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SharpSpring Achieves 38% Year-Over-Year Growth in New Customers for Second Quarter

GAINESVILLE, Fla., July 14, 2016 (GLOBE NEWSWIRE) -- SharpSpring, Inc. (NASDAQ:SHSP), a global provider of cloud-based marketing technologies, today announced that 251 new customers signed up for its flagship marketing automation platform during the second quarter of 2016, up 38% over the same period in 2015. Annualized recurring revenue from the new customer additions totaled approximately $1.8 million.

“Our continued success in expanding our customer base was due to yet another quarter of penetrating the agency market and making more digital marketers aware of our low-cost, full-featured marketing automation platform,” SharpSpring CEO Rick Carlson said.

During the quarter, SharpSpring added 185 premium marketing automation customers through its North America sales team, with an additional 66 customers through its international distribution network.

“Now that both the sale of the SMTP business and the migration of customers off of our GraphicMail product are complete, our resources will be dedicated solely to the promotion and expansion of our core marketing automation offering,” added Carlson. “We believe SharpSpring will continue to dominate the competition’s offerings due to our platform’s great value, flexible architecture, and easy-to-use but powerful user interface.”

To learn more about SharpSpring or signup for a demo, visit www.sharpspring.com.

About SharpSpring, Inc.
SharpSpring, Inc. (SHSP) is a rapidly growing, global provider of cloud-based marketing automation solutions that enable businesses to improve lead generation and engagement to drive more sales. The company’s product lines, which include SharpSpring and SharpSpring Mail+, are known for their innovation, flexible architecture, ease of use, and cost-effectiveness — all backed by high-quality, multilingual customer support. Learn more at www.sharpspring.com and www.sharpspringmail.com.

Company Contact: Edward Lawton Chief Financial Officer 617-500-0122 ir@sharpspring.com Investor Relations: Liolios Group, Inc. Matt Glover or Najim Mostamand 949-574-3860 SHSP@liolios.com

Source:SharpSpring, Inc.