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IZEA Offers Payment Acceleration to Creators Affected by the Government Shutdown

IZEA Offers Payment Acceleration to Creators Affected by the Government Shutdown

ORLANDO, Fla.--(BUSINESS WIRE)--

Qualified Government Employees and Their Spouses Eligible to Receive Immediate Payment for Completed Campaigns

IZEA Worldwide, Inc. (NASDAQ:IZEA), operator of IZEAx®, the premier online marketplace connecting brands and publishers with influential content creators, has announced the creation of a limited-time program to provide accelerated payments to creators who are either affected U.S. government employees, or their spouses, during the government shutdown. The program allows creators who are qualified government personnel or their spouses to request immediate payment for campaigns completed through IZEAx with no PayPop™ fees.

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“Many members of my family have depended on the government for income over my life. My father served in the Army, my uncle was an Army Colonel, my nephew recently enlisted in the Air Force, and my brother-in-law served in both the Navy and the Coast Guard,” said Ted Murphy, Founder and CEO of IZEA. “When Coast Guard members missed their first paycheck yesterday, it hit home for me. This government shutdown is unprecedented, and the impact on government employees, particularly those serving in the military, is jarring and unacceptable. We are proud to have many government employees and their spouses participating in the IZEA network and want to assist them in bridging the gap through this difficult time.”

The program, which is intended to remain live for the duration of the government shutdown, applies to all influencer and content marketing programs completed within IZEAx for which payment is due, and will be facilitated through IZEA’s PayPop program. The standard PayPop fees of 10-15% will be immediately credited back to the creator upon completion of the transaction. Applicants for the program will be required to provide proof of government employment/military status and verification of missed pay.

To apply for the program visit izea.com/shutdown-relief

About IZEA Worldwide, Inc.

IZEA Worldwide, Inc. (“IZEA”) operates online platforms that connect marketers with content creators. IZEA platforms automate 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.

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