to the company as we roll out our next generation platform later this year."
IZEA, Inc. is the pioneer of sponsored influence, operating key influencer marketing platforms Staree, Sponsored Tweets and SocialSpark. IZEA connects brands with social media influencers, helping them monetize their online and offline presence. The company has completed more than three million social media sponsorships for customers ranging from small local businesses to Fortune 50 organizations. For more information about IZEA, visit http://www.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 estimated levels of revenues, gross profit margin and net operating loss for the 2012 fiscal year. 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 media sponsorship segment in which IZEA operates, failure to popularize one or more of the marketplace platforms of IZEA, inability to obtain additional capital, 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://izea.com/safe-harbor-statement
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