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SMTP Announces SharpSpring Surpasses 500th Agency Partner

MANCHESTER, N.H., Sept. 10, 2015 (GLOBE NEWSWIRE) -- SMTP, Inc. (NASDAQ:SMTP), a global provider of cloud-based marketing technologies, today announced that its subsidiary, SharpSpring, achieved its next milestone by signing up more than 500 marketing agencies on its marketing automation platform.

Not only did SharpSpring's product sales reach record highs in the second quarter of 2015, what is perhaps most noteworthy is the rate at which SharpSpring is securing agency market share. As a relatively new entrant to the marketing automation field, SharpSpring is already posing a threat to many of its competitors and exceeding the rate of agency market capture of many existing players.

"The increasing rate at which SharpSpring is penetrating the agency market demonstrates that our agency focus and value propositions resonate strongly with customers and position us as the 'choice of marketing agencies.' We are challenging existing heavy hitters, like HubSpot, Marketo and ActOn, and they're taking notice," said Rick Carlson, SharpSpring founder and recently appointed SMTP president. "Having a focus on agencies has allowed us to deploy our software in an expeditious and cost-advantaged way. With our agency model, we have accelerated our market penetration to over 2,000 end users and rapidly created brand recognition in the fast growing marketing automation market."

About SMTP, Inc.

SMTP, Inc. (NASDAQ:SMTP) is a global provider of cloud-based marketing solutions, ranging from sophisticated marketing automation (via subsidiary SharpSpring) to comprehensive email and mobile marketing (via subsidiary GraphicMail) and scalable, cost-effective email deliverability services. The company's product family is hallmarked by its flexible architecture, ease-of-use and cost-effectiveness. SMTP augments its technology with high-quality, multilingual customer service and support. SMTP, Inc. is headquartered in Manchester, NH (www.smtp.com). Subsidiaries SharpSpring (www.sharpspring.com) and GraphicMail (www.graphicmail.com) are based in Gainesville, Fla., and Geneva, Switzerland, respectively.

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Safe Harbor Statement

The information posted in this release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. You can identify these statements by use of the words "may," "will," "should," "plans," "explores," "expects," "anticipates," "continues," "estimates," "projects," "intends," and similar expressions. Forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from those projected or anticipated. These risks and uncertainties include, but are not limited to, general economic and business conditions, effects of continued geopolitical unrest and regional conflicts, competition, changes in technology and methods of marketing, delays in completing new customer offerings, changes in customer order patterns, changes in customer offering mix, continued success in technological advances and delivering technological innovations, delays due to issues with outsourced service providers, those events and factors described by the Company in Item 1.A "Risk Factors" in its most recent Form 10-K and other risks to which the Company is subject, and various other factors beyond the Company's control.

CONTACT: Investor Relations Contact: Edward Lawton Chief Financial Officer 617-500-0122 ir@smtp.com

Source:SMTP, Inc.